Vista Energy (NYSE:VIST) Sees Large Volume Increase – What’s Next?

Vista Energy, S.A.B. de C.V. (NYSE:VIST) shares saw an uptick in trading volume on Wednesday . 252,454 shares traded hands during trading, a decline of 62% from the previous session’s volume of 665,413 shares.The stock last traded at $54.83 and had previously closed at $53.52.

Analyst Ratings Changes

A number of research firms recently weighed in on VIST. Bank of America reduced their price target on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. JPMorgan Chase & Co. assumed coverage on Vista Energy in a research report on Tuesday, August 20th. They set an “overweight” rating and a $68.00 target price on the stock. Finally, UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and lifted their price target for the company from $55.00 to $60.00 in a research note on Friday, September 27th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Vista Energy presently has an average rating of “Moderate Buy” and an average target price of $59.80.

Vista Energy Stock Down 0.3 %

The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59. The business has a 50 day simple moving average of $49.10 and a 200 day simple moving average of $47.26. The company has a market capitalization of $5.08 billion, a price-to-earnings ratio of 10.34, a PEG ratio of 0.43 and a beta of 1.78.

Institutional Trading of Vista Energy

Hedge funds have recently added to or reduced their stakes in the company. NS Partners Ltd acquired a new position in shares of Vista Energy during the third quarter worth $26,777,000. Encompass Capital Advisors LLC increased its holdings in shares of Vista Energy by 41.9% in the 2nd quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock valued at $46,562,000 after acquiring an additional 302,138 shares during the last quarter. Gemsstock Ltd. purchased a new position in shares of Vista Energy in the 2nd quarter valued at about $13,307,000. Sei Investments Co. raised its position in shares of Vista Energy by 253.6% during the 2nd quarter. Sei Investments Co. now owns 316,350 shares of the company’s stock worth $14,388,000 after acquiring an additional 226,891 shares in the last quarter. Finally, National Bank of Canada FI purchased a new stake in Vista Energy during the second quarter worth approximately $5,749,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

About Vista Energy

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.