Vista Oil & Gas (NYSE:VIST) Stock Rating Lowered by Zacks Investment Research


Share on StockTwits

Vista Oil & Gas (NYSE:VIST) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Thursday, Zacks.com reports.

According to Zacks, “Vista Oil & Gas, S.A.B. de C.V. is engaged in the energy sector. It focuses on the identification, acquisition and development of oil and gas fields primarily in Mexico, Argentina, Brazil and Colombia. Vista Oil & Gas, S.A.B. de C.V. is based in Mexico. “

Shares of VIST opened at $2.77 on Thursday. The business’s fifty day moving average price is $2.68 and its 200 day moving average price is $2.49. Vista Oil & Gas has a 12-month low of $1.80 and a 12-month high of $8.15. The stock has a market capitalization of $241.83 million, a PE ratio of -2.89 and a beta of 3.68. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.37 and a quick ratio of 1.32.

Vista Oil & Gas (NYSE:VIST) last posted its earnings results on Wednesday, October 28th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.07). The company had revenue of $69.86 million during the quarter. Vista Oil & Gas had a negative net margin of 25.51% and a negative return on equity of 14.00%. As a group, research analysts anticipate that Vista Oil & Gas will post -0.52 earnings per share for the current fiscal year.

Hedge funds have recently bought and sold shares of the business. FNY Investment Advisers LLC lifted its stake in Vista Oil & Gas by 608.2% in the third quarter. FNY Investment Advisers LLC now owns 160,157 shares of the company’s stock valued at $360,000 after buying an additional 137,542 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Vista Oil & Gas in the third quarter valued at $86,000. Jane Street Group LLC bought a new stake in Vista Oil & Gas in the third quarter valued at $347,000. Caas Capital Management LP bought a new stake in Vista Oil & Gas in the third quarter valued at $1,765,000. Finally, Sei Investments Co. bought a new stake in Vista Oil & Gas in the third quarter valued at $36,000. Institutional investors own 20.50% of the company’s stock.

Vista Oil & Gas Company Profile

Vista Oil & Gas, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. It principally owns producing assets in Argentina, as well as in Mexico. As of December 31, 2019, it had proved reserves of 101.8 MMBOE. The company was incorporated in 2017 and is based in Mexico City, Mexico.

Read More: How Do Mutual Funds Work?

Get a free copy of the Zacks research report on Vista Oil & Gas (VIST)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Vista Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vista Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.