Vital Energy, Inc. (VTLE)
| Market Cap | 1.97B |
| Revenue (ttm) | 1.55B |
| Net Income (ttm) | 694.63M |
| Shares Out | 36.66M |
| EPS (ttm) | 33.44 |
| PE Ratio | 1.61 |
| Forward PE | 5.66 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 677,494 |
| Open | 52.81 |
| Previous Close | 53.26 |
| Day's Range | 52.81 - 54.91 |
| 52-Week Range | 40.00 - 62.87 |
| Beta | 3.28 |
| Analysts | Buy |
| Price Target | 58.50 (+8.76%) |
| Earnings Date | May 8, 2024 |
About VTLE
Vital Energy, Inc., an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc. and changed its name to Vital Energy, Inc. in January 2023. Vital Energy, Inc. was founded in 2006 and is headquartered in Tulsa, Oklahoma. [Read more]
Financial Performance
In 2023, Vital Energy's revenue was $1.55 billion, a decrease of -19.43% compared to the previous year's $1.92 billion. Earnings were $694.63 million, an increase of 9.99%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for VTLE stock is "Buy." The 12-month stock price forecast is $58.5, which is an increase of 8.76% from the latest price.
News
Vital Energy Schedules First-Quarter 2024 Earnings Release and Conference Call
TULSA, OK, April 15, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") will report first-quarter 2024 financial and operating results after the market close on...
Vital Energy Announces New Lender Under Existing Credit Facility
Calgary, Alberta--(Newsfile Corp. - April 3, 2024) - Vital Energy Inc. (TSXV: VUX) (the "Corporation") announces that, further to its December 5, 2023 news release, its existing $10 million credit fac...
Vital Energy Announces Increase in Tender Cap for Senior Notes Due 2030
TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced that it has amended its previously announced ca...
Vital Energy Prices Upsized Offering of $200.0 Million of Senior Notes
TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced the pricing of its previously announced private...
Vital Energy Announces Offering of $100.0 Million of Senior Notes
TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced that it intends to offer (the “Offering”), subj...
Vital Energy Announces Early Results and Increase of its Cash Tender Offers for its Senior Notes due 2028 and Senior Notes due 2030; Planned Redemption of Senior Notes due 2028
TULSA, OK, March 28, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”) today announced the early results of its previously announced ca...
Vital Energy Prices Upsized Offering of $800.0 Million of Senior Notes
TULSA, OK, March 14, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced the pricing of its previously announced private...
Vital Energy Commences Tender Offers For a Portion of Its Senior Notes Due 2028 and Its Senior Notes Due 2030
TULSA, OK, March 14, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today announced that it has commenced cash tender offers (the “Tender Offers”) to purcha...
Vital Energy Announces Offering of $575.0 Million of Senior Notes
TULSA, OK, March 14, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced that it intends to offer (the “Offering”), subj...
Vital Energy Reports Fourth-Quarter and Full-Year 2023 Financial and Operating Results
Reports record total and oil production for 4Q-23 and FY-23 Plans to invest $750 - $850 million, increasing FY-24 oil production ~10% from 4Q-23 exit Updates development inventory to >10 years of oil-...
Vital Energy Closes Second Transaction to Acquire Additional Working Interests Related to Recent Permian Basin Acquisition
TULSA, OK, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today announced the second acquisition of additional working interests in producing asset...
Granite Ridge Resources Provides an Operational Update, Releases Select Preliminary Fourth-Quarter 2023 Results, and Schedules Earnings Results Conference Call for March 8, 2024, at 10:00 a.m. Central Time
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (NYSE: GRNT) (“Granite Ridge” or the “Company”) today provided an operational update and released select preliminary fourth-quarter 2023 results....
Vital Energy Provides Select Preliminary Fourth-Quarter 2023 Results
Total and oil production exceed outlook with capital investments in-line Company provides fourth-quarter and full-year 2023 earnings and conference call details TULSA, OK, Jan. 09, 2024 (GLOBE NEWSWIR...
Vital Energy Acquires Additional Working Interests in Recent High-Value Acquisitions in the Permian Basin
TULSA, OK, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today announced the acquisition of additional working interests in producing assets assoc...
Vital Energy Inc. Announces New $10 Million Credit Facility
Calgary, Alberta--(Newsfile Corp. - December 5, 2023) - Vital Energy Inc. (TSXV: VUX) (the "Corporation") announces that it has entered into a loan agreement, effective December 4, 2023, with a compan...
Vital Energy Announces Conversion of 2.0% Cumulative Mandatorily Convertible Series A Preferred Stock
TULSA, OK, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today announced its intention to mandatorily convert all outstanding shares of its 2.0% C...
Vital Energy Promotes Katie Hill to Senior Vice President and Chief Operating Officer
TULSA, OK , Nov. 13, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today announced the promotion of Katie Hill to Senior Vice President and Chief Operating...
Five potential takeover targets in the oil industry, following deals by Exxon Mobil and Chevron
This could be a good time for investors to pour money into stocks of companies involved in the production of oil and natural gas. And the best reason for that may have nothing to do with military conf...
Vital Energy Reports Third-Quarter 2023 Financial and Operating Results
Record quarterly production exceeds guidance, leads to increased full-year 2023 outlook Capital investments in quarter were below guidance Publishes 2023 Sustainability Report and inaugural Climate Ri...
Vital Energy Provides Select Preliminary Third-Quarter 2023 Results
Total and oil production exceed outlook with capital investments below low end of guidance Company provides third-quarter 2023 earnings and conference call details TULSA, OK, Oct. 11, 2023 (GLOBE NEWS...
These oil stocks are looking cheap as Exxon Mobil reportedly mulls a bid for Pioneer
Pioneer Natural Resources is in play, with the Wall Street Journal reporting that Exxon Mobil is close to making a bid to buy out its smaller competitor. So that raises the question: which other oil c...
Vital Energy Prices Upsized Offering of $900 Million of Senior Notes
TULSA, OK, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), announced today the pricing of $400 million in aggregate princi...
Vital Energy Prices Upsized Offering Of Common Stock
TULSA, OK, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), announced today the pricing of an upsized underwritten public o...
Vital Energy expands in Permian Basin with deals valued at $1.17 bln
Vital Energy will add scale in the U.S. Permian Basin through the purchase of acreage for a total of about $1.17 billion, the company said on Wednesday.
Vital Energy Announces Offering Of Senior Notes
TULSA, OK, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), announced today that it intends, subject to market conditions, ...