Vital Energy, Inc. (NYSE:VTLE – Get Free Report) EVP Mark David Denny sold 5,974 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $20.73, for a total transaction of $123,841.02. Following the transaction, the executive vice president now directly owns 42,494 shares of the company’s stock, valued at approximately $880,900.62. This trade represents a 12.33 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Vital Energy Stock Up 6.1 %
Shares of Vital Energy stock opened at $21.19 on Friday. Vital Energy, Inc. has a 52-week low of $19.85 and a 52-week high of $58.30. The company has a 50 day moving average of $30.70 and a 200 day moving average of $30.12. The company has a quick ratio of 0.67, a current ratio of 0.78 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $807.59 million, a P/E ratio of -4.46 and a beta of 3.07.
Vital Energy (NYSE:VTLE – Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $2.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.03 by $0.27. Vital Energy had a negative net margin of 8.89% and a positive return on equity of 9.48%. The company had revenue of $534.37 million during the quarter, compared to the consensus estimate of $550.90 million. As a group, research analysts forecast that Vital Energy, Inc. will post 8.49 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Get Our Latest Stock Report on Vital Energy
Institutional Trading of Vital Energy
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VTLE. US Bancorp DE raised its holdings in Vital Energy by 1,878.3% during the third quarter. US Bancorp DE now owns 6,390 shares of the company’s stock worth $172,000 after purchasing an additional 6,067 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Vital Energy by 0.9% during the third quarter. Principal Financial Group Inc. now owns 127,271 shares of the company’s stock worth $3,424,000 after purchasing an additional 1,089 shares in the last quarter. Versor Investments LP raised its holdings in Vital Energy by 2.8% during the third quarter. Versor Investments LP now owns 14,900 shares of the company’s stock worth $401,000 after purchasing an additional 400 shares in the last quarter. Entropy Technologies LP raised its holdings in Vital Energy by 34.7% during the third quarter. Entropy Technologies LP now owns 22,518 shares of the company’s stock worth $606,000 after purchasing an additional 5,801 shares in the last quarter. Finally, GSA Capital Partners LLP increased its holdings in shares of Vital Energy by 153.9% in the 3rd quarter. GSA Capital Partners LLP now owns 43,037 shares of the company’s stock valued at $1,158,000 after acquiring an additional 26,089 shares during the period. 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.
Featured Articles
- Five stocks we like better than Vital Energy
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- When to Sell a Stock for Profit or Loss
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Canadian Penny Stocks: Can They Make You Rich?
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for Vital Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vital Energy and related companies with MarketBeat.com's FREE daily email newsletter.