Vital Energy, Inc. (VTLE)
| Market Cap | 1.16B |
| Revenue (ttm) | 1.86B |
| Net Income (ttm) | 466.20M |
| Shares Out | 36.32M |
| EPS (ttm) | 13.16 |
| PE Ratio | 2.42 |
| Forward PE | 4.03 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 676,404 |
| Open | 31.08 |
| Previous Close | 30.91 |
| Day's Range | 31.08 - 32.35 |
| 52-Week Range | 25.85 - 58.30 |
| Beta | 3.17 |
| Analysts | Hold |
| Price Target | 47.73 (+49.91%) |
| Earnings Date | Nov 6, 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 13 analysts, the average rating for VTLE stock is "Hold." The 12-month stock price forecast is $47.73, which is an increase of 49.91% from the latest price.
News
Vital Energy, Inc. (VTLE) Q3 2024 Earnings Call Transcript
Vital Energy, Inc. (NYSE:VTLE) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Ron Hagood - Vice President, Investor Relations Jason Pigott - President and Chief Exe...
Vital Energy: Hedging Fueled Gains And Point Energy Outperformance
Point Energy is outperforming expectations. The Delaware Basin gets "first call" on capital spending because of the superior profitability of the acreage. Point Energy's higher oil production percenta...
Vital Energy Reports Third-Quarter 2024 Financial and Operating Results
Raises fourth-quarter and full-year 2024 total and oil production forecasts Raises fourth-quarter and full-year 2024 total and oil production forecasts
Vital Energy Appoints New Auditor
Calgary, Alberta--(Newsfile Corp. - October 8, 2024) - Vital Energy Inc. (TSXV: VUX) (the "Corporation") announced today that it has appointed MNP LLP, as auditor of the Corporation effective October...
Vital Energy Schedules Third-Quarter 2024 Earnings Release and Conference Call
TULSA, OK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") will report third-quarter 2024 financial and operating results after the market close on ...
Undercovered Dozen: Clover Health, Quipt, Vital Energy, STMicroelectronics +
The 'Undercovered' Dozen highlights 12 lesser-covered stocks with strong potential, aiming to provide investment ideas and spark community discussion. Dmytro Konovalov takes a look at the impacts of T...
Vital Energy Announces Shareholders Meeting
Calgary, Alberta--(Newsfile Corp. - October 1, 2024) - Vital Energy Inc. (TSXV: VUX) (the "Corporation" or "Vital") announced today that the annual general and special meeting of the shareholders of V...
Vital Energy: Prospect Deal Details And Operational Improvements
Vital Energy secured a favorable deal in acquiring Point Energy Acreage. The net revenue using a 10% discount rate indicates an impressive discount for the sales price paid. The purchase price is appr...
Point Energy Partners II Completes $1.1 Billion Sale to Vital Energy
FORT WORTH, Texas--(BUSINESS WIRE)--Point Energy Partners II ("Point Energy") today announced the completion of its previously announced $1.1 billion all cash sale of its assets to Vital Energy, Inc. ...
Top 4 Energy Stocks That May Explode In Q3
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Vital Energy Annouces Amendments to Existing Credit Facility
Calgary, Alberta--(Newsfile Corp. - August 28, 2024) - Vital Energy Inc. (TSXV: VUX) (the "Corporation") announces that, further to its December 5, 2023 and April 3, 2024 news releases, it has amended...
Vital Energy Announces Amendments to Existing Credit Facility
Calgary, Alberta--(Newsfile Corp. - August 28, 2024) - Vital Energy Inc. (TSXV: VUX) (the "Corporation") announces that, further to its December 5, 2023 and April 3, 2024 news releases, it has amended...
Vital Energy: Q2 2024 Earnings, What Happened
Vital Energy's recent acquisitions have not led to expected profitability. Tax items and hedging gains and losses distorted quarterly comparisons. Many times, the purchaser inherits the seller's high-...
Vital Energy Reports Second-Quarter 2024 Financial and Operating Results
Raises full-year 2024 total and oil production forecast Increases estimated sub-$50 WTI breakeven locations by ~45% TULSA, OK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital...
Vital Energy to Expand Delaware Basin Position Through Bolt-on Acquisition
Transaction highly accretive to key metrics; adds 68 high-return gross locations Transaction highly accretive to key metrics; adds 68 high-return gross locations
NOG Announces Second Joint Acquisition with Vital Energy in the Delaware Basin
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Second Joint Acquisition with Vital Energy in the Delaware Basin.
Vital Energy nearing a deal to buy Point Energy for $1.1 billion, sources say
Vital Energy is closing in on an all-cash deal to acquire private equity-owned Point Energy Partners for $1.1 billion, people familiar with the matter said on Sunday, a move that would extend a wave o...
Vital Energy: Bringing Costs Down
Vital Energy acquired smaller acreage with high costs in order to improve results through lower costs going forward. Management's focus on reducing breakeven prices for new wells has shown promising r...
Vital Energy Schedules Second-Quarter 2024 Earnings Release and Conference Call
TULSA, OK, July 16, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") will report second-quarter 2024 financial and operating results after the market close on...
Vital Energy: Another Oil/Gas Name On The Sale Rack
Wall Street is disregarding the oil & gas industry's upside potential, putting low business valuations on rising energy prices. Vital Energy is a Texas-focused E&P company with strong fundamentals and...
Vital Energy: Going West For More Oil
Vital Energy began to transform after previous management was "shown the door" due to a letter to the board from Sailingstone. Current management has steadily improved finances, resulting in reduced i...
Vital Energy: Strong Production Performance, But Dealing With Elevated Operating Costs
Vital Energy's Q1 2024 production ended up around 4% higher than its guidance midpoint. This continues a trend of new well outperformance, and it is likely to do better than its guidance midpoint for ...
Vital Energy Announces New CFO
Calgary, Alberta--(Newsfile Corp. - May 31, 2024) - Vital Energy Inc. (TSXV: VUX) (the "Corporation") is pleased to announce that Mr. Zhen Jiang has been appointed as the Chief Financial Officer of th...
Vital Energy Announces Conversion of 2.0% Cumulative Mandatorily Convertible Series A Preferred Stock
TULSA, OK, May 28, 2024 (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% Cu...
Vital Energy, Inc. (VTLE) Q1 2024 Earnings Call Transcript
Vital Energy, Inc. (NYSE:VTLE) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Ron Hagood – Vice President-Investor Relations Jason Pigott – President and Chief Executive...