Vital Energy Inc (Canada) V.VUX

Rough Estimate Of VUX Profits Made In April-May

[Roddiggiti]

Average monthly prices for WTI in Apil and May were $101.78 and $109.55 ( https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=RWTC&f=M ). As per VUX's last presentation from May, average production was around 650 barrels per day. Let's do a rough calculation to what they've should of earned over the last 60 days, assuming no additional costs from drilling, land acquisitions, workovers, etc. Rounding WTI price to $100, dropping production to 600bopd average for 60 days, using similar cost metrics from Q1, which was $13 all in ($100-$13=$87 net) $87 WTI X 60 Days X 600 bpd = $3,132,000 profit (round down to $3 million). I always like to go worse case on pricing, production and profit.

[chriszhou]

yes, VUX make good profit,  $3M a quarter, yet its market cap is only 40M, confusing.

[goldboyz2]

What kind of pathetic kind of presentation is this > ?! https://www.vitalenergyoil.com/presentations/Vital%20Assets%202022%20Presentation%20.pdf A couple of maps............ this could of been put together in 30 seconds.....thats how much VUX cares about investors........WOW I dont understand this management GB