Vital Energy (VTLE) – Research Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Vital Energy (NYSE: VTLE):

• 12/17/2024 – Vital Energy had its price target lowered by analysts at Piper Sandler from $35.00 to $27.00. They now have a “neutral” rating on the stock.
• 12/17/2024 – Vital Energy had its price target lowered by analysts at Wells Fargo & Company from $35.00 to $34.00. They now have an “equal weight” rating on the stock.
• 12/16/2024 – Vital Energy had its price target lowered by analysts at Mizuho from $39.00 to $37.00. They now have a “neutral” rating on the stock.
• 12/5/2024 – Vital Energy had its price target raised by analysts at JPMorgan Chase & Co. from $29.00 to $30.00. They now have an “underweight” rating on the stock.
• 11/19/2024 – Vital Energy had its price target raised by analysts at Wells Fargo & Company from $29.00 to $35.00. They now have an “equal weight” rating on the stock.
• 11/18/2024 – Vital Energy had its price target lowered by analysts at Piper Sandler from $37.00 to $35.00. They now have a “neutral” rating on the stock.

Vital Energy Stock Performance

Shares of NYSE VTLE traded up $0.02 during midday trading on Monday, hitting $28.41. The company’s stock had a trading volume of 601,742 shares, compared to its average volume of 903,793. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 1.99 and a beta of 3.19. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.80. The stock has a fifty day moving average price of $29.73 and a 200 day moving average price of $34.81. Vital Energy, Inc. has a one year low of $25.85 and a one year high of $58.30.

Vital Energy (NYSE:VTLE) last issued its earnings results on Wednesday, November 6th. The company reported $1.61 EPS for the quarter, topping the consensus estimate of $1.46 by $0.15. The business had revenue of $459.23 million during the quarter, compared to the consensus estimate of $461.58 million. Vital Energy had a return on equity of 9.05% and a net margin of 25.09%. The firm’s revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the company earned $5.16 EPS. On average, research analysts forecast that Vital Energy, Inc. will post 6.93 EPS for the current fiscal year.

Insider Transactions at Vital Energy

In related news, CFO Bryan Lemmerman sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $28.54, for a total value of $285,400.00. Following the transaction, the chief financial officer now directly owns 77,516 shares in the company, valued at approximately $2,212,306.64. This represents a 11.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Kathryn Anne Hill sold 2,023 shares of Vital Energy stock in a transaction that occurred on Tuesday, October 8th. The shares were sold at an average price of $30.22, for a total transaction of $61,135.06. Following the sale, the chief operating officer now owns 29,091 shares of the company’s stock, valued at approximately $879,130.02. The trade was a 6.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 17,168 shares of company stock valued at $502,017. 1.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VTLE. Westwood Holdings Group Inc. purchased a new position in shares of Vital Energy in the 2nd quarter worth about $64,690,000. Victory Capital Management Inc. lifted its position in Vital Energy by 800.9% in the 2nd quarter. Victory Capital Management Inc. now owns 541,337 shares of the company’s stock worth $24,263,000 after buying an additional 481,248 shares during the last quarter. Tributary Capital Management LLC purchased a new stake in Vital Energy in the third quarter worth approximately $7,945,000. Dimensional Fund Advisors LP grew its position in Vital Energy by 19.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,723,075 shares of the company’s stock valued at $77,227,000 after acquiring an additional 282,574 shares during the last quarter. Finally, Thomist Capital Management LP purchased a new position in shares of Vital Energy during the second quarter worth approximately $10,443,000. Institutional investors own 86.54% of the company’s stock.

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.