Replies to post #12412 on Viewer's Choice

[littlejohn]

VTLE plans to produce about 48,000 bbls oil/day

in 3rd quarter, 2023...

Link is from company website...

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

https://investor.vitalenergy.com/

***that is at midpoint of guidance...

That is about $325 million of revenue

per quarter at $75/bbl. oil,,,or about

$1.3 million of annual revenue at

$75/bbl oil price...

And that is only oil revenue...

Current market cap is only about

$800 million and includes share count

change for 2nd quarter acquisition...

https://finance.yahoo.com/quote/VTLE/key-statistics?p=VTLE

And to me it seems that $75/bbl for

oil in 3rd quarter is conservative...

Europe can't put off finishing loading

up on LNG for winter any longer either...

If VTLE price doesn't go up a lot,

then the rest of market will be much

worse off and causing it...

Got to pick a horse to ride or watch

from the corral rails...

So we watch...LJ

[littlejohn]

Please sell a call on VTLE in the morning

to bring us luck and keep

the up rally going...

TIA...

So we watch...LJ