Pickering Energy Partners Initiates Coverage on Vista Energy (NYSE:VIST)

Pickering Energy Partners initiated coverage on shares of Vista Energy (NYSE:VIST) in a report issued on Monday, Marketbeat reports. The firm issued an outperform rating on the stock.

Other equities analysts have also recently issued research reports about the stock. UBS Group reiterated a “neutral” rating and issued a $64.00 price objective (up previously from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. The Goldman Sachs Group assumed coverage on Vista Energy in a research report on Friday, February 21st. They set a “buy” rating and a $65.40 target price for the company. JPMorgan Chase & Co. boosted their price target on shares of Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a research note on Friday, January 10th. Finally, Citigroup upgraded Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 target price for the company in a research report on Thursday, February 13th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $64.73.

Vista Energy Stock Down 5.0 %

Shares of Vista Energy stock opened at $36.80 on Monday. Vista Energy has a 1 year low of $33.30 and a 1 year high of $61.67. 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 company has a 50-day moving average of $49.10 and a 200 day moving average of $51.19. The firm has a market cap of $3.50 billion, a price-to-earnings ratio of 7.13, a PEG ratio of 0.83 and a beta of 1.22.

Vista Energy (NYSE:VIST) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.67). Vista Energy had a net margin of 34.78% and a return on equity of 30.06%. The firm had revenue of $471.32 million for the quarter, compared to analysts’ expectations of $464.55 million. As a group, sell-side analysts anticipate that Vista Energy will post 5.74 earnings per share for the current fiscal year.

Institutional Trading of Vista Energy

Large investors have recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of Vista Energy by 795.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company’s stock valued at $123,604,000 after purchasing an additional 2,029,081 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Vista Energy in the fourth quarter worth about $42,575,000. Cooper Creek Partners Management LLC acquired a new stake in Vista Energy during the 4th quarter valued at approximately $39,392,000. Ninety One UK Ltd purchased a new stake in Vista Energy in the fourth quarter valued at $38,149,000. Finally, Ninety One North America Inc. purchased a new stake in Vista Energy in the 4th quarter worth approximately $23,403,000. 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.