Vista Energy, S.A.B. de C.V. (NYSE:VIST) Sees Large Drop in Short Interest

Vista Energy, S.A.B. de C.V. (NYSE:VIST) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 1,630,000 shares, a decline of 16.0% from the November 30th total of 1,940,000 shares. Based on an average daily volume of 1,030,000 shares, the days-to-cover ratio is currently 1.6 days.

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 company. TT International Asset Management LTD raised its holdings in shares of Vista Energy by 2.3% during the 3rd quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock valued at $85,435,000 after purchasing an additional 43,664 shares in the last quarter. Encompass Capital Advisors LLC increased its position in Vista Energy by 41.9% during the second quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock worth $46,562,000 after buying an additional 302,138 shares during the last quarter. NS Partners Ltd bought a new position in Vista Energy during the third quarter valued at about $26,777,000. Sei Investments Co. lifted its position in shares of Vista Energy by 253.6% in the second quarter. Sei Investments Co. now owns 316,350 shares of the company’s stock worth $14,388,000 after buying an additional 226,891 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Vista Energy by 10.1% during the 2nd quarter. American Century Companies Inc. now owns 315,438 shares of the company’s stock worth $14,346,000 after acquiring an additional 28,815 shares in the last quarter. 63.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and raised their target price for the stock from $55.00 to $60.00 in a research report on Friday, September 27th. Bank of America decreased their price objective on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a research report on Wednesday, September 18th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Vista Energy currently has a consensus rating of “Moderate Buy” and an average price target of $59.80.

Vista Energy Stock Up 0.0 %

VIST traded up $0.02 during trading on Tuesday, reaching $54.11. 237,826 shares of the stock traded hands, compared to its average volume of 689,276. The stock’s 50-day simple moving average is $52.50 and its two-hundred day simple moving average is $48.78. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59. Vista Energy has a fifty-two week low of $28.43 and a fifty-two week high of $59.47. The stock has a market cap of $5.15 billion, a price-to-earnings ratio of 10.49, a price-to-earnings-growth ratio of 0.92 and a beta of 1.75.

About Vista Energy

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.