Vital Energy Inc (Canada) V.VUX

Roddi ;

[1rockit]

Could you please just tell me ballpark what they make a year. 1 million or a hundred. Thanks

[Roddiggiti]

Below is a breakdown for you: 2018 Revenue - $4.3 million ($870k loss) 2019 Revenue - $7.6 million ($852k profit) 2020 Revenue - $5 million (large loss, mostly from a $6.5 million write down) 2021(Q1-Q3) Revenue - $8 million ($2.5m profit with $67 oil pricing & mostly production under 400bopd) Keeping in mind that their production more than doubled at the end of Q3 due to the Lampman

[goldboyz2]

I think ill jump into VUX once AXL releases productions news from a well they just drilled. Should see a nice bump up on production numbers. I just really dislike when a company doesnt update its shareholders  But numbers dont lie and Vux has the good numbers, this could be a very big year for O&G stocks GB

[Roddiggiti]

100% agree with you. But at the same time we wouldn't be buying VUX sub $0.50 right now if more people knew the balance sheet and profitability.  Can't wait for Q4 2021 and Q1 2022, should be large earnings when compared to the last few quarters.

[goldboyz2]

Good thing mangement doesnt update shareholders, looks like i still have time. Hoping i have until Q1 fins at the end of May to get in before hand.  GB