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VTLE

Vital Energy, Inc.

VTLE

Vital Energy, Inc. • NYSE
$17.93 ▲ 2.46% (+0.43)
Market Cap $693.71 M
52w High $36.72
52w Low $12.30
Dividend Yield 0%
P/E -0.51
Volume 151.56K
Outstanding Shares 38.69M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $420.826M ▼ $763.357M ▲ $-353.522M ▲ -84.007% ▲ $-9.35 ▲ $-124.787M ▼
Q2-2025 $429.627M ▼ $467.121M ▲ $-582.572M ▼ -135.599% ▼ $-15.43 ▼ $-107.124M ▼
Q1-2025 $512.18M ▼ $192.844M ▼ $-18.837M ▲ -3.678% ▲ $-0.5 ▲ $220.394M ▲
Q4-2024 $534.37M ▲ $522.036M ▲ $-359.392M ▼ -67.255% ▼ $-9.59 ▼ $-202.214M ▼
Q3-2024 $459.234M $35.365M $215.3M 46.882% $5.75 $502.806M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $14.697M ▼ $4.717B ▼ $2.961B ▼ $1.756B ▼
Q2-2025 $30.194M ▲ $5.1B ▼ $2.995B ▼ $2.106B ▼
Q1-2025 $28.649M ▼ $5.711B ▼ $3.029B ▼ $2.683B ▼
Q4-2024 $40.179M ▲ $5.879B ▼ $3.178B ▼ $2.701B ▼
Q3-2024 $22.192M $6.251B $3.195B $3.056B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-353.522M ▲ $286.552M ▲ $-260.46M ▼ $-41.589M ▼ $-15.497M ▼ $286.552M ▲
Q2-2025 $-582.572M ▼ $252.341M ▼ $-259.301M ▼ $8.505M ▲ $1.545M ▲ $252.341M ▲
Q1-2025 $-18.837M ▲ $350.985M ▲ $-212.122M ▲ $-150.393M ▼ $-11.53M ▼ $117.912M ▲
Q4-2024 $-359.392M ▼ $257.174M ▲ $-257.422M ▲ $18.235M ▼ $17.987M ▲ $-381K ▲
Q3-2024 $215.3M $246.165M $-1.048B $767.297M $-34.372M $-803.406M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Natural Gas Sales
Natural Gas Sales
 $-10.00M ▲$10.00M ▲$30.00M ▲$10.00M ▼
NGL Sales
NGL Sales
 $40.00M ▲$100.00M ▲$60.00M ▼$50.00M ▼
Oil Sales
Oil Sales
 $420.00M ▲$900.00M ▲$420.00M ▼$370.00M ▼
Other Operating Revenue
Other Operating Revenue
 $0 ▲$0 ▲$0 ▲$0 ▲
Oil and Gas Purchased
Oil and Gas Purchased
 $10.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown meaningfully over the past several years, showing that Vital Energy has been able to scale its business and benefit from a stronger operating environment and acquisitions. However, the most recent year stands out as a step back in profitability: despite higher sales, profit margins shrank, operating income slipped into a small loss, and net income turned negative again. This pattern suggests that costs, one‑time charges, or integration-related items weighed on results, even though the underlying operations (as reflected in EBITDA) still look solid. Overall, the income statement tells a story of strong growth, but also of volatility and sensitivity to costs, deal activity, and commodity prices.

Balance Sheet

Balance Sheet The balance sheet has expanded significantly, mainly driven by acquisitions and investment in assets. Equity has moved from being very thin and even negative in the past to a clearly positive base today, which signals a stronger capital position than a few years ago. At the same time, debt has risen meaningfully, and cash on hand remains quite low. This combination points to a business that is more leveraged and reliant on ongoing cash generation and credit access, rather than large cash reserves. The balance sheet now carries more scale and more financial flexibility, but also more financial risk if conditions turn unfavorable.

Cash Flow

Cash Flow Operating cash flow has been consistently positive and generally rising, showing that the core business generates real cash and is not just accounting earnings. This is a key strength, especially in a cyclical industry. Free cash flow, however, has often been negative because the company is spending heavily on capital projects and growth investments. In practical terms, Vital Energy is plowing most of its cash back into drilling, development, and acquired assets. This can support future production and earnings, but it also means less surplus cash in the near term and a greater need to fund spending with debt or other capital sources.

Competitive Edge

Competitive Edge Vital Energy is positioning itself as a cost-focused, technology-driven operator in the Permian Basin, which is one of the most attractive oil and gas regions in North America. Its strategy is to buy assets that others find more expensive to run, then improve them through better technology and operational discipline. That approach, if executed well, can create a cost advantage and allow the company to earn decent returns even when commodity prices are less favorable. However, the company still operates in a highly competitive, commodity-based industry, facing pressure from both large integrated majors and other nimble independents. Its growing scale helps, but it is not yet in the size class where scale alone guarantees an advantage. Its competitive edge relies heavily on its ability to integrate acquisitions smoothly, maintain lower costs than peers, and keep its technology lead from eroding over time.

Innovation and R&D

Innovation and R&D Innovation is a clear focus area. Vital Energy has moved its IT backbone fully to the cloud and is using data analytics, automation, and AI throughout its operations. Examples include more sophisticated well designs, automated field processes, and advanced monitoring tools to reduce downtime and emissions. These efforts aim to make each barrel cheaper to produce, safer, and more environmentally responsible. The creation of a dedicated technology arm, Vital Energy Technologies, underscores a commitment to ongoing R&D rather than one-off projects. The payoff from these initiatives shows up gradually through lower operating costs, better well performance, and fewer operational surprises. The main risks are execution and imitation: the company must keep innovating faster than competitors, and ensure that the cost and complexity of these systems are justified by sustained performance gains.

Summary

Vital Energy has transformed itself over the past few years from a smaller, more financially stressed operator into a larger, more sophisticated company with a clearer strategic identity. Revenues and operating cash flows have improved, and the asset base and equity have grown significantly, largely through acquisitions and heavy reinvestment. The trade‑off is greater volatility in earnings, higher debt levels, and frequent periods of negative free cash flow as the company spends aggressively to grow. Its edge lies in technology, operational efficiency, and a disciplined approach to buying and improving assets in the Permian Basin. Going forward, the key questions are whether it can consistently translate this strategy into stable, high-quality profits and free cash flow, while managing its leverage and integration risks in a cyclical, competitive industry.

NEWS

November 3, 2025 · 4:25 PM UTC

Vital Energy Reports Third-Quarter 2025 Financial and Operating Results

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November 3, 2025 · 11:22 AM UTC

Shareholder Alert: The Ademi Firm continues to investigate whether Vital Energy Inc. is obtaining a Fair Price for its Public Shareholders

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September 19, 2025 · 11:58 AM UTC

Vital Energy Announces AU$20 Million Loan

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