Engineers Gate Manager LP Makes New Investment in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Engineers Gate Manager LP purchased a new stake in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) in the second quarter, HoldingsChannel reports. The institutional investor purchased 36,090 shares of the company’s stock, valued at approximately $2,303,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VIST. EverSource Wealth Advisors LLC increased its position in shares of Vista Energy by 46.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock valued at $39,000 after purchasing an additional 163 shares during the period. Confluence Investment Management LLC lifted its holdings in shares of Vista Energy by 1.7% in the second quarter. Confluence Investment Management LLC now owns 27,270 shares of the company’s stock valued at $1,740,000 after buying an additional 443 shares during the period. Operose Advisors LLC bought a new position in Vista Energy during the second quarter valued at about $32,000. Platinum Investment Management Ltd. bought a new position in Vista Energy during the fourth quarter valued at about $67,000. Finally, Titan Global Capital Management USA LLC grew its holdings in Vista Energy by 4.6% during the first quarter. Titan Global Capital Management USA LLC now owns 51,480 shares of the company’s stock worth $3,885,000 after acquiring an additional 2,285 shares during the period. 63.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on VIST. HSBC initiated coverage on shares of Vista Energy in a research report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price target on the stock. Zacks Research lowered shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Weiss Ratings cut shares of Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, September 1st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Vista Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Tuesday, September 1st. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Vista Energy currently has an average rating of “Moderate Buy” and an average target price of $83.44.

Vista Energy Price Performance

Shares of NYSE:VIST opened at $76.34 on Tuesday. The company has a market capitalization of $7.96 billion, a PE ratio of 10.07, a price-to-earnings-growth ratio of 0.68 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69. The stock has a fifty day moving average of $68.84 and a 200-day moving average of $68.72. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a one year low of $33.37 and a one year high of $81.44.

Vista Energy (NYSE:VIST) last issued its earnings results on Friday, July 17th. The company reported $2.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.15 by ($0.77). The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. Vista Energy had a return on equity of 20.26% and a net margin of 23.56%. As a group, equities analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 8.88 EPS for the current fiscal year.

About Vista Energy

Vista Energy is an independent energy company engaged in the exploration, development and production of oil and natural gas. The company’s portfolio is focused primarily on unconventional resources in Argentina’s Vaca Muerta shale formation, where it develops oil and gas wells and related production infrastructure.

Vista’s operations include drilling, completion, processing and transportation activities, as well as the marketing of crude oil, natural gas and associated hydrocarbons. Its assets are concentrated in the Neuquén Basin, including the Bajada del Palo development, one of the company’s principal operating areas.