STOCK TITAN

Vital Energy, Inc. - $VTLE STOCK NEWS

Welcome to our dedicated page for Vital Energy news (Ticker: $VTLE), a resource for investors and traders seeking the latest updates and insights on Vital Energy stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vital Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vital Energy's position in the market.

Rhea-AI Summary

Vital Energy, Inc. (NYSE: VTLE) reported strong first-quarter 2024 financial and operating results, setting total and oil production records, exceeding cash flow expectations, and achieving a 20-well package completion ahead of schedule. While facing a net loss of $66.1 million, the company generated Adjusted Net Income of $68.1 million, with Consolidated EBITDAX of $301.3 million and Adjusted Free Cash Flow of $43.3 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Vital Energy, Inc. (NYSE: VTLE) will release its first-quarter 2024 financial results on May 8, 2024, followed by a conference call on May 9, 2024. Investors can dial 800.715.9871 or visit the company's website to participate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
-
Rhea-AI Summary
Vital Energy, Inc. (NYSE: VTLE) amends its cash tender offer for 9.750% senior notes due 2030, increasing the repurchase amount to $197,636,000 and extending the expiration date to April 16, 2024. The Tender Offer is fully subscribed, and the Company will accept all tendered notes before the Early Tender Date for settlement on April 3, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
none
Rhea-AI Summary
Vital Energy, Inc. (NYSE: VTLE) has announced the pricing of a $200.0 million private placement offering of 7.875% senior notes due 2032, upsized from the original amount. The senior notes are priced at 100.75% of par, with the Offering expected to close soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
none
-
Rhea-AI Summary
Vital Energy, Inc. (NYSE: VTLE) plans to offer $100.0 million in senior notes due 2032 to repay or repurchase existing debt. The notes will be guaranteed by Vital Midstream Services, , and future subsidiaries. The Offering aims to fund the cash tender offers for 10.125% senior notes due 2028 and 9.750% senior notes due 2030 or for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
none
-
Rhea-AI Summary
Vital Energy, Inc. announces the early results of its cash tender offers, revealing high participation rates from holders. The company has amended the offers to remove caps and increase the maximum tender amount, showing strong investor interest.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.51%
Tags
none
Rhea-AI Summary
Vital Energy, Inc. announces the pricing of an $800.0 million private placement offering of 7.875% senior notes due 2032. The Company plans to use the proceeds for debt repurchases and other corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
none
-
Rhea-AI Summary
Vital Energy, Inc. (NYSE: VTLE) has initiated cash tender offers to acquire up to $550.0 million of outstanding notes, with specific caps for different series. The company intends to fund this through a concurrent offering of $575.0 million senior notes due 2032. The Tender Offers expire on April 11, 2024, with various terms and conditions outlined.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
Tags
none
-
Rhea-AI Summary
Vital Energy, Inc. (NYSE: VTLE) plans to offer $575.0 million in senior notes due 2032 to fund the purchase of existing notes and repay borrowings. The notes are unregistered and will be offered to qualified institutional buyers and non-U.S. persons.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
Tags
none
Rhea-AI Summary
Granite Ridge Resources, Inc. (NYSE: GRNT) reported strong financial and operating results for Q4 2023 and full-year 2023, with notable highlights including an 18% production growth, net income of $17.5 million, and Adjusted Net Income of $26.4 million. The company deployed $78.4 million of capital, placed 80 wells online, and declared a dividend of $0.11 per share. They ended 2023 with $140.1 million of liquidity and completed the sale of certain Permian Basin assets to Vital Energy, Inc. Granite Ridge's President and CEO, Luke Brandenberg, expressed optimism for 2024, projecting a 7% production increase from 2023 levels. The company's proven reserves increased by 6% year-over-year, and they closed ten transactions in Q4 2023 to enhance their asset base.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.47%
Tags
Vital Energy, Inc.

NYSE:VTLE

VTLE Rankings

VTLE Stock Data

1.95B
23.71M
22.75%
66.75%
21.61%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
TULSA

About VTLE

laredo petroleum, inc. is an independent energy company with headquarters in tulsa, oklahoma. laredo’s business strategy is focused on the acquisition, exploration and development of oil and natural gas properties and the gathering of oil and liquids-rich natural gas from such properties, primarily in the permian basin of west texas.