Vital Energy, Inc. (NYSE:VTLE) Director Edmund P. Segner III Sells 1,155 Shares

Vital Energy, Inc. (NYSE:VTLE – Get Rating) Director Edmund P. Segner III sold 1,155 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $44.00, for a total transaction of $50,820.00. Following the sale, the director now owns 14,328 shares in the company, valued at $630,432. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Vital Energy Trading Up 6.0 %

NYSE:VTLE opened at $46.11 on Tuesday. Vital Energy, Inc. has a 1-year low of $39.74 and a 1-year high of $120.86. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.95. The firm has a fifty day moving average price of $45.70. The company has a market capitalization of $857.51 million, a PE ratio of 0.93 and a beta of 3.35.

Vital Energy (NYSE:VTLE – Get Rating) last released its quarterly earnings data on Tuesday, May 9th. The company reported $4.50 EPS for the quarter, missing analysts’ consensus estimates of $4.69 by ($0.19). Vital Energy had a return on equity of 34.78% and a net margin of 48.36%. The company had revenue of $332.51 million for the quarter, compared to the consensus estimate of $328.67 million. During the same period last year, the firm earned $5.17 earnings per share. The company’s revenue for the quarter was down 37.5% compared to the same quarter last year. On average, equities analysts predict that Vital Energy, Inc. will post 21.86 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on VTLE shares. Piper Sandler dropped their target price on shares of Vital Energy from $57.00 to $50.00 in a report on Thursday, May 18th. Raymond James raised their target price on shares of Vital Energy from $59.00 to $68.00 and gave the stock an “outperform” rating in a report on Friday, April 21st. Mizuho decreased their price target on shares of Vital Energy from $53.00 to $49.00 in a research note on Friday. Finally, Stifel Nicolaus raised their price target on shares of Vital Energy from $110.00 to $112.00 in a research note on Monday.

About Vital Energy

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Vital Energy, Inc engages in the exploration, development and acquisition of oil and natural gas properties. It operates in the Permian Basin in West Texas. The company was founded by Randy A. Foutch in October 2006 and is headquartered in Tulsa, OK.