Cost ManagementIssuance of new notes is expected to result in annualized interest expense savings of $11 million.
Operational PerformanceThe company has demonstrated consistent operational improvements on its base business over the past 12+ months.
ProductionWestern Glasscock 20-well package currently producing approximately 15% above peak expectations.
Bears Say
Asset QualityThe quality of VTLE's wells is projected to degrade materially over time.
Operational CostsHigher lease operating expense guidance reflects near-term chemical and water disposal costs on acquired Delaware assets.
ProductionOil and total production are expected to decline in the second half of the year after a flattish second quarter, with a modeled quarterly decline cadence of 3% and 2% for oil and total production, respectively.
What was Vital Energy’s price range in the past 12 months?
Vital Energy lowest stock price was €37.01 and its highest was €57.80 in the past 12 months.
What is Vital Energy’s market cap?
Currently, no data Available
When is Vital Energy’s upcoming earnings report date?
Vital Energy’s upcoming earnings report date is Aug 07, 2024 which is in 11 days.
How were Vital Energy’s earnings last quarter?
Vital Energy released its earnings results on May 08, 2024. The company reported €1.692 earnings per share for the quarter, missing the consensus estimate of €1.759 by -€0.067.
How many shares outstanding does Vital Energy have?
Vital Energy has 36,659,580 shares outstanding.
What happened to Vital Energy’s price movement after its last earnings report?
Vital Energy reported an EPS of €1.692 in its last earnings report, missing expectations of €1.759. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Vital Energy?
Among the largest hedge funds holding Vital Energy’s share is Discovery Capital Management, LLC. It holds Vital Energy’s shares valued at 16M.
Laredo Petroleum, Inc. engages in the exploration, development and acquisition of oil and natural gas properties. It operates in the Permian Basin in West Texas. The company was founded by Randy A. Foutch in October 2006 and is headquartered in Tulsa, OK.
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