Vital Energy (VTLE) Expected to Announce Quarterly Earnings on Wednesday

Vital Energy (NYSE:VTLE) is anticipated to release its earnings data after the market closes on Wednesday, February 19th. Analysts expect Vital Energy to post earnings of $2.03 per share and revenue of $550.90 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Vital Energy Stock Performance

Shares of VTLE stock opened at $34.40 on Monday. The firm has a market capitalization of $1.31 billion, a PE ratio of 2.41 and a beta of 3.12. The firm has a fifty day simple moving average of $32.42 and a two-hundred day simple moving average of $31.68. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.80. Vital Energy has a 12 month low of $25.85 and a 12 month high of $58.30.

Analyst Ratings Changes

A number of brokerages have commented on VTLE. Piper Sandler boosted their price target on shares of Vital Energy from $27.00 to $32.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Truist Financial upped their target price on shares of Vital Energy from $48.00 to $49.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. Mizuho upped their target price on shares of Vital Energy from $37.00 to $38.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 14th. Wolfe Research upgraded shares of Vital Energy from an “underperform” rating to a “peer perform” rating in a research note on Friday, January 3rd. Finally, Wells Fargo & Company upped their target price on shares of Vital Energy from $34.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 15th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $45.90.

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.