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

20.00

Mkt cap

809M

Volume

1.4M

High

21.22

P/E Ratio

-4.48

52-wk high

58.30

Low

19.85

Div yield

N/A

52-wk low

19.85

Over the last quarter, 7 analysts have given their ratings on Vital Energy (NYSE:VTLE). The average price target is $85.0, which is higher than the current price of $55.58. The average has increased by 15.65% from the previous average price target of $73.50.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 3:00 pm

Stifel analyst Derrick Whitfield has reiterated a 'Buy' rating on Vital Energy (NYSE:VTLE) and maintained a price target of $122.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 2:19 pm

Several stocks recorded losses in Thursday's pre-market trading session. PureCycle Technologies (PCT) shares fell 14.6%, Ivanhoe Electric (IE) dipped 12.2% after pricing its public offering, IBEX Limited (IBEX) declined 11.1% following downbeat Q4 results and weak FY24 revenue outlook, Vital Energy (VTLE) fell 8.4% after announcing a public offering and plans for senior notes, Amprius Technologies (AMPX) declined 7%, Autoliv (ALV) fell 4.4%, and Virgin Galactic (SPCE) declined 2.6%.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 10:06 am

Vital Energy has announced a public offering of 2.5 million shares of its common stock. The company also plans to offer senior notes. Additionally, the underwriters are expected to be granted a 30-day option to purchase up to 375,000 additional shares.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 9:26 pm

Vital Energy has signed three definitive agreements with affiliates of Henry Energy LP, Henry Resources LLC, Tall City Property Holdings III LLC, and Maple Energy Holdings, LLC. The transactions, worth a total of $1.1653B, are expected to close in Q4 2023.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 9:24 pm

Stifel analyst Derrick Whitfield has maintained a 'Buy' rating on Vital Energy (NYSE:VTLE) and raised the price target from $119 to $122.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:16 pm

Mizuho analyst Nitin Kumar maintains an 'Underperform' rating on Vital Energy (NYSE:VTLE) and raises the price target from $54 to $63.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 11:21 am

Vital Energy (NYSE:VTLE) has received mixed ratings from 8 analysts over the last quarter, with 2 bullish, 1 somewhat bullish, 3 indifferent, and 2 somewhat bearish. The average price target is $68.0, indicating potential upside from the current price of $55.91. The average price target has increased by 1.12% over the past month.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 4:00 pm

Piper Sandler analyst Mark Lear maintains a Neutral rating on Vital Energy (NYSE:VTLE) and raises the price target from $39 to $61.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 2:38 pm

Vital Energy has increased its estimates for full-year 2023 oil and total production. The company has not provided specific figures but this update indicates a positive outlook for their production capabilities.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:24 pm

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