Why This Fund Added $4.6 Million to a Latin American Energy Stock

On February 2, PING Capital Management disclosed a buy of 101,000 additional shares of Vista Energy (NYSE:VIST), an estimated $4.57 million trade based on quarterly average pricing. What happened According to a U.S. Securities and Exchange Commission (SEC) filing dated February 2, PING Capital Management, Inc. increased its position in Vista Energy by 101,000 shares during the fourth quarter. The estimated transaction value, based on the average closing price for the quarter, was approximately $4.57 mill ...