VUX - Vital Energy Inc. Message Board

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Technology Stocks : VUX - Vital Energy Inc.

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From: JRod77	6/3/2022 11:26:01 AM
	of 20

Average monthly prices for WTI in Apil and May were $101.78 and $109.55 ( eia.gov ). As per VUX's last presentation from May, average production was around 650 barrels per day. Let's do a rough calculation to what they've should of earned over the last 60 days, assuming no additional costs from drilling, land acquisitions, workovers, etc. Rounding WTI price to $100, dropping production to 600bopd average for 60 days, using similar cost metrics from Q1, which was $13 all in ($100-$13=$87 net) $87 WTI X 60 Days X 600 bpd = $3,132,000 profit (round down to $3 million). I always like to go worse case on pricing, production and profit.

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