Vital Energy Inc (VTLE)

[littlejohn]

LPI $78, spent about $10/share on capital expenses

in 1st quarter, 2022 that netted

18 new wells drilled and yielding

production revenue,(TIL'd)...

had to look TIL'd up...

https://www.otcmarkets.com/filing/html?id=15787781&guid=AEqwkpYMRbL4h3h

Mr. Market dropped the price in

after hours after such a blatant

amount of spending on production...

It was like 36% more spent on

production pursuits than paid out

for hedge losses in 1st quarter...


Mr. Market didn't like it...

Trying to spend more than they

pay the hedge bankers...

Of all the nerve...

Will a hedge banker making big

money offer super low interest rate

loan to LPI to increase production?...

Of course not...world needs to suffer

with high fuel costs...

LPI has to slash that cap ex budget

to please Mr. Market...


So we watch...LJ