The Panic-Proof Portfolio (Stockchase Research)Vista Energy SABVISTTOP PICKJun 03, 2025

We reiterate VIST, a Mexican based oil and gas producer focused on shale development in South America as a TOP PICK.  Higher projections of oil prices has allowed the company to project increased free cash flow that unlocks access to new projects.  It trades at 20x earnings, under 3x book and supports a 14% ROE.  We recommend maintaining a stop at $62, looking to achieve $92 -- upside potential of 27%.  Yield 0%

Our PAST TOP PICK with VIST has achieved its target at $78.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $54) to $62.  

We reiterate VIST, the Mexican based energy producer, as a TOP PICK. Recently reported earnings showed a doubling of EPS and a 59% boost in production - 87% of which is oil.  The recent run up in oil prices will aid next quarter results.  It trades at 9x earnings and supports a 35% ROE.  We recommend trailing up the stop (from $41) to $54, looking to achieve $78 - upside potential over 22%.  Yield 0.2%

The Mexico based oil and gas producer with the largest shale oil operation outside the Americas reported a 33% increase in free cash flow on the back of a 60% increase in oil production.  It trades at 11x earnings, 2.2x book and supports a robust 37% ROE.   Cash reserves are growing aggressively and debt is stable.  We recommend setting a stop-loss at $41, looking to achieve $75 -- upside potential of 35%.  Yield 0% 

Our PAST TOP PICK with VIST has triggered its stop at $39.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment loss of 19%, when combined with previous guidance.  

This Mexican based oil and gas producer with production in Argentina as well, recently reported a 50% increase in production and revenues.  It trades at 10x earnings, 2.7x book and supports a ROE of 33%. We recommend setting a stop-loss at $35, looking to achieve $59 — potential upside over 28%. Yield 0.4%