Vital Energy Inc (VTLE): VTLE, about 14% increase in quarterly oi...

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littlejohn

Re: spec machine post# 177

Monday, 07/31/2023 2:27:46 AM

Monday, July 31, 2023 2:27:46 AM

VTLE, about 14% increase in quarterly oil production

in 2nd quarter, 2023 over the 1st

quarter, 2023 production guided...

It didn't look priced in at around

$70/bbl. oil price...now it's $80/bbl...

44,000 bbls/day over 38,500 bbls/day...

about 5,500 bbls/day increase quarterly...

https://finance.yahoo.com/news/vital-energy-provides-select-preliminary-205000697.html

Hard to see any credit yet for the

quarterly oil production growth...

Need to see that some before...

Latest acquisition boosts oil production

again in 3rd quarter handsomely,

which is forward looking thingy...

Share price seems to have room to

grow to catch up with production growth...

Folks looking back at financials for 2022

with Sky High receipt prices seem to be

missing the current growth story...

Handsome is nice looking growth...

Peon opinion, of course...

So we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!