Vital Energy(VTLE)

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Vital Energy(VTLE) - 2024 Q4 - Annual Results
2025-02-19 21:33
• Increased oil-weighted inventory to ~925 locations, ~400 of which breakeven below $50 per barrel WTI • Issued an aggregate $1 billion of senior unsecured notes due 2032 at 7.875% and utilized the proceeds to repurchase higher coupon notes, resulting in annualized interest expense savings of $11 million • Reported a net loss of $173.5 million, Adjusted Net Income of $270.0 million and cash flows from operating activities of $1.0 billion 1 • Generated Consolidated EBITDAX of $1.3 billion and Adjusted Free C ...
Vital Energy Reports Fourth-Quarter and Full-Year 2024 Financial and Operating Results
Newsfilter· 2025-02-19 21:30
Reports record total and oil production for 4Q-24 and FY-24 Updates development inventory to >11 years of oil-weighted locations TULSA, OK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today reported fourth-quarter and full-year 2024 financial and operating results and provided its 2025 outlook. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com. A conference call to discuss results is planned for 7:30 a ...
Insights Into Vital Energy (VTLE) Q4: Wall Street Projections for Key Metrics
ZACKS· 2025-02-17 15:21
Core Viewpoint - Analysts forecast that Vital Energy (VTLE) will report quarterly earnings of $2.16 per share, reflecting a year-over-year decline of 15.3%, while revenues are expected to reach $559.58 million, indicating a 25.9% increase compared to the previous year [1]. Earnings Estimates - Over the last 30 days, there has been a 9.5% upward revision in the consensus EPS estimate for the quarter, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Revenue Estimates - Analysts estimate 'Revenues - Natural gas' at $22.24 million, a year-over-year increase of 48.7% [5]. - The average prediction for 'Revenues - NGL' is $49.12 million, reflecting a 23.7% increase from the prior year [5]. - The consensus estimate for 'Revenues - Oil' stands at $473.95 million, suggesting a 22.3% year-over-year increase [5]. Sales Volume Estimates - The estimated 'Sales volumes - Average daily oil equivalent sales volumes' is 142,915.80 BOE/D, up from 113,747 BOE/D a year ago [6]. - Analysts expect 'Sales volumes - Natural gas' to be 20,480.22 MMcf, compared to 16,644 MMcf in the same quarter last year [6]. - Projected 'Sales volumes - Oil equivalents' are 13,140.15 MBOE, an increase from 10,465 MBOE a year ago [7]. - The combined estimate for 'Sales volumes - NGL' is 3,382.27 MBBL, up from 2,808 MBBL in the same quarter last year [7]. Price Estimates - Analysts project 'Average sales prices per Bbl - Oil' to be $71.32, down from $79.37 a year ago [8]. - The estimated 'Sales volumes - Oil' is 6,344.62 MBBL, compared to 4,881 MBBL in the previous year [8]. - The forecast for 'Average sales prices per Bbl - NGL' is $16.05, an increase from $14.14 a year ago [8]. Stock Performance - Over the past month, shares of Vital Energy have returned -4.6%, contrasting with the Zacks S&P 500 composite's +4.7% change [8]. - Currently, VTLE holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [8].
Vital Energy: First Quarter Receives An Unexpected Boost
Seeking Alpha· 2025-02-10 21:11
I analyze oil and gas companies like Vital Energy and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies – the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first, and they get analysis on some companies that is not published on the free site. Interested? Sign up here ...
Vital Energy (VTLE) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2025-01-28 14:56
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...
Vital Energy: Strong Performance From The Point Assets
Seeking Alpha· 2025-01-22 13:52
We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Vital Energy (NYSE: VTLE ) has seen strong performance from the assets it acquired from Point Energy. Both base oil production and the early oil production from new wells have exceeded Vital's expectations. This has ...
