For the quarter ended March 2023, Vital Energy (VTLE - Free Report) reported revenue of $332.51 million, down 37.6% over the same period last year. EPS came in at $4.50, compared to $5.17 in the year-ago quarter.
The reported revenue represents a surprise of +3.70% over the Zacks Consensus Estimate of $320.63 million. With the consensus EPS estimate being $4.69, the EPS surprise was -4.05%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Vital Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Sales volumes - Average daily oil equivalent sales volumes: 80416 BOE/D versus 79202.32 BOE/D estimated by six analysts on average.
- Average sales prices per Bbl - NGL: $17.85 versus the three-analyst average estimate of $16.07.
- Average sales prices per Mcf - Natural gas: $1.57 versus $1.66 estimated by three analysts on average.
- Average sales prices per Bbl - Oil, with commodity derivatives: $76.82 versus $76.15 estimated by three analysts on average.
- Sales volumes - Oil equivalents: 7237 MBOE versus the three-analyst average estimate of 7215.01 MBOE.
- Average sales prices per Bbl - Oil: $76.94 versus $76.35 estimated by three analysts on average.
View all Key Company Metrics for Vital Energy here>>>Shares of Vital Energy have returned -13.5% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended March 2023, Vital Energy (VTLE - Free Report) reported revenue of $332.51 million, down 37.6% over the same period last year. EPS came in at $4.50, compared to $5.17 in the year-ago quarter.
The reported revenue represents a surprise of +3.70% over the Zacks Consensus Estimate of $320.63 million. With the consensus EPS estimate being $4.69, the EPS surprise was -4.05%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Vital Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Sales volumes - Average daily oil equivalent sales volumes: 80416 BOE/D versus 79202.32 BOE/D estimated by six analysts on average.
- Average sales prices per Bbl - NGL: $17.85 versus the three-analyst average estimate of $16.07.
- Average sales prices per Mcf - Natural gas: $1.57 versus $1.66 estimated by three analysts on average.
- Average sales prices per Bbl - Oil, with commodity derivatives: $76.82 versus $76.15 estimated by three analysts on average.
- Sales volumes - Oil equivalents: 7237 MBOE versus the three-analyst average estimate of 7215.01 MBOE.
- Average sales prices per Bbl - Oil: $76.94 versus $76.35 estimated by three analysts on average.
View all Key Company Metrics for Vital Energy here>>>Shares of Vital Energy have returned -13.5% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Top 5 Dividend Stocks for Your Retirement
Zacks targets 5 well-established companies with solid fundamentals and a history of raising dividends. More importantly, they have the resources and will to likely pay them in the future.
Click now for a Special Report packed with unconventional wisdom and insights you simply won’t get from your neighborhood financial planner.
See our Top 5 now – the report is FREE >>
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