Date | Price Target | Rating | Analyst |
---|---|---|---|
8/16/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
7/18/2024 | $50.00 | Underperform | Wolfe Research |
6/14/2024 | Underperform | BofA Securities | |
1/3/2024 | Neutral | Mizuho | |
12/8/2023 | $48.00 | Underperform | BofA Securities |
12/6/2023 | $58.00 | Overweight | KeyBanc Capital Markets |
11/27/2023 | $70.00 | Buy | Truist |
11/20/2023 | $60.00 | Buy | Citigroup |
11/15/2023 | $50.00 | Equal Weight | Wells Fargo |
SC 13G/A - Vital Energy, Inc. (0001528129) (Subject)
SC 13G/A - Vital Energy, Inc. (0001528129) (Subject)
4 - Vital Energy, Inc. (0001528129) (Issuer)
Point Energy Partners II ("Point Energy") today announced the completion of its previously announced $1.1 billion all cash sale of its assets to Vital Energy, Inc. (NYSE:VTLE) ("Vital") and Northern Oil and Gas, Inc. (NYSE:NOG) ("NOG"). Point Energy is a portfolio company of Vortus Investments Advisors. Point Energy is proud to announce a significant milestone in its operational journey, having increased production from an initial 300 net barrels of oil equivalent per day (boepd) to over 40,000 net boepd over a span of six years. This impressive growth underscores Point Energy's commitment to innovation and excellence in the oil and gas sector. "This incredible achievement would not have
Raises full-year 2024 total and oil production forecast Increases estimated sub-$50 WTI breakeven locations by ~45% TULSA, OK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today reported second-quarter 2024 financial and operating results. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com. A conference call and webcast is planned for 7:30 a.m. CT, Thursday, August 8, 2024. Participation details can be found within this release. Second-Quarter 2024 Highlights Delivered Company-record quarterly total and oil production, producing 129.4 thousand barrels of oil equivalent per day ("MBO
TULSA, OK, July 28, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today announced the signing of a definitive joint purchase and sale agreement to acquire the assets of Point Energy Partners ("Point"), a Vortus Investments portfolio company. The transaction will significantly increase the Company's operational scale and footprint in the Delaware Basin and add high-value development inventory. The agreement was signed in partnership with Northern Oil and Gas, Inc. (NYSE:NOG) ("NOG"). Under the terms of the agreement, the two companies will acquire Point Energy's assets in an all-cash transaction for total consideration of $1.1 billion. Vital Ener
TULSA, OK, July 16, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") will report second-quarter 2024 financial and operating results after the market close on Wednesday, August 7, 2024 and host a conference call and webcast on Thursday, August 8, 2024, at 7:30 a.m. CT. To participate on the call, dial 800.715.9871, using conference code 8366349 or listen to the call via the Company's website at www.vitalenergy.com "Investor Relations | News & Presentations | Upcoming Events." About Vital Energy Vital Energy, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma. Vital Energy's business strategy is focused on the acquisition,
TULSA, OK, May 28, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today announced its intention to mandatorily convert all outstanding shares of its 2.0% Cumulative Mandatorily Convertible Series A Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock"), into shares of the Company's common stock, par value $0.01 per share, on June 4, 2024 pursuant to the terms of the Certificate of Designations of 2.0% Cumulative Mandatorily Convertible Series A Preferred Stock. Holders of Series A Preferred Stock do not need to take any action. As of May 28, 2024, the Company had 1,575,376 shares of Series A Preferred Stock outstanding. On Ju
TULSA, OK, May 08, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today reported first-quarter 2024 financial and operating results. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com. A conference call and webcast is planned for 7:30 a.m. CT, Thursday, May 9, 2024. Participation details can be found within this release. First-Quarter 2024 Highlights Execution of business plan and successful integration of acquired properties drove record production and higher-than-expected cash flowsReported 1Q-24 net loss of $66.1 million, Adjusted Net Income1 of $68.1 million and cash flows from operating act
