Capital Advisors Inc. OK Invests $1.41 Million in Vital Energy, Inc. (NYSE:VTLE)

Capital Advisors Inc. OK purchased a new position in Vital Energy, Inc. (NYSE:VTLE - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 30,999 shares of the company's stock, valued at approximately $1,410,000. Capital Advisors Inc. OK owned 0.11% of Vital Energy at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BluePath Capital Management LLC purchased a new stake in shares of Vital Energy during the third quarter worth $31,000. ORG Partners LLC increased its holdings in shares of Vital Energy by 100.0% in the fourth quarter. ORG Partners LLC now owns 570 shares of the company's stock worth $26,000 after purchasing an additional 285 shares during the period. Ameritas Investment Partners Inc. bought a new position in shares of Vital Energy in the second quarter worth $58,000. PNC Financial Services Group Inc. bought a new position in Vital Energy in the second quarter valued at $67,000. Finally, Tower Research Capital LLC TRC bought a new position in Vital Energy in the second quarter valued at $71,000. Institutional investors own 86.54% of the company's stock.

Vital Energy Stock Down 1.1 %

Shares of VTLE traded down $0.65 on Friday, hitting $56.48. 849,903 shares of the stock traded hands, compared to its average volume of 835,293. The company has a market capitalization of $2.07 billion, a PE ratio of 1.72 and a beta of 3.24. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.62 and a current ratio of 0.62. The business has a 50 day simple moving average of $49.73 and a 200 day simple moving average of $47.85. Vital Energy, Inc. has a one year low of $40.00 and a one year high of $62.87.

Vital Energy (NYSE:VTLE - Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.11. Vital Energy had a net margin of 44.91% and a return on equity of 17.60%. The company had revenue of $444.52 million during the quarter, compared to the consensus estimate of $440.85 million. During the same quarter last year, the firm earned $3.49 earnings per share. The firm's quarterly revenue was up 22.1% compared to the same quarter last year. As a group, equities analysts forecast that Vital Energy, Inc. will post 9.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on VTLE. Truist Financial reduced their target price on Vital Energy from $86.00 to $77.00 and set a "buy" rating on the stock in a research note on Friday, April 5th. KeyCorp reduced their price objective on Vital Energy from $58.00 to $55.00 and set an "overweight" rating on the stock in a research note on Thursday, January 11th. Mizuho raised their price objective on Vital Energy from $50.00 to $54.00 and gave the company a "neutral" rating in a research note on Wednesday, March 20th. Piper Sandler raised their price objective on Vital Energy from $50.00 to $54.00 and gave the company a "neutral" rating in a research note on Thursday, March 7th. Finally, Raymond James raised their price objective on Vital Energy from $53.00 to $56.00 and gave the company an "outperform" rating in a research note on Wednesday, January 24th. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $57.50.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.