Streetbeat News

VTLE

Vital Energy, Inc.

https://vitalenergy.com

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

30.14

Mkt cap

1.2B

Volume

745K

High

31.17

P/E Ratio

2.07

52-wk high

58.30

Low

29.63

Div yield

N/A

52-wk low

25.85

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

Wells Fargo analyst Hanwen Chang has maintained an Equal-Weight rating on Vital Energy (NYSE:VTLE) but has lowered the price target from $41 to $29.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 6:45 pm

Analysts have varied opinions on Vital Energy (NYSE:VTLE), with recent ratings showing a mix of bullish and indifferent sentiments. The average 12-month price target has decreased by 14.88% to $51.5. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Despite a notable revenue growth rate of 42.17%, Vital Energy faces challenges with profitability and returns.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 4:00 pm

Truist Securities has maintained its Buy rating on Vital Energy but lowered the price target from $66 to $48.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:17 pm

Mizuho analyst William Janela maintains a Neutral rating on Vital Energy (NYSE:VTLE) and lowers the price target from $55 to $42.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 1:58 pm

Vital Energy (NYSE:VTLE) has received mixed analyst ratings over the past three months, with a recent trend towards more bearish sentiments. Analysts have lowered their price targets, with the current average target at $53.67, down from $60.50. Despite a 42.17% revenue growth, the company faces challenges with low net margins, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 9:00 pm

JP Morgan analyst Zach Parham maintains an Underweight rating on Vital Energy (NYSE:VTLE) and lowers the price target from $45 to $31.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:44 pm

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