Vista Energy’s (VIST) “Neutral” Rating Reiterated at UBS Group

UBS Group reaffirmed their neutral rating on shares of Vista Energy (NYSE:VIST) in a research report report published on Friday morning, Marketbeat Ratings reports. UBS Group currently has a $64.00 price objective on the stock, up from their prior price objective of $60.00.

Separately, Bank of America cut their price target on Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a research note 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. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $60.60.

Vista Energy Trading Down 3.1 %

VIST stock opened at $54.17 on Friday. 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 market capitalization of $5.16 billion, a PE ratio of 10.50, a P/E/G ratio of 0.92 and a beta of 1.75. The firm’s 50-day moving average is $53.04 and its 200 day moving average is $49.10. Vista Energy has a 12 month low of $28.82 and a 12 month high of $59.47.

Institutional Trading of Vista Energy

Several hedge funds have recently modified their holdings of the company. Encompass Capital Advisors LLC lifted its holdings in shares of Vista Energy by 41.9% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock valued at $46,562,000 after purchasing an additional 302,138 shares during the last quarter. State Street Corp increased its position in Vista Energy by 53.9% during the 3rd quarter. State Street Corp now owns 100,965 shares of the company’s stock valued at $4,461,000 after buying an additional 35,342 shares in the last quarter. Connective Portfolio Management LLC increased its position in Vista Energy by 123.1% during the 3rd quarter. Connective Portfolio Management LLC now owns 29,000 shares of the company’s stock valued at $1,281,000 after buying an additional 16,000 shares in the last quarter. Verde Servicos Internacionais S.A. purchased a new stake in Vista Energy in the third quarter valued at about $994,000. Finally, TT International Asset Management LTD boosted its holdings in Vista Energy by 2.3% in the third quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock worth $85,435,000 after acquiring an additional 43,664 shares in the last quarter. 63.81% of the stock is owned by hedge funds and other institutional investors.

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.