Truist Financial analyst Neal Dingmann maintained a Buy rating on Vital Energy (VTLE – Research Report) today and set a price target of $75.00. The company’s shares closed yesterday at $51.39.
Dingmann covers the Energy sector, focusing on stocks such as APA, Civitas Resources, and Devon Energy. According to TipRanks, Dingmann has an average return of 14.8% and a 74.50% success rate on recommended stocks.
In addition to Truist Financial, Vital Energy also received a Buy from Siebert Williams Shank & Co’s Gabriele Sorbara in a report issued yesterday. However, on the same day, Piper Sandler maintained a Hold rating on Vital Energy (NYSE: VTLE).
Based on Vital Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.5 million and a GAAP net loss of $7.55 million. In comparison, last year the company earned a revenue of $3.97 million and had a GAAP net loss of $6.84 million
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Vital Energy (VTLE) Company Description:
Laredo Petroleum, 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.
