Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
15 December 2011Website:
http://vitalenergy.comNext earnings report:
06 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:00:06 GMTDividend
Analysts recommendations
Institutional Ownership
VTLE Latest News
Vital Energy (VTLE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Vista Energy, S.A.B. de C.V.'s 3Q24 results show strong production growth, but transport bottlenecks and rising costs somewhat affect its margins. Production guidance for 2025 increased to 95-100 thousand boe/day, with a long-term goal of 150 thousand boe/day by 2030. Valuation models suggest Vista Energy needs Brent prices between $70-$75 to achieve a 15% yield, considering Argentina's economic instability.
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 approximately four times the annualized 2023 cash flow, suggesting a bargain price-to-EBITDA ratio (as management advocated).
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-cost structure. Fixing it takes some time.
Vital Energy (VTLE) came out with quarterly earnings of $1.46 per share, missing the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $4.35 per share a year ago.
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 Energy" or the "Company") today reported second-quarter 2024 financial and operating results. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com.
Transaction highly accretive to key metrics; adds 68 high-return gross locations Transaction highly accretive to key metrics; adds 68 high-return gross locations
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 of consolidation in the U.S. oil and gas industry.
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 results, with potential for further improvement over time. Acquisitions in Delaware Basin and Upton County appear to compete well with Howard County acreage for capital dollars.
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 Wednesday, August 7, 2024 and host a conference call and webcast on Thursday, August 8, 2024, at 7:30 a.m. CT.
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What type of business is Vital Energy?
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.
What sector is Vital Energy in?
Vital Energy is in the Energy sector
What industry is Vital Energy in?
Vital Energy is in the Oil & Gas Equipment & Services industry
What country is Vital Energy from?
Vital Energy is headquartered in United States
When did Vital Energy go public?
Vital Energy initial public offering (IPO) was on 15 December 2011
What is Vital Energy website?
https://vitalenergy.com
Is Vital Energy in the S&P 500?
No, Vital Energy is not included in the S&P 500 index
Is Vital Energy in the NASDAQ 100?
No, Vital Energy is not included in the NASDAQ 100 index
Is Vital Energy in the Dow Jones?
No, Vital Energy is not included in the Dow Jones index
When was Vital Energy the previous earnings report?
No data
When does Vital Energy earnings report?
The next expected earnings date for Vital Energy is 06 November 2024