Vital Energy reports Q3 EPS $1.52, consensus $1.63

Reports Q3 revenue $420.8M, consensus $455.47M. “Our third-quarter results reflect our focus on operational execution and cost discipline,” stated Jason Pigott, president and CEO. “We delivered on an ambitious development plan, turning-in-line 26 wells during the quarter, completing the 8-mile package of 12 horseshoe wells in mid-October and exceeding the top-end of our total production guidance. We are excited by the prospect of joining forces with Crescent to create a premier mid-cap operator and generate increased value for our shareholders.”