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LPI now trading as VTLE due to corporate name change -

TULSA, OK, Jan. 08, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital" or the "Company") today 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 is www.vitalenergy.com.

Additionally, Vital updated its outlook for fourth-quarter 2022 production and incurred capital expenditures.

Fourth-Quarter 2022 Production and Incurred Capital Expenditure Outlook

Oil production is expected to be approximately 35.5 thousand barrels of oil per day ("MBO/D"), exceeding guidance of 32.0 - 34.0 MBO/D
Total production is expected to be approximately 77.5 thousand barrels of oil equivalent per day ("MBOE/D"), higher than guidance of 72.5 - 75.5 MBOE/D
Incurred capital expenditures are expected to be within the Company’s guidance range of $135 - $145 million
Fourth-Quarter and Full-Year 2022 Earnings Release and Conference Call

Vital plans to report complete fourth-quarter and full-year 2022 financial and operating results after market close on Tuesday, February 21, 2023, and host a conference call and webcast on Wednesday, February 22, 2023 at 7:30 a.m. CT.