Vista Oil & Gas (NYSE:VIST – Get Free Report) was upgraded by investment analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.
A number of other equities analysts also recently issued reports on the company. The Goldman Sachs Group assumed coverage on Vista Oil & Gas in a research report on Friday, February 21st. They set a “buy” rating and a $65.40 price target on the stock. Pickering Energy Partners assumed coverage on Vista Oil & Gas in a research report on Monday, April 7th. They set an “outperform” rating on the stock. Four analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $65.68.
View Our Latest Research Report on Vista Oil & Gas
Vista Oil & Gas Stock Down 1.5%
Vista Oil & Gas (NYSE:VIST – Get Free Report) last posted its earnings results on Wednesday, April 23rd. The company reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.03). The company had revenue of $420.80 million for the quarter, compared to analysts’ expectations of $472.61 million. Vista Oil & Gas had a return on equity of 14.38% and a net margin of 27.23%. Sell-side analysts expect that Vista Oil & Gas will post 5.74 earnings per share for the current year.
Institutional Investors Weigh In On Vista Oil & Gas
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. William Blair Investment Management LLC lifted its stake in Vista Oil & Gas by 27.8% in the 4th quarter. William Blair Investment Management LLC now owns 1,022,172 shares of the company’s stock valued at $55,307,000 after buying an additional 222,165 shares in the last quarter. US Bancorp DE acquired a new stake in shares of Vista Oil & Gas during the 4th quarter worth approximately $1,019,000. Gemsstock Ltd. acquired a new stake in Vista Oil & Gas in the 4th quarter valued at approximately $10,912,000. Raymond James Financial Inc. acquired a new stake in Vista Oil & Gas in the 4th quarter valued at approximately $907,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Vista Oil & Gas in the 4th quarter valued at approximately $2,233,000. 63.81% of the stock is owned by institutional investors and hedge funds.
About Vista Oil & Gas
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.
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