Vital Energy Provides Details for its Fourth-Quarter 2024 Earnings Release and Conference Call
Newsfilter· 2025-01-15 21:30
Company Announcement - Vital Energy Inc will report its Q4 and full-year 2024 financial and operating results after market close on February 19 2025 [1] - A conference call to discuss the results is scheduled for 7:30 am CT on February 20 2025 with a webcast available on the company's website [1] Company Overview - Vital Energy Inc is an independent energy company headquartered in Tulsa Oklahoma [2] - The company's business strategy focuses on the acquisition exploration and development of oil and natural gas properties in the Permian Basin of West Texas [2]
Is Vista Energy A Growth Stock At A Value Price? Production Poised To Double By 2030
Seeking Alpha· 2024-12-23 05:20
Vista Energy (NYSE: VIST ) ( OTCPK:VSOGF ) is currently investing in an aggressive growth strategy that requires high levels of investment. With lower investments, the company would already have a positive cash flow with good margins, but the planMy focus is on a total return style with long and short positions (10-30% short positions). My main expertise is the current technological and geopolitical shift with the amazing investment opportunities they offer. Therefore, I always try to find stocks or whole s ...
Vital Energy: Here Comes 2025 While Updating 2024
Seeking Alpha· 2024-12-20 22:31
I analyze oil and gas companies like Vital Energy and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up here ...
Vital Energy(VTLE) - 2024 Q3 - Earnings Call Transcript
2024-11-07 19:33
Financial Data and Key Metrics Changes - Vital Energy reported a production record of approximately 59,200 barrels of oil per day, exceeding guidance of 55 to 58,000 barrels per day [10][16] - Operating expenses improved to $878 per BOE, below the guidance of $895 per BOE, marking a 9% improvement from the previous quarter [12][16] - Capital expenditures for the quarter totaled $242 million, slightly above the guidance range of $215 million to $240 million [15][16] Business Line Data and Key Metrics Changes - The Point acquisition has significantly enhanced production capabilities, with early results exceeding expectations [8][17] - The company has added over 300 locations to its inventory, representing nearly three and a half years of drilling opportunities [18] - The Delaware Basin is expected to receive 75% of the 2025 capital allocation, with half directed towards the Point asset [31] Market Data and Key Metrics Changes - The company anticipates generating over $400 million of adjusted free cash flow over the next five quarters, supporting debt reduction efforts [22] - The company is currently 75% hedged for 2025, with plans to add more hedges as market conditions allow [44] Company Strategy and Development Direction - The company plans to focus on operational excellence and cost reduction, with nearly all free cash flow allocated for debt reduction [22][51] - Future capital efficiency improvements are expected to maintain flat production levels while reducing capital costs [23][24] - The company is shifting its focus from M&A to enhancing operational capabilities and efficiency [21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the production outlook for the fourth quarter, raising guidance based on strong performance [16][24] - The company is confident in its ability to maintain production levels with improving capital efficiency over the next five years [23] - Management highlighted the importance of integrating the Point asset and leveraging operational efficiencies to drive down costs [32] Other Important Information - The company has completed six acquisitions since April 2023, fundamentally changing its footprint in the Permian Basin [17] - The company is implementing various initiatives to optimize resource use and improve efficiency, including changes to chemical processing and staffing adjustments [14][15] Q&A Session Summary Question: Cost reductions and lateral length efficiency - Management highlighted significant progress in cost reductions in the Delaware Basin, with a target of $925 per foot for drilling costs, driven by operational efficiencies and extended laterals [26][28] Question: Operations in Delaware vs. Midland - Approximately 75% of the 2025 capital will be allocated to the Delaware Basin, with a focus on the Point asset and other Delaware projects [31] Question: Barnett wells cost and competition - Management noted that it is early to assess the costs of Barnett wells, emphasizing the need for further testing and optimization [35][39] Question: Development of Cave Bear pad - The Cave Bear pad was developed with tighter spacing than long-term plans, and management expects to adjust spacing in future developments [40][41] Question: Hedging strategy - The company maintains a consistent hedging strategy, currently 75% hedged for 2025, and plans to add more hedges as market conditions permit [43][44] Question: Lowering DNC costs - Management is focused on driving down service costs and implementing best practices to achieve further cost reductions [46][48]