Brokers Set Expectations for Vital Energy Q4 Earnings

Vital Energy, Inc. (NYSE:VTLE) – Equities researchers at Capital One Financial upped their Q4 2024 EPS estimates for shares of Vital Energy in a note issued to investors on Thursday, January 16th. Capital One Financial analyst B. Velie now expects that the company will post earnings per share of $2.52 for the quarter, up from their prior forecast of $1.96. 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 Q1 2025 earnings at $2.32 EPS, Q2 2025 earnings at $2.24 EPS and FY2026 earnings at $7.78 EPS.

A number of other research analysts have also issued reports on VTLE. JPMorgan Chase & Co. increased their target price on Vital Energy from $29.00 to $30.00 and gave the company an “underweight” rating in a research report on Thursday, December 5th. Truist Financial raised their price objective on Vital Energy from $48.00 to $49.00 and gave the company a “buy” rating in a report on Monday, January 13th. Mizuho raised their price objective on Vital Energy from $37.00 to $38.00 and gave the company a “neutral” rating in a report on Tuesday, January 14th. BMO Capital Markets decreased their price objective on Vital Energy from $48.00 to $40.00 and set a “market perform” rating on the stock in a report on Friday, October 4th. Finally, Wolfe Research upgraded Vital Energy from an “underperform” rating to a “peer perform” rating in a report on Friday, January 3rd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Vital Energy currently has an average rating of “Hold” and a consensus price target of $46.36.

Vital Energy Trading Down 1.5 %

Shares of NYSE:VTLE opened at $35.98 on Monday. Vital Energy has a 1 year low of $25.85 and a 1 year high of $58.30. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 2.52 and a beta of 3.16. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.67 and a quick ratio of 0.67. The business’s 50 day moving average price is $31.72 and its 200-day moving average price is $33.23.

Vital Energy (NYSE:VTLE) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.15. The business had revenue of $459.23 million for the quarter, compared to analysts’ expectations of $461.58 million. Vital Energy had a net margin of 25.09% and a return on equity of 9.05%. The business’s revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the company earned $5.16 EPS.

Institutional Investors Weigh In On Vital Energy

Several large investors have recently modified their holdings of the company. Versor Investments LP raised its position in Vital Energy by 2.8% in the third quarter. Versor Investments LP now owns 14,900 shares of the company’s stock worth $401,000 after acquiring an additional 400 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in shares of Vital Energy by 2.7% during the third quarter. State of Alaska Department of Revenue now owns 15,392 shares of the company’s stock valued at $414,000 after acquiring an additional 409 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Vital Energy by 3.6% during the third quarter. The Manufacturers Life Insurance Company now owns 14,490 shares of the company’s stock valued at $390,000 after acquiring an additional 503 shares during the last quarter. Cetera Investment Advisers boosted its stake in Vital Energy by 1.7% in the 2nd quarter. Cetera Investment Advisers now owns 32,288 shares of the company’s stock worth $1,447,000 after buying an additional 527 shares during the last quarter. Finally, ClearAlpha Technologies LP boosted its stake in Vital Energy by 5.1% in the 3rd quarter. ClearAlpha Technologies LP now owns 13,250 shares of the company’s stock worth $356,000 after buying an additional 644 shares during the last quarter. 86.54% of the stock is owned by institutional investors and hedge funds.

Vital Energy Company Profile

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.