Reported 2 days ago
Vital Energy, Inc. (VTLE) experienced a significant decline this week, dropping over 24% due to heightened concerns of a global economic slowdown and trade tensions between the U.S. and China. The company's disappointing financial results, including a substantial net loss in Q4 2024, and a lowered price target from Bank of America further pressured the stock, which now stands at a 52-week low. The broader energy market is also reacting to OPEC+'s increased production plans and declining oil prices.
Source: YAHOO