Added to YB: 2024-02-15
Pitch date: 2024-02-14
VTLE [bullish]
Vital Energy, Inc.
-59.27%
current return
Author Info
No bio for this author
Company Info
Vital Energy, Inc., an independent energy company, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, United States.
Market Cap
$651.0M
Pitch Price
$44.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.95
P/E
-0.51
EV/Sales
1.57
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Vital Energy: Management Snuck In More Equity
$VTLE addressing debt concerns via acquisitions & equity, improving EPS. Debt ratio settling to 1.0, 93% production hedged. Acquisitions transitioned to +ve FCF, outweighing dilution. Mgmt sees debt repaid w/ FCF & credit upgrade. Skilled at integrating buys & strategic shift to DE Basin & Howard Co. Strong buy case.
Read full article (6 min)