From GlobeNewswire:

Vital Energy, Inc. reports that fourth-quarter 2023 total and oil production exceeded expectations, with an average of 113.4 thousand barrels of oil equivalent per day. Capital investments for the period were approximately $190 million, in line with guidance. The company also provided details for fourth-quarter and full-year 2023 earnings release and conference call.

The diluted weighted-average shares outstanding for the quarter was approximately 29.8 million, including 2.0% Cumulative Mandatorily Convertible Series A Preferred Stock. Total shares of common stock outstanding was approximately 35.4 million, along with 595,104 shares of Series A Preferred Stock. Conference call and webcast will be held on Thursday, February 22, 2024, at 7:30 a.m. CT.

Vital Energy plans to report complete fourth-quarter and full-year 2023 financial and operating results after market close on Wednesday, February 21, 2024. The company will also host a conference call and webcast at 7:30 a.m. CT on Thursday, February 22, 2024. To participate in the call, dial 800.715.9871, using conference code 6099172 or listen to the call via the Company’s website.



Read more: Vital Energy Provides Select Preliminary Fourth-Quarter