Name | Value |
---|---|
Revenues | 332.5M |
Cost of Revenue | 171.7M |
Gross Profit | 160.8M |
Operating Expense | 38.3M |
Operating I/L | 122.8M |
Other Income/Expense | -7.2M |
Interest Income | 28.6M |
Pretax | 115.5M |
Income Tax Expense | 1.6M |
Net Income/Loss | 113.9M |
Vital Energy, Inc. is an independent energy company focused on acquiring, exploring, and developing oil and natural gas properties in the Permian Basin of West Texas, United States. Formerly known as Laredo Petroleum, Inc., the company rebranded as Vital Energy, Inc. in January 2023. With a primary focus on the extraction and production of oil and natural gas, Vital Energy, Inc. generates revenue through the sale of these energy resources in the market.