Streetbeat News

VTLE

Vital Energy, Inc.

Industry

Oil & Gas Exploration & Production

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.

Open

31.89

Mkt cap

1.2B

Volume

433K

High

32.00

P/E Ratio

2.09

52-wk high

58.30

Low

31.34

Div yield

N/A

52-wk low

25.85

Vista Energy is pursuing an aggressive growth strategy to double its production by 2030, focusing on its shale oil assets in Argentina's Vaca Muerta basin. Despite high capital expenditures, the company is valued attractively with strong EBITDA margins. However, risks include Argentina's political and economic stability.

Portfolio Pulse from

December 23, 2024 | 5:30 am

Vital Energy has provided updates for 2024 and projections for 2025, which could influence investor sentiment and stock performance.

Portfolio Pulse from

December 20, 2024 | 10:45 pm

Vital Energy, Inc. (VTLE) held its Q3 2024 earnings call on November 7, 2024. Key participants included Ron Hagood, Jason Pigott, and Katie Hill. Analysts from Truist Securities, JPMorgan Chase, and Bank of America participated.

Portfolio Pulse from

November 07, 2024 | 7:45 pm

Point Energy is outperforming expectations due to its superior profitability in the Delaware Basin, leading to prioritization in capital spending. Its higher oil production and cost reduction efforts make it a focus for further development.

Portfolio Pulse from

November 07, 2024 | 7:30 am

Vital Energy (VTLE) reported Q3 earnings of $1.61 per share, surpassing the Zacks Consensus Estimate of $1.46. However, this is a decrease from $5.16 per share a year ago.

Portfolio Pulse from

November 07, 2024 | 12:30 am

Vital Energy has reported its third-quarter 2024 financial and operating results, and has raised its forecasts for both fourth-quarter and full-year 2024 total and oil production.

Portfolio Pulse from

November 06, 2024 | 9:45 pm

Crude oil prices dropped over 6% following Israeli airstrikes in Iran, impacting U.S. energy stocks and sector ETFs. The United States Oil Fund (USO) saw a significant decline, and major energy ETFs like XLE, XOP, and OIH also experienced losses. Analysts predict oil prices will remain under pressure due to geopolitical tensions, China's declining demand, and potential OPEC+ production increases.

Portfolio Pulse from Piero Cingari

October 28, 2024 | 1:27 pm

Piper Sandler analyst Mark Lear maintains a Neutral rating on Vital Energy (NYSE:VTLE) and lowers the price target from $38 to $37.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:49 pm

Mizuho analyst William Janela maintains a Neutral rating on Vital Energy (NYSE:VTLE) and lowers the price target from $42 to $39.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 12:35 pm

BMO Capital has maintained its Market Perform rating on Vital Energy (NYSE:VTLE) but has lowered the price target from $48 to $40.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 5:41 pm

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