Vital Energy FY2024 EPS Increased by Capital One Financial

Vital Energy, Inc. (NYSE:VTLEFree Report) – Investment analysts at Capital One Financial lifted their FY2024 earnings per share (EPS) estimates for shares of Vital Energy in a research report issued to clients and investors on Thursday, January 16th. Capital One Financial analyst B. Velie now expects that the company will post earnings per share of $7.43 for the year, up from their previous estimate of $6.88. The consensus estimate for Vital Energy’s current full-year earnings is $6.91 per share. Capital One Financial also issued estimates for Vital Energy’s Q3 2025 earnings at $2.29 EPS, Q4 2025 earnings at $2.41 EPS and FY2025 earnings at $9.27 EPS.

Vital Energy (NYSE:VTLEGet Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.15. The company had revenue of $459.23 million during the quarter, compared to analysts’ expectations of $461.58 million. Vital Energy had a return on equity of 9.05% and a net margin of 25.09%. Vital Energy’s revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the company earned $5.16 EPS.

A number of other brokerages also recently issued reports on VTLE. Wells Fargo & Company raised their price objective on Vital Energy from $34.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Truist Financial lifted their target price on Vital Energy from $48.00 to $49.00 and gave the stock a “buy” rating in a report on Monday, January 13th. BMO Capital Markets lowered their price objective on shares of Vital Energy from $48.00 to $40.00 and set a “market perform” rating for the company in a research note on Friday, October 4th. JPMorgan Chase & Co. boosted their target price on shares of Vital Energy from $29.00 to $30.00 and gave the company an “underweight” rating in a research report on Thursday, December 5th. Finally, Mizuho lifted their price target on shares of Vital Energy from $37.00 to $38.00 and gave the company a “neutral” rating in a research note on Tuesday. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $46.36.

Get Our Latest Stock Analysis on VTLE

Vital Energy Stock Down 1.5 %

NYSE:VTLE opened at $35.98 on Friday. The company has a market cap of $1.37 billion, a PE ratio of 2.52 and a beta of 3.16. Vital Energy has a one year low of $25.85 and a one year high of $58.30. The firm’s 50 day simple moving average is $31.62 and its 200 day simple moving average is $33.47. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.67 and a quick ratio of 0.67.

Institutional Investors Weigh In On Vital Energy

Several institutional investors have recently bought and sold shares of the stock. First Horizon Advisors Inc. purchased a new position in Vital Energy during the 3rd quarter worth $26,000. Nisa Investment Advisors LLC boosted its holdings in Vital Energy by 276.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,093 shares of the company’s stock worth $34,000 after purchasing an additional 803 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in Vital Energy by 247.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,553 shares of the company’s stock worth $48,000 after purchasing an additional 1,106 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of Vital Energy by 2,590.7% in the third quarter. International Assets Investment Management LLC now owns 2,018 shares of the company’s stock valued at $54,000 after acquiring an additional 1,943 shares in the last quarter. Finally, Signaturefd LLC increased its position in shares of Vital Energy by 234.2% during the third quarter. Signaturefd LLC now owns 2,326 shares of the company’s stock valued at $63,000 after acquiring an additional 1,630 shares during the last quarter. Institutional investors own 86.54% of the company’s stock.

Vital Energy Company Profile

(Get Free Report)

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.

Recommended Stories

Earnings History and Estimates for Vital Energy (NYSE:VTLE)

Receive News & Ratings for Vital Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vital Energy and related companies with MarketBeat.com's FREE daily email newsletter.