TULSA, Okla. (AP) — TULSA, Okla. (AP) — Vital Energy, Inc. (VTLE) on Wednesday reported a loss of $359.4 million in its fourth quarter.
On a per-share basis, the Tulsa, Oklahoma-based company said it had a loss of $9.59. Earnings, adjusted for one-time gains and costs, were $2.30 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.16 per share.
The oil and natural gas company posted revenue of $534.4 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $559.6 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VTLE at https://www.zacks.com/ap/VTLE
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