TULSA, OK, April 15, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") will report first-quarter 2024 financial and operating results after the market close on Wednesday, May 8, 2024 and host a conference call and webcast on Thursday, May 9, 2024, at 7:30 a.m. CT. To participate on the call, dial 800.715.9871, using conference code 5520992 or listen to the call via the Company's website at www.vitalenergy.com "Investor Relations | News & Presentations | Upcoming Events." About Vital Energy Vital Energy, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma. Vital Energy's business strategy is focused on the acquisition, explor
TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE:VTLE) ("Vital Energy" or the "Company"), today announced that it has amended its previously announced cash tender offer (the "Tender Offer") for its 9.750% senior notes due 2030 (the "2030 Notes"). The Company is amending (i) the maximum amount of 2030 Notes it will repurchase in the Tender Offer from $100,000,000 aggregate principal amount to $197,636,000 aggregate principal amount and (ii) the expiration date of the Tender Offer to 5:00 p.m., New York City time, on April 16, 2024. Accordingly, subject to completion of its previously announced offering of additional 7.875% senior notes due 203
TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE:VTLE) ("Vital Energy" or the "Company"), today announced the pricing of its previously announced private placement offering (the "Offering"), upsized to $200.0 million in aggregate principal amount, of 7.875% senior notes due 2032 (the "senior notes") at 100.75% of par, plus accrued and unpaid interest from March 28, 2024, in a private placement to eligible purchasers. The Offering is expected to close on or about April 3, 2024, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from this offering, if completed, to repay or repurchase indebted
TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE:VTLE) ("Vital Energy" or the "Company"), today announced that it intends to offer (the "Offering"), subject to market and other conditions, $100.0 million in aggregate principal amount of 7.875% senior notes due 2032 (the "senior notes") in a private placement to eligible purchasers. The Company intends to use the net proceeds from this offering, if completed, to repay or repurchase indebtedness, including in connection with the funding of the purchase for cash our 10.125% senior notes due 2028 and certain of our 9.750% senior notes due 2030 in the cash tender offers (the "Tender Offers") the Com
Truist Securities analyst Neal Dingmann maintains Vital Energy (NYSE:VTLE) with a Buy and lowers the price target from $75 to $68.
Wells Fargo analyst Hanwen Chang maintains Vital Energy (NYSE:VTLE) with a Equal-Weight and lowers the price target from $54 to $50.
Analysts' ratings for Vital Energy (NYSE:VTLE) over the last quarter vary from bullish to bearish, as provided by 5 analysts. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 2 1 0 Last 30D 0 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 1 0 3M Ago 1 1 2 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $59.4, with a high estimate of $75.00 and a low estimate of $46.00. Witnessing a positive shift, the current average has risen by 0.25% fro
Wolfe Research analyst Doug Leggate reinstates Vital Energy (NYSE:VTLE) with a Underperform.
Vital Energy (NYSE:VTLE) has been analyzed by 11 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 6 2 0 Last 30D 0 0 0 1 0 1M Ago 0 0 0 0 0 2M Ago 1 1 5 0 0 3M Ago 1 0 1 1 0 Analysts have set 12-month price targets for Vital Energy, revealing an average target of $58.45, a high estimate of $77.00, and a low estimate of $46.00. Surpassing the previous average price target of $58.
B of A Securities analyst Noah Hungness reinstates Vital Energy (NYSE:VTLE) with a Underperform and announces $46 price target.
https://13f.info/13f/000090514824001390-scion-asset-management-llc-q1-2024
Wells Fargo analyst Hanwen Chang maintains Vital Energy (NYSE:VTLE) with a Equal-Weight and lowers the price target from $57 to $54.
