Vital Energy Second Quarter 2024 Earnings: EPS: CA$0.02 (vs CA$0.005 in 2Q 2023)

Vital Energy (CVE:VUX) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$5.74m (up 110% from 2Q 2023).
• Net income: CA$1.92m (up 388% from 2Q 2023).
• Profit margin: 34% (up from 14% in 2Q 2023). The increase in margin was driven by higher revenue.
• EPS: CA$0.02 (up from CA$0.005 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Vital Energy shares are up 11% from a week ago.

Risk Analysis

Be aware that Vital Energy is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

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