Replies to post #14069 on Viewer's Choice

[littlejohn]

VTLE would have posted above 2.10share eps

on an adjusted basis and on the fully

diluted shares of around 36 million if

posted in 4th quarter, 2023...

Puts a buy back in target for me

in 32 to 34 range at 4 p/e forward...

I'm not paying extra for the dilution...

4th quarter oil production should have

been close to that after NOG acquisition

was done...

So Henry acquisition still looks like it

really more or less diluted common share

holders with high gas production percentage...

And losing is no fun to me...

Sometimes you just have to hit that

reset button...

ERX puts added today...lower gasoline

demand can't keep pushing up oil price...

It's not supposed to work that way...

So we watch...LJ

[littlejohn]

Houthi buds, Iran, and Russia making more

money off the pumped up price

of oil for February...

This has been one of the weaker demand

periods that most ever see...

They will be getting filthy rich to fund more

war killings with nothing but hype in the oil

price rewarding them now...

And even more in a few months when

demand does tend to increase...

This low demand down turn now hints

that even that upturn could be weaker...

So we watch...LJ

[littlejohn]

VTLE pr share count looks way low

versus what 10k filing may show...

About 35.4 million shares are shown

on page 19 of investor presentation

for year end 2023,

more like would be expected to see...

VTLE pr only used about 29.8 million

fully diluted share count for numbers...

https://investor.vitalenergy.com/static-files/0a7614e2-e566-4cc2-9767-b64240c9b3c2

https://finance.yahoo.com/news/vital-energy-reports-fourth-quarter-213000210.html

Thought that I remembered them closing

an add on tranche just before year end

2023...

Will wait on 10K filing to see if the pr on

2023 results needs to be corrected...

Or maybe no one will notice it...

1st quarter, 2024 is projected to have a

low till rate, and they projecting about

40% decline rate on oil well production

in 1st year,,,

so 2nd quarter, 2024 production could be

struggling like 4th quarter, 2023 production

was before acquisition production was

added to the 4th quarter results,,,

At the high dilution rate increase though...


So we watch...LJ