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Vital Energy, Inc.: Increased scale supports debt reduction

Our credit view of this issuer reflects its track record of hedging oil and gas production, against its limited track record operating at current scale.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Vital Energy, Inc. (Vital) and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 13 December 2024 in which we reassessed the appropriateness of the ratings in th...

Moody's Ratings says Vital's ratings unaffected by its Delaware Basin ...

Moody's Ratings (Moody's) said that Vital Energy, Inc.'s (Vital, B1 stable) plan to acquire the Delaware Basin assets of Point Energy Partners (Point, unrated), a Vortus Investments portfolio company, does not affect its current ratings or stable outlook. Vital agreed to acquire 80% of Point's asset...

Vital Energy, Inc.: Covenant Quality Post-Sale Snapshot: $800m 7.875% ...

Vital Energy, Inc.'s covenant package provides weak protection, reflecting a CQ score of 3.83.

Moody's Ratings says Vital Energy's add-on notes offering has no effec...

Moody's Ratings ("Moody's") said that Vital Energy, Inc.'s (Vital or Vital Energy) proposed senior unsecured notes offering due 2032 (the add-on notes) will not affect the company's credit ratings or stable outlook. The add-on notes are being offered as an addition to the $800 million 7.875% senior ...

Moody's rates Vital Energy's new notes B2

Moody's Ratings ("Moody's") assigned a B2 rating to Vital Energy, Inc.'s (Vital or Vital Energy) proposed offering of senior unsecured notes. Vital's existing ratings, including its B1 Corporate Family Rating (CFR), B1-PD Probability of Default Rating (PDR), existing B2 senior unsecured notes rating...

Vital Energy, Inc.: Upgraded to B1 CFR following recent acquisitions f...

Our credit view of this issuer reflects its acquisition-led growth strategy and track record of hedging oil and gas production, offset by its moderate scale and high capital spending needs.

Moody's upgrades Vital Energy's CFR to B1

Moody's Investors Service (Moody's) upgraded Vital Energy, Inc.'s (Vital or Vital Energy) Corporate Family Rating (CFR) to B1 from B2, Probability of Default Rating (PDR) to B1-PD from B2-PD and senior unsecured notes rating to B2 from B3, and maintained the stable outlook. Vital's SGL-2 Speculative...

Vital Energy, Inc. - September 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Vital Energy, Inc.: Covenant Quality Post-Sale Snapshot: $500m 9.750% ...

Vital Energy, Inc.'s covenant package provides weakest-level protection, reflecting a CQ score of 4.25.

Moody's rates Vital's new notes B3

Moody's Investors Service ("Moody's") assigned a B3 rating to Vital Energy, Inc.'s (Vital) proposed offering of senior unsecured notes, comprised of $500 million senior unsecured notes due 2030 and $300 million senior unsecured notes due 2028. Vital's other ratings and stable outlook remain unchange...

Vital Energy, Inc. - June 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Vital Energy, Inc. - March 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Vital Energy, Inc.: Moderate leverage but growth challenged due to lim...

Our credit view of this issuer reflects its concentrated upstream operations with limited oil footprint.

Vital Energy, Inc. - December 2022 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

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