Vista Energy (NYSE:VIST) Stock Price Up 5.8% – Here’s What Happened

Vista Energy, S.A.B. de C.V. (NYSE:VIST) shares traded up 5.8% during mid-day trading on Tuesday . The company traded as high as $57.83 and last traded at $57.64. 485,954 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 976,611 shares. The stock had previously closed at $54.49.

Analysts Set New Price Targets

VIST has been the subject of several recent analyst reports. UBS Group reiterated a “neutral” rating and issued a $64.00 price objective (up from $60.00) on shares of Vista Energy in a report on Friday, January 3rd. Bank of America cut their price objective on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $60.60.

Vista Energy Stock Down 1.3 %

The firm has a market capitalization of $5.41 billion, a price-to-earnings ratio of 11.00, a PEG ratio of 0.92 and a beta of 1.71. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48. The stock has a fifty day moving average of $53.34 and a 200-day moving average of $49.42.

Institutional Trading of Vista Energy

A number of hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC grew its position in Vista Energy by 18.0% during the second quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock valued at $405,000 after purchasing an additional 1,359 shares in the last quarter. Rhumbline Advisers grew its stake in Vista Energy by 41.0% in the second quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock valued at $189,000 after purchasing an additional 1,208 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Vista Energy by 2.6% during the 2nd quarter. Victory Capital Management Inc. now owns 109,657 shares of the company’s stock worth $4,987,000 after purchasing an additional 2,750 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Vista Energy by 10.1% during the 2nd quarter. American Century Companies Inc. now owns 315,438 shares of the company’s stock valued at $14,346,000 after buying an additional 28,815 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Vista Energy by 11.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 199,450 shares of the company’s stock valued at $9,076,000 after buying an additional 20,531 shares in the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

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.