VTLE · As filed with the SEC
Vital Energy cash flow statement, by fiscal year
The statement as Vital Energy presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated statements of cash flows · USD thousands
| USD thousands | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | Year ended Dec 31, 2021 Year ended Dec 31, 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net income (loss) | (173,521) | 695,078 | 631,512 | 145,008 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||
| Share-settled equity-based compensation, net | 14,646 | 10,994 | 8,403 | 7,675 |
| Depletion, depreciation and amortization | 741,966 | 463,244 | 311,640 | 215,355 |
| Impairment expense | 481,305 | 0 | 40 | 1,613 |
| (Gain) loss on disposal of assets, net | — | (672) | 1,079 | (84,551) |
| Mark-to-market on derivatives: | ||||
| (Gain) loss on derivatives, net | (38,140) | (96,230) | 298,723 | 452,175 |
| Settlements (paid) received for matured derivatives, net | — | — | (486,173) | (320,868) |
| Settlements received for early-terminated commodity derivatives, net | — | — | 0 | 0 |
| Premiums received (paid) for commodity derivatives | — | — | 0 | 9,041 |
| Amortization of debt issuance costs | — | — | 6,338 | 5,146 |
| Amortization of operating lease right-of-use assets | — | — | 22,621 | 13,609 |
| Settlements received (paid) for matured derivatives, net | 58,322 | (17,648) | — | (320,868) |
| Premiums received for commodity derivatives | — | 0 | — | 9,041 |
| Loss on extinguishment of debt, net | 66,115 | 4,039 | 1,459 | 0 |
| Deferred income tax benefit | (50,196) | (189,060) | (619) | 2,321 |
| Other, net | 27,663 | 14,655 | 5,494 | 23,388 |
| Changes in operating assets and liabilities: | ||||
| Accounts receivable, net | (61,163) | (77,742) | (9,226) | (87,831) |
| Other current assets | (6,456) | (2,754) | 8,370 | (8,767) |
| Other noncurrent assets, net | (1,151) | 484 | 1,837 | (8,782) |
| Accounts payable and accrued liabilities | 12,803 | 52,763 | 31,534 | 31,387 |
| Undistributed revenue and royalties | — | — | 42,085 | 81,201 |
| Undistributed revenue and royalties | (29,762) | (31,907) | — | 81,201 |
| Other current liabilities | (25,004) | (5,656) | (18,503) | 33,331 |
| Other noncurrent liabilities | (17,097) | (6,632) | (26,994) | 4,975 |
| Net cash provided by operating activities | 1,000,330 | 812,956 | 829,620 | 496,671 |
| Cash flows from investing activities: | ||||
| Acquisitions of oil and natural gas properties | (850,911) | (849,508) | (5,581) | (763,411) |
| Capital expenditures: | ||||
| Oil and natural gas properties | (864,437) | (617,397) | (566,989) | (418,362) |
| Midstream service assets | — | — | (1,436) | (2,849) |
| Other fixed assets | — | — | (12,711) | (5,931) |
| Proceeds from dispositions of capital assets, net of selling costs | — | — | 108,888 | 393,742 |
| Settlements received for contingent consideration | — | — | 1,877 | 0 |
| Midstream and other fixed assets | (23,341) | (14,021) | — | (8,780) |
| Proceeds from dispositions of capital assets, net of selling costs | 2,874 | 2,403 | — | 393,742 |
| Settlements received for contingent consideration | — | 2,393 | — | 0 |
| Net cash used in investing activities | (1,737,591) | (1,476,130) | (475,952) | (796,811) |
| Cash flows from financing activities: | ||||
| Borrowings on Senior Secured Credit Facility | 1,750,000 | 765,000 | 455,000 | 570,000 |
| Payments on Senior Secured Credit Facility | (1,005,000) | (700,000) | (490,000) | (720,000) |
| January 2025 Notes & January 2028 Notes | — | — | 0 | 0 |
| July 2029 Notes | — | — | 0 | 400,000 |
| Extinguishment of debt | — | — | (282,902) | 0 |
| Issuance of senior unsecured notes | 1,001,500 | 897,710 | — | 400,000 |
| Early repayments of long-term debt | — | (457,792) | — | 0 |
| Extinguishment of debt | (952,214) | — | — | — |
| Proceeds from issuance of common stock, net of offering costs | 0 | 161,223 | 0 | 72,492 |
| Share repurchases | 0 | 0 | (37,290) | 0 |
| Stock exchanged for tax withholding | (3,569) | (3,077) | (7,442) | (2,596) |
| Payments for debt issuance costs | (22,078) | (27,011) | (1,938) | (14,686) |
| Other, net | (5,260) | (3,253) | (1,459) | 2,971 |
| Net cash provided by (used in) financing activities | 763,379 | 632,800 | (366,031) | 308,181 |
| Net increase (decrease) in cash and cash equivalents | 26,118 | (30,374) | (12,363) | 8,041 |
| Cash and cash equivalents, beginning of period | 14,061 | 44,435 | 56,798 | 48,757 |
| Cash and cash equivalents, end of period | 40,179 | 14,061 | 44,435 | 56,798 |
| Payments for (Proceeds from) Other Investing Activities | (1,776) | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.