Vista Energy (NYSE:VIST) Trading 5.8% Higher – Here’s What Happened

Vista Energy, S.A.B. de C.V. (NYSE:VIST) shares shot up 5.8% on Tuesday . The stock 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.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on VIST. UBS Group restated a “neutral” rating and set a $64.00 target price (up previously from $60.00) on shares of Vista Energy in a research note on Friday. Bank of America cut their price objective on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a research report on Wednesday, September 18th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Vista Energy presently has an average rating of “Moderate Buy” and a consensus target price of $60.60.

Vista Energy Stock Up 4.6 %

The stock has a fifty day moving average price of $53.08 and a two-hundred day moving average price of $49.27. The company has a market cap of $5.43 billion, a price-to-earnings ratio of 11.05, a P/E/G ratio of 0.92 and a beta of 1.71. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48.

Institutional Investors Weigh In On Vista Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC grew its position in Vista Energy by 332.4% during the fourth quarter. GAMMA Investing LLC now owns 2,136 shares of the company’s stock worth $116,000 after buying an additional 1,642 shares in the last quarter. FMR LLC grew its holdings in shares of Vista Energy by 3,262.5% during the 3rd quarter. FMR LLC now owns 3,497 shares of the company’s stock worth $154,000 after purchasing an additional 3,393 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Vista Energy by 41.0% during the 2nd quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock worth $189,000 after purchasing an additional 1,208 shares in the last quarter. Custom Index Systems LLC bought a new position in shares of Vista Energy in the second quarter worth $343,000. Finally, Centiva Capital LP acquired a new position in Vista Energy in the third quarter valued at about $389,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

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.