Vital Energy Inc. today announced the signing of a definitive joint purchase and sale agreement to acquire the assets of Forge Energy II Delaware, LLC , an EnCap portfolio company, further expanding the Company's Permian Basin focus and establishing a core operating position in the Delaware Basin. The agreement was signed in partnership with a third party, with the companies jointly agreeing to acquire Forge's assets in [...]
Vital Energy Inc. today reported its first-quarter 2023 financial and operating results. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com. A conference call and webcast to discuss the results is planned for 7:30 a.m. CT, Wednesday, May 10, 2023. Participation details can be found within this release. Highlights Reported 1Q-23 oil and total production that exceeded the [...]
First-quarter 2023 production exceeds high-end of guidance Capital investments for first-quarter 2023 below guidance expectations Company provides first-quarter 2023 earnings and conference call details TULSA, OK, April 10, 2023 -- Vital Energy Inc. today provided an update on first-quarter 2023 expected average production and incurred capital investments. As a result of strong performance in the first quarter and closing [...]
Vital Energy announced its fourth-quarter 2022 financial and operating results and provided its 2023 outlook. Supplemental slides have been posted to the Company's website. A conference call and webcast to discuss the results is planned for 7:30 a.m. CT, Wednesday, February 22, 2023. Complete details can be found within this release. Reported 4Q-22 and Company-record FY-22 net income of $118.2 million and $631.5 million [...]
Vital Energy announced the signing of a definitive purchase and sale agreement to acquire the assets of Driftwood Energy Operating, inclusive of all leasehold interests and hedges, in exchange for 1,578,948 shares of Vital common stock and $127.6 million of cash. The transaction is expected to close early April 2023 with an effective date of January 1, 2023, subject to customary closing conditions. Accretive to Free Cash [...]
Vital Energy announced the completion of the Company’s rebranding and on Monday, January 9, 2023, will begin trading under the ticker "VTLE" on the NYSE. The Company’s new website. Additionally, Vital updated its outlook for fourth-quarter 2022 production and incurred capital expenditures. Oil production is expected to be approximately 35.5 thousand barrels of oil per day, exceeding guidance of 32.0 - 34.0 MBO/D. Total [...]
Laredo Petroleum published its 2022 ESG and Climate Risk Report, which provides a comprehensive update on key ESG initiatives across the Company, as well as newly defined emissions reduction and water recycling targets. The report and data tables are available on the "Sustainability" page of the Company's website at www.laredopetro.com. Consistent with its goal to ensure everyone has access to the reliable, affordable [...]
Laredo Petroleum announced its third-quarter 2022 financial and operating results. Supplemental slides have been posted to the Company's website and can be found at www.laredopetro.com. A conference call and webcast to discuss the results is planned for 7:30 a.m. CT, Friday, November 4, 2022. Complete details can be found within this release. Third-Quarter 2022 Highlights Reported net income of $337.5 million and cash [...]
Laredo Petroleum disclosed selected preliminary third-quarter 2022 financial and operating results. The Company plans to announce complete third-quarter 2022 financial and operating results after the market close on Thursday, November 3, 2022, with a conference call planned for the following day. Details can be found within this release. Third-Quarter 2022 Selected Preliminary Financial and Operating Results Production [...]
Laredo Petroleum Inc. will report third-quarter 2022 financial and operating results after the market close on Thursday, November 3, 2022, and will host a conference call and webcast on Friday, November 4, 2022, at 7:30 a.m. CT to discuss the results. To participate on the call, dial 800.715.9871, using conference code 1804797 or listen to the call via the Company's website at www.laredopetro.com, under the tab for [...]
Laredo Petroleum Inc. today announced its first-quarter 2022 financial and operating results. A conference call and webcast to discuss the results is planned for 7:30 a.m. CT, Thursday, May 5, 2022. Complete details can be found within this release. First-Quarter 2022 Highlights Reported a net loss of $86.8 million and cash flows from operating activities of $170.9 million, generating Adjusted EBITDA1 of $222.1 million [...]
Laredo Petroleum Inc. will report first-quarter 2022 financial and operating results after the market close on Wednesday, May 4, 2022, and will host a conference call on Thursday, May 5, 2022, at 7:30 a.m. CT to discuss the results. To participate on the call, dial 877.930.8286 , using conference code 1653949 or listen to the call via the Company's website at www.laredopetro.com, under the tab for "Investor Relations." A [...]
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