Q4 2024 Earnings Forecast for Vital Energy, Inc. (NYSE:VTLE) Issued By Capital One Financial

Vital Energy, Inc. (NYSE:VTLE) – Capital One Financial upped their Q4 2024 earnings estimates for Vital Energy in a note issued to investors on Wednesday, July 3rd. Capital One Financial analyst B. Velie now forecasts that the company will earn $2.17 per share for the quarter, up from their prior estimate of $2.16. The consensus estimate for Vital Energy’s current full-year earnings is $7.97 per share. Capital One Financial also issued estimates for Vital Energy’s Q1 2025 earnings at $2.39 EPS, Q2 2025 earnings at $2.47 EPS, Q3 2025 earnings at $2.49 EPS and Q4 2025 earnings at $2.55 EPS.

Vital Energy (NYSE:VTLE) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.78 by $0.13. Vital Energy had a net margin of 30.34% and a return on equity of 14.22%. The firm had revenue of $482.34 million during the quarter, compared to analyst estimates of $454.97 million.

Several other research analysts have also commented on VTLE. KeyCorp lifted their price target on Vital Energy from $55.00 to $63.00 and gave the stock an “overweight” rating in a report on Monday, April 22nd. JPMorgan Chase & Co. lifted their target price on Vital Energy from $48.00 to $51.00 and gave the company an “underweight” rating in a research report on Thursday, April 11th. Piper Sandler dropped their target price on Vital Energy from $54.00 to $52.00 and set a “neutral” rating for the company in a research report on Friday, April 19th. Wells Fargo & Company lowered their price objective on Vital Energy from $57.00 to $54.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 14th. Finally, Stifel Nicolaus upped their price target on Vital Energy from $70.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $59.30.

Vital Energy Price Performance

Shares of NYSE VTLE opened at $43.66 on Monday. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of 1.81 and a beta of 3.22. Vital Energy has a 12 month low of $40.00 and a 12 month high of $62.87. The firm’s 50 day simple moving average is $46.71 and its 200-day simple moving average is $47.85. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.22 and a quick ratio of 1.22.

Institutional Trading of Vital Energy

Institutional investors and hedge funds have recently made changes to their positions in the stock. First Eagle Investment Management LLC acquired a new position in shares of Vital Energy in the 4th quarter worth approximately $7,306,000. Webs Creek Capital Management LP bought a new position in shares of Vital Energy in the 1st quarter worth $7,619,000. Vanguard Group Inc. lifted its holdings in Vital Energy by 9.5% during the third quarter. Vanguard Group Inc. now owns 1,319,403 shares of the company’s stock worth $73,121,000 after acquiring an additional 114,629 shares in the last quarter. Peregrine Capital Management LLC bought a new position in Vital Energy during the first quarter worth about $5,666,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Vital Energy by 9.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 801,129 shares of the company’s stock worth $36,445,000 after acquiring an additional 71,166 shares in the last quarter. Institutional investors and hedge funds own 86.54% of the company’s stock.

About Vital Energy

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.