Vital Energy Inc reports results for the quarter ended in September 30 - Earnings Summary

• Vital Energy Inc VTLE.N reported quarterly adjusted earnings of $1.61​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $5.16. The mean expectation of thirteen analysts for the quarter was for earnings of $1.45 per share. Wall Street expected results to range from 36 cents to $1.94 per share.

• Revenue rose 5.4% to $459.23 million from a year ago; analysts expected $459.84 million.

• Vital Energy Inc's reported EPS for the quarter was $5.73​.

• The company reported quarterly net income of $215.3 million.

• Vital Energy Inc shares had risen by 0.8% this quarter and lost 40.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 36.4% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and 3 "sell" or "strong sell."

• The average consensus recommendation for the oil & gas exploration and production peer group is also "hold"

Wall Street's median 12-month price target for Vital Energy Inc is 36.00

This summary was machine generated from LSEG data November 7 at 04:53 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)