Seven Eight Capital LP Makes New Investment in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Seven Eight Capital LP bought a new position in Vista Energy, S.A.B. de C.V. (NYSE:VIST) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 23,860 shares of the company’s stock, valued at approximately $1,085,000.

Other large investors have also made changes to their positions in the company. Blue Trust Inc. grew its position in Vista Energy by 5,683.1% during the 2nd quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock worth $141,000 after purchasing an additional 3,353 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Vista Energy by 41.0% during the second quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock valued at $189,000 after buying an additional 1,208 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Vista Energy during the fourth quarter valued at $303,000. Custom Index Systems LLC acquired a new position in Vista Energy during the second quarter valued at $343,000. Finally, Baader Bank Aktiengesellschaft purchased a new stake in Vista Energy in the 2nd quarter worth about $354,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

Wall Street Analyst Weigh In

VIST has been the topic of several research analyst reports. JPMorgan Chase & Co. began coverage on Vista Energy in a research note on Tuesday, August 20th. They set an “overweight” rating and a $68.00 target price on the stock. Bank of America decreased their price target on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday. Finally, UBS Group upped their price objective on shares of Vista Energy from $50.00 to $55.00 and gave the company a “neutral” rating in a research note on Wednesday, September 4th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Vista Energy has an average rating of “Moderate Buy” and a consensus price target of $58.80.

Vista Energy Stock Performance

Shares of NYSE VIST opened at $47.39 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.77 and a quick ratio of 0.76. Vista Energy, S.A.B. de C.V. has a one year low of $25.00 and a one year high of $52.47. The business’s 50-day moving average price is $47.27 and its two-hundred day moving average price is $44.86. The company has a market capitalization of $4.56 billion, a P/E ratio of 10.97, a price-to-earnings-growth ratio of 0.38 and a beta of 1.81.

Vista Energy (NYSE:VIST) last announced its quarterly earnings results on Thursday, July 11th. The company reported $0.74 EPS for the quarter, missing the consensus estimate of $1.40 by ($0.66). Vista Energy had a net margin of 33.08% and a return on equity of 38.04%. The firm had revenue of $396.72 million during the quarter, compared to the consensus estimate of $397.46 million. Analysts anticipate that Vista Energy, S.A.B. de C.V. will post 6.2 earnings per share for the current fiscal year.

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.