Vital Energy (Vital Energy) Interest Expense : $-142 Mil (TTM As of Dec. 2023)

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What is Vital Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vital Energy's interest expense for the three months ended in Dec. 2023 was $ -42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-142 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Vital Energy's Operating Income for the three months ended in Dec. 2023 was $ 137 Mil. Vital Energy's Interest Expense for the three months ended in Dec. 2023 was $ -42 Mil. Vital Energy's Interest Coverage for the quarter that ended in Dec. 2023 was 3.22. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vital Energy Interest Expense Historical Data

The historical data trend for Vital Energy's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vital Energy Interest Expense Chart

Vital Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-58.44

-101.30

-108.93

-119.38

-141.84

Vital Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-23.13	-28.55	-31.53	-39.31	-42.45

Vital Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-142 Mil.

Vital Energy (NYSE:VTLE) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vital Energy's Interest Expense for the three months ended in Dec. 2023 was $-42 Mil. Its Operating Income for the three months ended in Dec. 2023 was $137 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,681 Mil.

Vital Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	136.784	/	-42.451
	=	3.22

The higher the ratio, the stronger the company's financial strength is.

Vital Energy (Vital Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vital Energy (NYSE:VTLE) » Definitions » Interest Expense

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8LP1:Germany

Address

521 East Second Street, Suite 1000, Tulsa, OK, USA, 74120

Website

https://www.vitalenergy.com

Vital Energy is an independent energy company. Its business is focused on the acquisition, exploration and development of oil and natural gas properties in the Permian Basin of West Texas. The Company has identified one operating segment: exploration and production.

Executives

Lori A Lancaster	director	302 WEST 86TH STREET. APT. 4C, NEW YORK NY 10024
Maple Energy Holdings, Llc	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone/gower Mgmt Co Holdings, L.p.	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Management Group, L.l.c.	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Holdings Llc	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Lapeyre Pierre F Jr	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE 36TH FLOOR, NEW YORK NY 10019
David M Leuschen	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Credit Partners - Direct, L.p.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10019
Riverstone Strategic Credit Partners A-2 Aiv, L.p.	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Credit Partners Ii - Direct, L.p.	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Rcp Ii F2 Gp, L.p.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Maple Investor, Llc	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Rcp Strategic Credit Partners (a) Gp, L.l.c.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Rcp F1 Gp, L.l.c.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Rcp F2 Gp, L.p.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019