Vital Energy, Inc.
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Vital Energy, Inc. - overview
Established
2006
Location
Tulsa, OK-Oklahoma, US
Primary Industry
Oil & Gas
About
Vital Energy, Inc. is a US-based company specializing in the exploration, acquisition, and development of energy-producing assets, focused on sustainable energy solutions for diverse markets. Vital Energy, Inc. , founded in 2006 in Tulsa, US, is engaged in the development of energy-producing assets.
The company has completed a total of 5 deals, with its most recent funding round being a Private Placement/Follow on in March 2015, raising USD 762. 45 mn. Jason Pigott currently serves as the CEO. Vital Energy primarily focuses on the exploration, acquisition, and development of energy-producing assets and technologies aimed at delivering sustainable and abundant energy solutions.
The company engages in creating innovative energy solutions that cater to a diverse client base, including businesses and communities seeking reliable and environmentally responsible energy sources. Their offerings include advanced energy technologies that facilitate efficient energy production and consumption, addressing the increasing demand for sustainable energy solutions across various sectors in North America. Vital Energy reported a revenue of USD 1. 95 bn for the most recent year, 2024, with an EBITDA of USD 719.
41 mn. The company generates revenue through partnerships, direct sales, and potential subscription services, catering to clients ranging from large industrial users to smaller businesses and residential customers. Vital Energy plans to leverage its recent funding to expand its product offerings and enter new geographic markets. The company is currently designing new energy technologies aimed at increasing efficiency and sustainability, with launch dates expected in the coming fiscal year.
Targeted expansion into emerging markets in South America and Europe is also on the agenda, anticipated by 2025.
Current Investors
Warburg Pincus
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production, Power Generation Equipment & Services
Website
www.vitalenergy.com/
Company Stage
Mature
Total Amount Raised
Subscriber access only
Vital Energy, Inc. - timeline of key events
Vital Energy, Inc. - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 510,270,000 | 588,080,000 | 665,257,000 | 793,885,000 | 606,640,000 | 597,378,000 | 822,162,000 | 1,105,775,000 | 837,281,000 | 677,192,000 | 1,394,075,000 | - | - | - |
| % Revenue Growth (YoY) | - | 15.2% | 13.1% | 19.3% | (23.6%) | (1.5%) | 37.6% | 34.5% | (24.3%) | (19.1%) | 105.9% | - | - | - |
| EBITDA (USD) | 382,587,000 | 420,730,000 | 453,715,000 | 477,754,000 | (2,189,063,000) | 64,656,000 | 412,147,000 | 564,500,000 | (124,941,000) | (627,241,000) | 954,445,000 | - | - | - |
| Operating Income (USD) | 201,899,000 | 171,780,000 | 214,351,000 | 226,386,000 | (2,471,514,000) | (87,962,000) | 249,672,000 | 348,492,000 | (408,591,000) | (861,733,000) | 720,335,000 | - | - | - |
| Operating Margin | 39.6% | 29.2% | 32.2% | 28.5% | (407.4%) | (14.7%) | 30.4% | 31.5% | (48.8%) | (127.3%) | 51.7% | - | - | - |
| % EBITDA Margin | 75.0% | 71.5% | 68.2% | 60.2% | (360.9%) | 10.8% | 50.1% | 51.1% | (14.9%) | (92.6%) | 68.5% | - | - | - |
| NET Income (USD) | 105,554,000 | 61,654,000 | 118,000,000 | 265,573,000 | (2,209,936,000) | (260,739,000) | 548,974,000 | 324,595,000 | (342,459,000) | (874,173,000) | 145,008,000 | - | - | - |
| % Net Margin | 20.7% | 10.5% | 17.7% | 33.5% | (364.3%) | (43.6%) | 66.8% | 29.4% | (40.9%) | (129.1%) | 10.4% | - | - | - |
Vital Energy, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Sabalo Energy, LLC | - | ||||||||
| Private Placement/Follow on | Completed | Vital Energy, Inc. | - | ||||||||
| Private Placement/Follow on | Completed | Vital Energy, Inc. | - | ||||||||
| IPO | Completed | Vital Energy, Inc. | - | ||||||||
| Growth | Completed | Vital Energy, Inc. | - |
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Vital Energy, Inc. - employee data
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