Vital Energy sees FY23 production 34-37 MBO/d

The company said, "The 2023 outlook reflects the Company’s ongoing focus on capital discipline and maximizing Free Cash Flow. Vital Energy plans to invest $625 – $675 million in 2023, maintaining relatively flat year-over-year activity levels. The Company has estimated cost inflation of approximately 15% over 2022 averages… The Company’s activities are expected to result in full-year 2023 oil production of 34.0 – 37.0 MBO/d and total production of 72.0 – 76.0 MBOE/d. Production expectations exclude volumes associated with the Company’s recently announced acquisition of producing properties."