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About the company
Vital Energy, Inc. is an independent energy company. The Company is focused on the acquisition, exploration and development of oil and natural gas properties in the Permian Basin of West Texas. The Company operates through a single segment, exploration and production. It has assembled 265,306 largely contiguous net acres in the Permian Basin, most of which is prospective for multi-zone development in Glasscock, Howard, Midland, Reagan, and Upton counties in the Midland Basin and Pecos, Reeves, and Ward counties in the Delaware Basin. The Company has purchased certain oil and gas properties in the Delaware Basin, including approximately 21,450 net acres located in Reeves County, 15,500 net acres located in Reeves County, and 24,000 net acres in Pecos, Reeves and Ward Counties. It has also purchased certain oil and natural gas properties in the Midland Basin, including approximately 11,200 net acres located in Upton and Reagan Counties.
- Revenue in USD (TTM)1.55bn
- Net income in USD694.63m
- Incorporated2011
- Employees326.00
- LocationVital Energy Inc521 E. Second Street South, Suite 1000TULSA 74120United StatesUSA
- Phone+1 (918) 513-4570
- Fax+1 (918) 513-4571
- Websitehttps://vitalenergy.com/
Mergers & acquisitions
| Acquired company | VTLE:NYQ since announced | Transaction value |
|---|---|---|
| Henry Energy LP-Permian Basin Asset | 30.85% | 78.00m |
| Moriah Henry Partners LLC-Oil & Gas Properties | -7.26% | 477.83m |
| Tall City Property Holdings III LLC-Oil & Gas Properties | -7.26% | 425.00m |
| Maple Energy Holdings LLC-Oil & Gas Properties | -7.26% | 194.66m |
