Encompass Capital Advisors LLC Cuts Stock Position in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Encompass Capital Advisors LLC cut its stake in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 8.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 543,551 shares of the company’s stock after selling 51,295 shares during the period. Vista Energy makes up 1.2% of Encompass Capital Advisors LLC’s portfolio, making the stock its 20th largest holding. Encompass Capital Advisors LLC’s holdings in Vista Energy were worth $41,022,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lazard Asset Management LLC acquired a new position in Vista Energy in the 1st quarter valued at $102,610,000. ABS Direct Equity Fund LLC acquired a new stake in shares of Vista Energy in the 1st quarter worth $2,264,000. Sona Asset Management US LLC acquired a new stake in shares of Vista Energy in the 1st quarter worth $1,283,000. Cape Ann Asset Management Ltd boosted its holdings in shares of Vista Energy by 35.1% in the first quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company’s stock valued at $70,326,000 after acquiring an additional 241,942 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of Vista Energy by 44.2% in the first quarter. Sei Investments Co. now owns 183,715 shares of the company’s stock valued at $13,865,000 after acquiring an additional 56,314 shares in the last quarter. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Vista Energy Stock Performance

NYSE:VIST opened at $66.61 on Tuesday. The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 0.84. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a fifty-two week low of $31.63 and a fifty-two week high of $81.44. The stock has a market cap of $6.94 billion, a PE ratio of 8.78, a price-to-earnings-growth ratio of 0.58 and a beta of 0.63. The firm’s fifty day simple moving average is $68.90 and its 200-day simple moving average is $64.63.

Vista Energy (NYSE:VIST) last announced its quarterly earnings data on Friday, July 17th. The company reported $2.38 EPS for the quarter, missing the consensus estimate of $3.15 by ($0.77). Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. Analysts expect that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.54 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Zacks Research lowered shares of Vista Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. JPMorgan Chase & Co. lifted their price objective on Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. HSBC assumed coverage on Vista Energy in a research report on Sunday, June 14th. They set a “buy” rating and a $95.00 target price on the stock. Weiss Ratings raised Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Finally, UBS Group raised their price target on Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $83.24.

About Vista Energy

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.