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Technology Stocks : VUX - Vital Energy Inc.
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From: JRod778/8/2022 1:21:02 PM
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Vital Energy Q2 results will be out end of August and the company should be able to show another hefty profit, given their production cost is around $13 per barrel. At the same time, the company has just started drilling a series of wells in Saskatchewan, in the same area as the three Lampman wells that were put into production last year.

I am estimating that the company cash position + receivables will have gone up by at least $3 million and if all four wells hit, total company production should be around 1000bopd.

Image link: cdn-ceo-ca.s3.amazonaws.com
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