US-listed shares of Vista Energy gain after Peter Thiel buys 1% stake
BUZZ-US-listed shares of Vista Energy gain after Peter Thiel buys 1% stake ** U.S.-listed shares of Vista Energy VIST.N rise more than 7% to $73.22 premarket
** Palantir PLTR.O chair and co-founder Peter Thiel bought 1% stake in the Vista — among the largest oil companies operating in Argentina's Vaca Muerta shale
** The billionaire's Macro LLC hedge fund bought around 1.2 million American depositary shares in Vista, worth ~$76 mln - SEC filing published Friday
** The fund declared a $418.7 mln portfolio, including stakes in Vistra VST.N, Amazon AMZN.O American Electric Power AEP.O, DTE Energy DTE.N, FirstEnergy FE.N, CMS Energy CMS.N and X-Energy XE.O
** Eleven brokerages rate VIST "buy" or higher; their median PT is $89 - LSEG-compiled data
** Stock has gained 40.4% YTD through last close
(Reporting by Sudeshna Ghoshal in Bengaluru)
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