In the preceding three months, 10 analysts have released ratings for Vital Energy (NYSE:VTLE), presenting a wide array of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 6 1 0 Last 30D 0 0 1 0 0 1M Ago 1 1 3 0 0 2M Ago 1 0 1 1 0 3M Ago 0 0 1 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $59.7, with a high estimate of $77.00 and a low estimate of $51.00. Marking an increase
Mizuho analyst William Janela maintains Vital Energy (NYSE:VTLE) with a Neutral and raises the price target from $55 to $59.
4 - Vital Energy, Inc. (0001528129) (Issuer)
4 - Vital Energy, Inc. (0001528129) (Issuer)
4 - Vital Energy, Inc. (0001528129) (Issuer)
4 - Vital Energy, Inc. (0001528129) (Issuer)
4 - Vital Energy, Inc. (0001528129) (Issuer)
4 - Vital Energy, Inc. (0001528129) (Issuer)
4 - Vital Energy, Inc. (0001528129) (Issuer)
4 - Vital Energy, Inc. (0001528129) (Issuer)
4 - Vital Energy, Inc. (0001528129) (Issuer)
4 - Vital Energy, Inc. (0001528129) (Issuer)
S-8 - Vital Energy, Inc. (0001528129) (Filer)
8-K - Vital Energy, Inc. (0001528129) (Filer)
8-K - Vital Energy, Inc. (0001528129) (Filer)
8-K - Vital Energy, Inc. (0001528129) (Filer)
10-Q - Vital Energy, Inc. (0001528129) (Filer)
8-K - Vital Energy, Inc. (0001528129) (Filer)
8-K - Vital Energy, Inc. (0001528129) (Filer)
8-K - Vital Energy, Inc. (0001528129) (Filer)
8-K - Vital Energy, Inc. (0001528129) (Filer)
8-K - Vital Energy, Inc. (0001528129) (Filer)
Raises full-year 2024 total and oil production forecast Increases estimated sub-$50 WTI breakeven locations by ~45% TULSA, OK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today reported second-quarter 2024 financial and operating results. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com. A conference call and webcast is planned for 7:30 a.m. CT, Thursday, August 8, 2024. Participation details can be found within this release. Second-Quarter 2024 Highlights Delivered Company-record quarterly total and oil production, producing 129.4 thousand barrels of oil equivalent per day ("MBO
TULSA, OK, July 28, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today announced the signing of a definitive joint purchase and sale agreement to acquire the assets of Point Energy Partners ("Point"), a Vortus Investments portfolio company. The transaction will significantly increase the Company's operational scale and footprint in the Delaware Basin and add high-value development inventory. The agreement was signed in partnership with Northern Oil and Gas, Inc. (NYSE:NOG) ("NOG"). Under the terms of the agreement, the two companies will acquire Point Energy's assets in an all-cash transaction for total consideration of $1.1 billion. Vital Ener
TULSA, OK, July 16, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") will report second-quarter 2024 financial and operating results after the market close on Wednesday, August 7, 2024 and host a conference call and webcast on Thursday, August 8, 2024, at 7:30 a.m. CT. To participate on the call, dial 800.715.9871, using conference code 8366349 or listen to the call via the Company's website at www.vitalenergy.com "Investor Relations | News & Presentations | Upcoming Events." About Vital Energy Vital Energy, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma. Vital Energy's business strategy is focused on the acquisition,
TULSA, OK, May 08, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today reported first-quarter 2024 financial and operating results. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com. A conference call and webcast is planned for 7:30 a.m. CT, Thursday, May 9, 2024. Participation details can be found within this release. First-Quarter 2024 Highlights Execution of business plan and successful integration of acquired properties drove record production and higher-than-expected cash flowsReported 1Q-24 net loss of $66.1 million, Adjusted Net Income1 of $68.1 million and cash flows from operating act
TULSA, OK, April 15, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") will report first-quarter 2024 financial and operating results after the market close on Wednesday, May 8, 2024 and host a conference call and webcast on Thursday, May 9, 2024, at 7:30 a.m. CT. To participate on the call, dial 800.715.9871, using conference code 5520992 or listen to the call via the Company's website at www.vitalenergy.com "Investor Relations | News & Presentations | Upcoming Events." About Vital Energy Vital Energy, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma. Vital Energy's business strategy is focused on the acquisition, explor
