Alert: Negative Investment/Fundamental Signals (5/15/24)-Vital Energy Inc (NYSE: VTLE)

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Vital Energy Inc (NYSE: VTLE) has recently experienced extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.

Vital Energy Inc (NYSE: VTLE) has recently experienced small negative changes in fundamentals: significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

VTLE is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Vital Energy has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Vital Energy has a very high Appreciation Score of 86 but a very low Power Rating of 14, triggering the Neutral Value Trend Rating.

Recent Price Action

On 5/15/24, Vital Energy Inc (NYSE: VTLE) stock declined modestly by -1.6%, closing at $48.57. NORMAL trading volume accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -9.4% during the last week.

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