Vital Energy Second Quarter 2024 Earnings: EPS: CA$0.02 (vs CA$0.005 in 2Q 2023)

Simply Wall St · 08/30 11:44

Vital Energy (CVE:VUX) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CA$5.74m (up 110% from 2Q 2023).
  • Net income: CA$1.92m (up 388% from 2Q 2023).
  • Profit margin: 34% (up from 14% in 2Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CA$0.02 (up from CA$0.005 in 2Q 2023).
earnings-and-revenue-history
TSXV:VUX Earnings and Revenue History August 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Vital Energy shares are up 11% from a week ago.

Risk Analysis

Be aware that Vital Energy is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...