Granite Ridge Resources, Inc. (NYSE:GRNT) ("Granite Ridge" or the "Company") today reported financial and operating results for the fourth quarter and full-year 2023 and provided initial guidance for 2024. Fourth Quarter 2023 Highlights Grew production 18% to 26,034 barrels of oil equivalent ("Boe") per day (47% oil) versus the prior year quarter Reported net income of $17.5 million, or $0.13 per share and Adjusted Net Income (non-GAAP) of $26.4 million, or $0.20 per share Generated $81.8 million of Adjusted EBITDAX (non-GAAP) Deployed $78.4 million of capital Placed 80 gross (4.60 net) wells online Declared dividend of $0.11 per share of common stock of the Company C
Reports record total and oil production for 4Q-23 and FY-23 Plans to invest $750 - $850 million, increasing FY-24 oil production ~10% from 4Q-23 exit Updates development inventory to >10 years of oil-weighted locations TULSA, OK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today reported fourth-quarter and full-year 2023 financial and operating results and provided its 2024 outlook. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com. A conference call and webcast is planned for 7:30 a.m. CT, Thursday, February 22, 2024. Participation details can be found within this release. Fourth
Granite Ridge Resources, Inc. (NYSE:GRNT) ("Granite Ridge" or the "Company") today provided an operational update and released select preliminary fourth-quarter 2023 results. The Company also provided details for the Company's fourth-quarter and full-year 2023 earnings release and conference call below. Vital Asset Sale On December 21, 2023, Granite Ridge closed on the sale of certain of its Permian Basin assets to Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy") for consideration of 561,752 shares of Vital Energy's common stock and 541,155 shares of Vital Energy's 2.0% cumulative mandatorily convertible preferred securities. The assets sold consisted of approximately 1,658 net acres and
Total and oil production exceed outlook with capital investments in-line Company provides fourth-quarter and full-year 2023 earnings and conference call details TULSA, OK, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today provided select preliminary results for fourth-quarter 2023, including average daily total and oil production and incurred capital investments. Details for the Company's fourth-quarter and full-year 2023 earnings release and conference call are provided within this release. Fourth-Quarter 2023 Preliminary Production and Capital Expenditures Production. The Company's fourth-quarter 2023 total production ave
TULSA, OK, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today announced the acquisition of additional working interests in producing assets associated with the recent asset acquisition from Henry Energy LP, Moriah Henry Partners LLC and Henry Resources LLC (collectively "Henry") for total consideration of $55 million1. The purchase will increase Vital Energy's working interest in 45 wells by an average of 24%, increasing the Company's estimated 2024 production by approximately 1,400 BOE/d (57% oil). The transaction is expected to increase Vital Energy's 2024 Free Cash Flow2 by approximately $20 million3, furthering Vital Energy's delev
KeyBanc Capital Markets downgraded Vital Energy from Overweight to Sector Weight
Wolfe Research initiated coverage of Vital Energy with a rating of Underperform and set a new price target of $50.00
BofA Securities reiterated coverage of Vital Energy with a rating of Underperform
Mizuho resumed coverage of Vital Energy with a rating of Neutral
BofA Securities initiated coverage of Vital Energy with a rating of Underperform and set a new price target of $48.00
KeyBanc Capital Markets initiated coverage of Vital Energy with a rating of Overweight and set a new price target of $58.00
Truist initiated coverage of Vital Energy with a rating of Buy and set a new price target of $70.00
Citigroup initiated coverage of Vital Energy with a rating of Buy and set a new price target of $60.00
Wells Fargo initiated coverage of Vital Energy with a rating of Equal Weight and set a new price target of $50.00