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 ...

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 ...

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 ...

Vital Energy, Inc. (NYSE:VTLE) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Ron Hagood – Vice President-Investor Relations Jason Pigott – President and Chief Executive Officer Katie Hill – Senior Vice President and Chief Operating Officer Bryan Lemmerman – Executive Vice President and Chief Financial Officer Kyle Coldiron – Vice President-Development and Production Conference Call Participants Neal Dingmann – Truist Securities Zach Parham – JPMorgan Derrick Whitfield – Stifel ...

1Q-24 Earnings Presentation General risks relating to Vital Energy include, but are not limited to, continuing and worsening inflationary pressures and associated changes in monetary policy that may cause costs to rise; changes in domestic and global production, supply and demand for commodities, including as a result of actions by the Organization of Petroleum Exporting Countries and other producing countries ("OPEC+") and the RussianUkrainian or Israel-Hamas military conflicts, the decline in prices of oi ...

Vital Energy (VTLE) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $4.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.30%. A quarter ago, it was expected that this oil and natural gas company would post earnings of $2.44 per share when it actually produced earnings of $2.55, delivering a surprise of 4.51%.Over the last four quarter ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35380 Vital Energy, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or Delaware 45-3007926 organization) (I.R.S. Employer Identification No.) ☒ QUARTERLY REPORT PURSUANT ...

EXHIBIT 99.1 Vital Energy Reports First-Quarter 2024 Financial and Operating Results Company sets quarterly total and oil production records with capital investments below expectations TULSA, OK - May 8, 2024 - 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, Thursd ...

TULSA, OK, March 14, 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 $800.0 million in aggregate principal amount, of 7.875% senior notes due 2032 at 100% of par (the "senior notes") in a private placement to eligible purchasers. The Offering is expected to close on March 28, 2024, subject to the satisfaction of customary closing c ...

TULSA, OK, March 14, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today announced that it has commenced cash tender offers (the "Tender Offers") to purchase for cash up to $550.0 million aggregate principal amount (the "Aggregate Maximum Tender Amount") of the outstanding notes listed in the table below, provided that the Company will not accept for purchase more than $475.0 million (the "2028 Cap") of its 10.125% senior notes due 2028 (the "2028 Notes") and $75. ...