Replies to post #167 on Vital Energy Inc (VTLE)

[littlejohn]

Less than stellar 4th quarter earnings have

been known for many months...

Those nasty, low ball, Oil hedges

fell off at end of 2022...

VTLE is very mispriced to downside...

Calender offers odd setup ahead

which could add to a prospect for

pre-earnings rebound...

Monday is a market holiday and

Tuesday is earnings day...

Guidance on Tuesday could bury shorts

that hold thru Friday close...

Highly speculative, of course...

So we watch...LJ

[littlejohn]

VTLE is priced like on a struggling, emerging

market listing where valuation

doesn't help share price...

Very un-American look to it now

in the share price...

So we watch...LJ

[littlejohn]

VTLE share price is about equal to operating

cash flow per share if you use

the 4th quarter, 2022 numbers

that were at lower sale prices...

https://investor.vitalenergy.com/static-files/29ef5b4a-0804-4fc4-b738-7373a687cf09

If VTLE didn't do any Capex then

that operating revenue would be

more like net profit...of course that

won't happen...

But there should be an extra frac crew

getting released now that isn't forcast

to be used for rest of 2023 that reduces

budgets in quarters not used...

Just me, but I'm believing that those

crews might get called back in by

August or September if oil price moves

up like possible...LNG prices are mostly

headed up as well...

Current share price is now about 12%

lower or about $6/share lower than

around $48/share that was used for

the 01/01/23 deal done due for final

closing in April,2023...

https://finance.yahoo.com/news/vital-energy-announces-midland-basin-220800231.html

Now that has been a surprise...

Share price has stayed at a deal

for longer than most short drops...

1st,quarter, 2023 results will be the

first year with mostly pure results,

without bad hits from hedges, since

I started watching the company, and

should be refreshing to see...

So we watch...LJ

[littlejohn]

Slick willy name change didn't get any

retail voting support...

https://www.otcmarkets.com/filing/html?id=16685001&guid=Mqu-kFsYtmI-B3h

Out of touch with shareholders

shows in share price too...

No idea what this means, if anything...

So we watch...LJ

[littlejohn]

VTLE is going west young man, to

pursue increasing production...

https://investor.vitalenergy.com/static-files/02ceb567-66db-49a0-952c-f53d4a93ccb7

Did you hear a creaking sound

this evening...

It may be the recliners of a completion

crew moving back to horizontal...

A better oil price could see them put

back to work again...

Peon guessing on that...

Can you imagine oil production approaching

50,000 bbls/day, without increased

share count, if the oil price starts

stumbling up in 3rd quarter?...

So we watch...LJ