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Vital Energy Inc. (V:VUX)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: Suite 620, 634 - 6th Avenue SW
CALGARY AB T2P 0S4
Tel: N/A
Website: https://www.vitalenergyoil.com
IR: See website
Key People
Yingchuan Wu
President, Chief Executive Officer, Director
Robert Gillies
Chief Financial Officer
 
Business Overview
Vital Energy Inc. is an oil and gas exploration and development company, which is engaged in the acquisition of, exploration for and development of crude oil and natural gas in Western Canada. Its core property areas include the SE Saskatchewan property area, West Central Alberta property area, the original SW Saskatchewan property and East Central Alberta property areas. The SE Saskatchewan property area includes the two production properties - Lampman and Steelman, and four undeveloped and non-producing properties - Gainsborough, Dalesboro, Weyburn and Hume. The SW Saskatchewan property area includes two producing properties - Gull Lake and Pennant. The East Central Alberta property area includes two producing properties - Sullivan Lake and Baxter Lake. The West Central Alberta property area includes three undeveloped and non-producing properties - Pembina-1, Pembina-2 and Ante Creek. The Gull Lake property is covered with 3D seismic data and has over nine wells producing crude oil.
Financial Overview
For the three months ended 31 March 2022, Vital Energy Inc (Canada) revenues increased from C$1.4M to C$5.3M. Net income increased from C$137K to C$3.5M. Revenues reflect Oil and gas sales increase from C$1.7M to C$5.9M. Basic Earnings per Share excluding Extraordinary Items totaled to C$0.04.
Reporting Currency: Canadian Dollars
Enterprise value: $27.39M as of Mar 31, 2022
Annual revenue (TTM): $17.41M as of Mar 31, 2022
EBITDA (TTM): $13.33M as of Mar 31, 2022
Net annual income (TTM): $12.33M as of Mar 31, 2022
Free cash flow (TTM): $8.20M as of Mar 31, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 82,699,971 as of Dec 28, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization