Top 5 Stocks Under $15

4. Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Stock Price as of August 29: $10.41

Vista Energy, S.A.B. de C.V. (NYSE:VIST) is a Mexican oil and gas exploration company. The company’s main assets are located in Argentina.

Vista Energy, S.A.B. de C.V. (NYSE:VIST) made significant strides in its Q2 2022 earnings reports. Compared to an EPS of $0.20 in Q2 2021, the company Q2 2022 EPS of $0.93 increased notably. The revenues were up 78.1% to $294.3 million. Moreover, the total production was up by 12% to 44,825 boe/d. Even though the company does not pay a dividend, it bought back approximately $28 million worth of shares in the quarter and is looking forward to increasing shareholder returns through future dividends or repurchases.

Vista Energy, S.A.B. de C.V. (NYSE:VIST) controls a total of 5 concessions in Argentina and Mexico, covering 158,000 acres with 35-year terms. Due to its new operating wells, the management is expecting a total energy production of 80 million boe/d at an average annual growth rate of 14% over the next four years. Furthermore, the company forecasts its revenues to reach $1.65 billion by 2026.