Vista Energy (NYSE:VIST) Shares Down 3.9% – Here’s Why

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) fell 3.9% on Friday . The company traded as low as $53.70 and last traded at $53.73. 99,670 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 708,412 shares. The stock had previously closed at $55.90.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on VIST shares. UBS Group reissued a “neutral” rating and set a $64.00 price target (up previously from $60.00) on shares of Vista Energy in a report on Friday. Bank of America dropped their target price on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.60.

Vista Energy Stock Down 3.1 %

The firm has a 50-day simple moving average of $53.04 and a 200 day simple moving average of $49.14. The stock has a market capitalization of $5.16 billion, a P/E ratio of 10.50, a P/E/G ratio of 0.92 and a beta of 1.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59.

Hedge Funds Weigh In On Vista Energy

Large investors have recently modified their holdings of the business. Encompass Capital Advisors LLC raised its position in Vista Energy by 41.9% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock worth $46,562,000 after purchasing an additional 302,138 shares during the last quarter. State Street Corp lifted its stake in shares of Vista Energy by 53.9% in the third quarter. State Street Corp now owns 100,965 shares of the company’s stock worth $4,461,000 after acquiring an additional 35,342 shares during the period. Connective Portfolio Management LLC boosted its holdings in Vista Energy by 123.1% in the third quarter. Connective Portfolio Management LLC now owns 29,000 shares of the company’s stock valued at $1,281,000 after acquiring an additional 16,000 shares during the last quarter. Verde Servicos Internacionais S.A. acquired a new stake in Vista Energy during the 3rd quarter valued at approximately $994,000. Finally, TT International Asset Management LTD raised its holdings in Vista Energy by 2.3% during the 3rd quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock worth $85,435,000 after purchasing an additional 43,664 shares during the last quarter. Institutional investors 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.