Vital Energy Inc traded at $17.92 this Friday December 12th, decreasing $0.18 or 0.99 percent since the previous trading session. Looking back, over the last four weeks, Vital Energy lost 3.88 percent. Over the last 12 months, its price fell by 43.09 percent. Looking ahead, we forecast Vital Energy Inc to be priced at 17.38 by the end of this quarter and at 15.85 in one year, according to Trading Economics global macro models projections and analysts expectations.
Laredo Petroleum, Inc. (Laredo) is an independent energy company. The Company is focused on the acquisition, exploration and development of oil and natural gas properties, and the transportation of oil and natural gas from such properties primarily in the Permian Basin in West Texas. It operates through two segments: Exploration and production of oil and natural gas properties, and Midstream and marketing. The exploration and production of oil and natural gas properties are conducted by it through the exploration and development of its acreage in the Permian Basin. As of December 31, 2016, it had assembled 127,847 net acres in the Permian Basin and had total proved reserves, presented on a three-stream basis, of 167,100 thousand of barrels of oil equivalent (MBOE). The Midstream and marketing segment's operations are conducted by its subsidiary, Laredo Midstream Services, LLC, which buys, sells, gathers and transports oil, natural gas and water primarily for the account of Laredo.