Key energy gearing up for release of fourth quarter earnings report
The end of the year marks the time when many energy companies gear up to release their quarterly earnings reports. Essential Energy, Inc. is scheduled to disclose its financial and operational outcomes for the fourth quarter and full year of 2024 after the market closes on Wednesday, February 19, 2025. Following that, a conference call to discuss these results is set for 7:30 a.m. CT the next day, February 20, 2025. Interested parties can tune in via a webcast on the company’s website at www.vitalenergy.com under the “Investor Relations | News & Presentations | Upcoming Events” section.
In the third quarter of 2024, Vital Energy concluded a significant $815 million acquisition of Point Energy and unveiled net income figures of $215.3 million. After adjusting for various factors, the company’s net income stood at $60.4 million, while cash flows derived from operating activities amounted to $246.2 million.
Many energy companies are gearing up for the release of their quarterly results. Vital Energy, Inc. is all set to unveil their financial performance for the fourth quarter and full year of 2024 post the closing of the market on February 19, 2025. The following morning, they will be conducting a conference call at 7:30 a.m. CT on February 20, 2025, to delve into the intricacies of their results. For those interested, a webcast of this call will be accessible on the company’s website under the “Investor Relations | News & Presentations | Upcoming Events” tab.
Wrapping up the third quarter of 2024, Vital Energy closed a significant deal with Point Energy, acquiring them for a total of $815 million. This move saw Vital Energy report net income of $215.3 million. However, upon making adjustments, the adjusted net income was recorded at $60.4 million, along with cash flows generated from operating activities amounting to $246.2 million.
The end of the year is a significant period for energy companies as they gear up to release their quarterly earnings reports. Vital Energy, Inc. is set to release their financial and operational performances for the fourth quarter and full-year 2024 after the market closes on Wednesday, February 19, 2025. A conference call is slated for the following day at 7:30 a.m. CT on February 20, 2025, with a webcast available for viewing on the company’s website.
As the year draws to a close, energy companies prepare to share their latest quarterly financial results. Vital Energy, Inc. is on track to unveil their financial and operational details for the fourth quarter and full year of 2024 post-market close on February 19, 2025. The subsequent morning, they will be hosting a conference call at 7:30 a.m. CT on February 20, 2025, with a webcast accessible on their website for those interested in tuning in.
In the third quarter of 2024, Vital Energy made headlines by acquiring Point Energy for a hefty $815 million. This move contributed to Vital Energy’s reported net income of $215.3 million for the quarter. Upon further examination, the company’s adjusted net income was noted at $60.4 million, with cash inflows from operating activities totaling $246.2 million.
