Vital Energy(VTLE)
Search documents
Vital Energy(VTLE) - 2024 Q2 - Quarterly Results
2024-08-07 20:37
EXHIBIT 99.1 Vital Energy Reports Second-Quarter 2024 Financial and Operating Results Raises full-year 2024 total and oil production forecast Increases estimated sub-$50 WTI breakeven locations by ~45% TULSA, OK - August 7, 2024 - 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 ...
Vital Energy Reports Second-Quarter 2024 Financial and Operating Results
GlobeNewswire News Room· 2024-08-07 20:30
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 ...
Vital Energy to Expand Delaware Basin Position Through Bolt-on Acquisition
GlobeNewswire News Room· 2024-07-28 22:00
Vital Energy plans to host a conference call and webcast at 8:00 a.m. CT on Monday, July 29, 2024. Supplemental slides have been posted to the Company's website. Adds high-return inventory and oil-weighted production: The transaction is expected to add 68 gross inventory locations (49 net) with an estimated average breakeven oil price of $47 per barrel NYMEX WTI. The assets include approximately 16,300 net acres and net production of approximately 30.0 thousand barrels of oil equivalent per day ("MBOE/d") ( ...
Vital Energy: Bringing Costs Down
Seeking Alpha· 2024-07-17 20:50
Western Glasscock This acreage was acquired because its cash flowed better than the legacy acreage in Eastern Glasscock. However, it also produced a fair amount of natural gas. Therefore, as natural gas prices declined, then a higher oil price was needed for the wells to breakeven. This was one acquisition that needed to wait for a natural gas pricing recovery. Unfortunately, the plans here did not "pan out" as planned. Now, however, technology advances may have brought this acreage back into consideration ...
Vital Energy Schedules Second-Quarter 2024 Earnings Release and Conference Call
Newsfilter· 2024-07-16 21:00
Investor Contact: Ron Hagood 918.858.5504 ir@vitalenergy.com Additional information about Vital Energy may be found on its website at www.vitalenergy.com. 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." Vital Energy, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma. Vital Energy's business strategy is focused on the acqui ...
Vital Energy Schedules Second-Quarter 2024 Earnings Release and Conference Call
GlobeNewswire News Room· 2024-07-16 21:00
About Vital Energy 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." Additional information about Vital Energy may be found on its website at www.vitalenergy.com. 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 mar ...
Vital Energy: Another Oil/Gas Name On The Sale Rack
Seeking Alpha· 2024-07-12 13:16
11 i l t in AlpamayoPhoto I have been buying oil & gas stocks for several weeks now. It appears Wall Street has largely forgotten about the sector, with valuations becoming quite low. There exists a disconnect between rising crude oil and natural gas prices starting in May, and falling equity quotes for those exploring and producing the stuff. In other words, operating profits could be destined to jump in future quarters, bringing far better "forward" valuations. The good news is valuations on "trailing" co ...
Vital Energy: Strong Production Performance, But Dealing With Elevated Operating Costs
Seeking Alpha· 2024-06-11 03:42
Q1 2024 Results Vital attributed this increase to its new Delaware Basin assets. It mentioned that it found inefficiencies in chemical usage and elevated water production that resulted in "higher operating costs in a limited area" of its acquired assets. Vital is temporarily shutting in some wells (with 400 barrels per day of oil production) as it attempts to implement more permanent solutions to reduce lease operating costs in 2H 2024. Overall, Vital reported $301 million in Q1 2024 EBITDAX along with $43 ...
Vital Energy Announces Conversion of 2.0% Cumulative Mandatorily Convertible Series A Preferred Stock
Newsfilter· 2024-05-28 20:30
Forward Looking Statements This press release and any oral statements made regarding the contents of this release contain forward-looking statements as defined under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, that address activities that Vital Energy assumes, plans, expects, believes, intends, projects, indicates, enables, transforms, estimates or anticipates (and other ...
Vital Energy Announces Conversion of 2.0% Cumulative Mandatorily Convertible Series A Preferred Stock
globenewswire.com· 2024-05-28 20:30
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 ...