VTLE Earnings Prediction
The chart below shows how VTLE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VTLE sees a +1.45% change in stock price 10 days leading up to the earnings, and a -3.26% change 10 days following the report. On the earnings day itself, the stock moves by +0.07%. This data can give you a slight idea of what to expect for the next quarter's release.
VTLE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
459.23M
5.45%
-3.60%
Gross Margin
24.14%
-50.02%
-20.12%
Operating Margin
18.97%
-54.10%
-23.29%
Net Margin
46.88%
4085.71%
508.83%
EPS
5.73
2103.85%
490.72%
No Data Available
VTLE Earnings Analysis
Vital Energy, Inc. Corporation (VTLE.N) Earnings Conference Call
Positive
Production Record Achievement: 1. Record Production Levels: Vital Energy achieved a production record of approximately 59,200 barrels of oil per day, exceeding the guidance of 55 to 58,000 barrels per day, despite weather-related disruptions.
Cost Management Success: 2. Significant Cost Reductions: Operating expenses improved to $878 per BOE, which is 9% lower than the previous quarter's guidance of $895 per BOE, showcasing effective cost management initiatives.
Capital Efficiency Improvement: 3. Increased Capital Efficiency: Capital expenditures for the quarter were $242 million, within guidance, while the company anticipates generating over $400 million of adjusted free cash flow over the next five quarters, supporting debt reduction efforts.
Inventory and Production Expansion: 4. Expanded Inventory and Production Potential: The company added over 300 locations to its inventory, extending its runway of sub-$50 breakeven wells to over six years, significantly increasing operational flexibility.
Future Production Confidence: 5. Positive Outlook for Future Production: Vital Energy raised its fourth quarter production guidance by 1,500 barrels of oil per day, reflecting confidence in continued operational improvements and production capabilities.
Negative
Production Impact from Flooding: 1. Production Disruption: Weather-related flooding in Howard County caused approximately 650 barrels of oil per day to be shut in, impacting overall production performance.
Increased Capital Spending: 2. Higher Capital Expenditures: Total capital expenditures for the quarter reached $242 million, exceeding the guidance range of $215 million to $240 million, indicating potential overspending.
Increased Operating Expenses: 3. Operating Expenses Above Expectations: Despite a reported operating expense of $878 per BOE, the company anticipates an increase to $935 per BOE in Q4 due to asset integration, which is higher than previous expectations.
Production Guidance Revision: 4. Lowered Production Guidance for 2025: The company expects to maintain flat oil production with a capital range of around $900 million, which is below consensus expectations of approximately $925 million for 2025.
Debt Reduction Strategy: 5. Increased Debt Focus: The company plans to use nearly all of its free cash flow for debt reduction, indicating a reliance on debt management rather than growth initiatives.
VTLE FAQs
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VTLE Earning Call Sentiment
Vital Energy, Inc. (VTLE) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
VTLE.N
-6.93%Positive
The earnings call summary presents strong financial performance with improved oil production and reduced operating expenses. The Q&A section confirms operational efficiency improvements and strategic hedging. Despite some risks, such as weather disruptions and regulatory volatility, the company's focus on debt reduction and free cash flow generation is promising. Additionally, the market cap suggests moderate sensitivity to these positive developments. Overall, the sentiment leans positive, anticipating a stock price increase between 2% to 8% over the next two weeks.
