VTLE Stock Summary and Trading Ideas (Vital Energy Common Par Value $0.01 Per Share | NYSE:VTLE)

Vital Energy is an independent energy company. Its business is focused on the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas. The Company has identified one operating segment: exploration and production.

Vital Energy Common Par Value $0.01 Per Share trades on the NYSE stock market under the symbol VTLE.

As of December 12, 2024, VTLE stock price climbed to $31.83 with 466,533 million shares trading.

VTLE has a beta of 1.29, meaning it tends to be more sensitive to market movements. VTLE has a correlation of 0.10 to the broad based SPY ETF.

VTLE has a market cap of $1.22 billion. This is considered a Small Cap stock.

Last quarter Vital Energy Common Par Value $0.01 Per Share reported $459 million in Revenue and $1.61 earnings per share. This fell short of revenue expectation by $-606,000 and exceeded earnings estimates by $.16.

The top ETF exchange traded funds that VTLE belongs to (by Net Assets): IJR, VTI, IWM, XOP, AVUV.

VTLE has underperformed the market in the last year with a price return of -25.3% while the SPY ETF gained +32.3%. However, in the short term, VTLE had mixed performance relative to the market. It has outperformed in the last 3 months, returning +19.1% vs +9.3% return in SPY. But in the last 2 weeks, VTLE shares have been beat by the market, returning -1.3% compared to an SPY return of +0.9%.

VTLE support price is $30.49 and resistance is $32.37 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VTLE shares will trade within this expected range on the day.