Vital Energy (NYSE:VTLE - Get Free Report) is projected to announce its earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $2.03 per share and revenue of $550.90 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.
Vital Energy Trading Up 1.7 %
Vital Energy stock traded up $0.59 during mid-day trading on Friday, hitting $34.40. The company's stock had a trading volume of 753,097 shares, compared to its average volume of 732,383. The firm has a market capitalization of $1.31 billion, a PE ratio of 2.41 and a beta of 3.12. Vital Energy has a 1 year low of $25.85 and a 1 year high of $58.30. 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's fifty day moving average is $32.42 and its two-hundred day moving average is $31.76.
Analysts Set New Price Targets
Several research analysts recently weighed in on VTLE shares. Truist Financial increased their price objective on Vital Energy from $48.00 to $49.00 and gave the stock a "buy" rating in a research report on Monday, January 13th. Mizuho increased their price objective on Vital Energy from $37.00 to $38.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 14th. JPMorgan Chase & Co. increased their price objective on Vital Energy from $29.00 to $30.00 and gave the stock an "underweight" rating in a research report on Thursday, December 5th. Wells Fargo & Company increased their price objective on Vital Energy from $34.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 15th. Finally, Piper Sandler upped their price target on Vital Energy from $27.00 to $32.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Vital Energy currently has an average rating of "Hold" and an average target price of $45.90.
Read Our Latest Stock Analysis on VTLE
About Vital Energy
(
Get Free Report)
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.
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