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

Vital Energy has promoted Katie Hill to the position of Senior Vice President and Chief Operating Officer (COO), with the promotion effective from November 13, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:39 pm

Vital Energy Inc has filed for a stock shelf of up to 8.277 million shares of common stock, according to a SEC filing.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:08 pm

Vital Energy (NYSE:VTLE) reported Q3 earnings of $5.16 per share, missing the analyst consensus estimate of $5.24 by 1.53%. This is a 2.64% decrease from the same period last year. However, the company reported quarterly sales of $435.51 million, beating the analyst consensus estimate of $393.90 million by 10.56%, but still a 6.16% decrease from last year.

Portfolio Pulse from bharat@benzinga.com

November 02, 2023 | 8:44 pm

Vital Energy's Q3 total production averaged approximately 101.3 MBOE/d, surpassing the guidance of 94.0 - 98.0 MBOE/d. The company's total and oil production exceeded outlook with capital investments below the low end of guidance.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 8:24 pm

Energy stocks are trading lower due to a decrease in oil prices.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 7:39 pm

Shares of oil, gas and energy services stocks are trading lower due to a drop in oil prices. The stocks mentioned include APA, CHK, DVN, EC, ENB, EQT, FANG, MRO, OVV, OXY, PTEN, PXD, TPL, TRP, TS.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 4:32 pm

Several analyst forecasts were released on Tuesday, with price target changes for multiple companies. Notable changes include Raymond James increasing the price target for Vital Energy, Inc. (VTLE) from $54 to $67, B of A Securities slashing PTC Therapeutics, Inc. (PTCT) price target from $43 to $23, and Daiwa Capital boosting Dell Technologies Inc. (DELL) price target from $50 to $80.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 11:53 am

Raymond James analyst John Freeman maintains an Outperform rating on Vital Energy (NYSE:VTLE) and raises the price target from $54 to $67.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 11:17 am

Vital Energy has priced an upsized offering of 2.75 million common stock for total gross proceeds of approximately $148.5 million.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 5:53 am

Several stocks experienced significant price movements in Wednesday's mid-day session. First Wave BioPharma shares jumped 89.5% after announcing a license agreement for capeserod from Sanofi. PFSweb gained 48.3% following GXO Logistics' acquisition announcement. Taseko Mines, Avalo Therapeutics, NeuBase Therapeutics, MYT Netherlands Parent, Soluna Holdings, Nikola Corporation, Trinseo, Alaunos Therapeutics, Orchestra BioMed Holdings, Eiger BioPharmaceuticals, Uniti Group, Lixiang Education Holding, TransCode Therapeutics, and Novo Integrated Sciences also saw gains. On the other hand, Sezzle, Clearmind Medicine, BIOLASE, OKYO Pharma, IBEX, Bionomics, MicroCloud Hologram, Harpoon Therapeutics, ZyVersa Therapeutics, Super League Enterprise, Axcella Health, BIMI International Medical, Impel Pharmaceuticals, PureCycle Technologies, Ivanhoe Electric, SIMPPLE, Iovance Biotherapeutics, Radiant Logistics, CS Disco, Ambipar Emergency Response, Genius Sports, and Vital Energy saw declines.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 4:58 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.