Vista Energy (NYSE:VIST) Releases Earnings Results, Misses Expectations By $0.77 EPS

Vista Energy (NYSE:VIST) released its earnings results on Thursday. The company reported $2.38 EPS for the quarter, missing the consensus estimate of $3.15 by ($0.77), Zacks reports. Vista Energy had a net margin of 25.65% and a return on equity of 14.80%.

Vista Energy Stock Performance

Shares of VIST opened at $62.38 on Friday. The company has a 50-day moving average of $69.42 and a two-hundred day moving average of $63.72. Vista Energy has a one year low of $31.63 and a one year high of $81.44. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.77 and a quick ratio of 0.76. The stock has a market cap of $6.50 billion, a price-to-earnings ratio of 9.12, a PEG ratio of 0.51 and a beta of 0.63.

Hedge Funds Weigh In On Vista Energy

Hedge funds have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd increased its holdings in Vista Energy by 1,009.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock worth $25,000 after buying an additional 656 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vista Energy in the second quarter valued at about $163,000. Federated Hermes Inc. bought a new position in Vista Energy in the 4th quarter worth approximately $221,000. HighTower Advisors LLC acquired a new position in Vista Energy during the 4th quarter valued at $223,000. Finally, Corient Private Wealth LLC acquired a new position in shares of Vista Energy during the fourth quarter valued at about $240,000. 63.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on the company. HSBC began coverage on Vista Energy in a research report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price objective on the stock. JPMorgan Chase & Co. upped their target price on shares of Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Zacks Research lowered Vista Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Vista Energy in a research note on Tuesday, June 9th. Finally, UBS Group upped their price target on shares of Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $83.24.

About Vista Energy

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.