Get a deeper insight into the potential performance of Vital Energy (VTLE) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Vital Energy (VTLE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Vital Energy is poised for a strong Q1 due to an expected severe cold snap. The company's strategic acquisitions in the Delaware Basin are set to enhance free cash flow. Despite some production risks from severe weather, the overall impact of the cold winter should aid debt repayment.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Vital Energy (VTLE) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Vital closed its acquisition of Point Energy's assets in late September, 11 days earlier than expected. This helped its Q3 2024 results, and the Point assets have also been outperforming expectations. As a result, Vital boosted its Q4 2024 guidance by 2%.
Wolfe Research analyst John Abbott upgraded Vital Energy to Peer Perform from Underperform. While still highly volatile, improving costs, lower debt, and less M&A improves Vital's outlook while acknowledging M&A as a potential upside risk, the analyst tells investors in a research note. The firm added that a challenge for investors is Vital's high beta to an oil price that has stabilized.
Vista Energy's aggressive growth strategy aims to double production by 2030, leveraging its high-return shale oil assets in Argentina's Vaca Muerta basin. Despite high Capex costs, Vista Energy's valuation appears relatively cheap, with strong EBITDA margins and improving financial metrics. The company's future outlook is positive, but risks include Argentina's political and economic stability.
Vital Energy: Here Comes 2025 While Updating 2024
Vital Energy, Inc. (NYSE:VTLE ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Ron Hagood - Vice President, Investor Relations Jason Pigott - President and Chief Executive Officer Katie Hill - Senior Vice President and Chief Operating Officer Conference Call Participants Neal Dingmann - Truist Securities Zach Parham - JPMorgan Chase & Co. Noah Hungness - Bank of America Operator Good day ladies and gentlemen and welcome to Vital Energy Inc. Third quarter 2024 earnings conference call. My name is Jericho and I will be your operator for today.At this time, all participants are in listen-only mode.
Point Energy is outperforming expectations. The Delaware Basin gets "first call" on capital spending because of the superior profitability of the acreage. Point Energy's higher oil production percentage and cost reduction progress make it a priority for more development drilling.
Vital Energy (VTLE) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $5.16 per share a year ago.
Vital Energy (VTLE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.