Vista Energy (NYSE:VIST) Issues Quarterly Earnings Results, Misses Estimates By $0.63 EPS

Vista Energy (NYSE:VIST) announced its quarterly earnings results on Wednesday. The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63), Zacks reports. The business had revenue of $719.06 million for the quarter, compared to the consensus estimate of $679.81 million. Vista Energy had a return on equity of 16.51% and a net margin of 29.06%.

Vista Energy Stock Down 0.9%

Shares of NYSE VIST opened at $56.32 on Friday. Vista Energy has a 12-month low of $31.63 and a 12-month high of $62.42. The firm’s 50-day simple moving average is $52.25 and its 200 day simple moving average is $45.77. The company has a quick ratio of 0.61, a current ratio of 0.62 and a debt-to-equity ratio of 0.98. The company has a market cap of $5.87 billion, a price-to-earnings ratio of 8.43, a price-to-earnings-growth ratio of 2.93 and a beta of 0.82.

Wall Street Analyst Weigh In

VIST has been the subject of several recent analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vista Energy in a research note on Monday, December 29th. The Goldman Sachs Group set a $53.20 target price on shares of Vista Energy in a report on Wednesday, December 17th. Zacks Research downgraded shares of Vista Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 24th. JPMorgan Chase & Co. boosted their price target on shares of Vista Energy from $56.00 to $68.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Finally, UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $50.00 to $65.00 in a report on Sunday, January 11th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.55.

Hedge Funds Weigh In On Vista Energy

Large investors have recently modified their holdings of the stock. Cetera Investment Advisers acquired a new position in shares of Vista Energy during the second quarter valued at $506,000. Royal Bank of Canada increased its position in Vista Energy by 82.0% in the first quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock worth $439,000 after purchasing an additional 4,246 shares during the period. Visionary Wealth Advisors bought a new stake in Vista Energy during the 4th quarter worth about $438,000. Stifel Financial Corp lifted its position in Vista Energy by 4.7% during the 4th quarter. Stifel Financial Corp now owns 8,130 shares of the company’s stock valued at $396,000 after purchasing an additional 366 shares during the period. Finally, Mariner LLC acquired a new position in Vista Energy during the 4th quarter valued at about $376,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

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.