Reports Q3 revenue $435.51M, consensus $393.9M. “Vital Energy delivered across the board in the third quarter,” stated CEO Jason Pigott. “We had the powerful combination of higher-than-expected production and lower-than-planned capital investments. These exceptional results translated directly to strong financial performance, driving $91M of free cash flow. Our success has been fueled by our proven strategy of acquiring and efficiently integrating high-value acquisitions. This year we have captured five opportunities that increase our scale in the Permian Basin, reduce leverage and generate a highly-competitive free cash flow yield.”
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