VTLE · As filed with the SEC
Vital Energy balance sheet, by quarter
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 balance sheets · USD thousands
| USD thousands | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 | Q4 2024 Dec 31, 2024 | Q3 2024 Sep 30, 2024 | Q2 2024 Jun 30, 2024 | Q1 2024 Mar 31, 2024 | Q4 2023 Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | 14,697 | 30,194 | 28,649 | 40,179 | 22,192 | 56,564 | 423,325 | 14,061 |
| Accounts receivable, net | 227,747 | 242,956 | 254,343 | 299,698 | 224,958 | 225,111 | 290,248 | 238,773 |
| Derivatives | 149,332 | 129,444 | 100,497 | 101,474 | 146,074 | 4,495 | 7,929 | 99,336 |
| Other current assets | 29,276 | 27,836 | 24,757 | 25,205 | 26,038 | 26,356 | 24,395 | 18,749 |
| Total current assets | 421,052 | 430,430 | 408,246 | 466,556 | 419,262 | 312,526 | 745,897 | 370,919 |
| Property and equipment: | ||||||||
| Oil and natural gas properties, full cost method: | ||||||||
| Evaluated properties | 14,429,480 | 14,136,321 | 13,842,969 | 13,587,040 | 13,352,711 | 12,317,485 | 12,100,933 | 11,799,155 |
| Unevaluated properties not being depleted | 132,800 | 176,117 | 213,610 | 242,792 | 241,410 | 193,845 | 190,387 | 195,457 |
| Less: accumulated depletion and impairment | (10,509,728) | (9,915,495) | (9,308,110) | (8,966,200) | (8,276,433) | (8,094,808) | (7,925,773) | (7,764,697) |
| Oil and natural gas properties, net | 4,052,552 | 4,396,943 | 4,748,469 | 4,863,632 | 5,317,688 | 4,416,522 | 4,365,547 | 4,229,915 |
| Property, Plant and Equipment, Other, Net | — | — | — | — | — | — | — | 130,293 |
| Midstream and other fixed assets, net | 121,050 | 122,022 | 127,815 | 134,265 | 133,784 | 131,200 | 130,918 | — |
| Property and equipment, net | 4,173,602 | 4,518,965 | 4,876,284 | 4,997,897 | 5,451,472 | 4,547,722 | 4,496,465 | 4,360,208 |
| Derivatives | 20,960 | 33,165 | 53,211 | 34,564 | 75,645 | 36,375 | 34,898 | 51,071 |
| Operating lease right-of-use assets | 65,669 | 82,049 | 99,055 | 104,329 | 132,132 | 139,037 | 144,667 | 144,900 |
| Deferred income taxes | 5,971 | 3,396 | 241,698 | 239,685 | 137,277 | 196,413 | 205,760 | 188,836 |
| Other noncurrent assets, net | 29,878 | 32,446 | 32,999 | 35,915 | 35,223 | 31,135 | 34,214 | 33,647 |
| Total assets | 4,717,132 | 5,100,451 | 5,711,493 | 5,878,946 | 6,251,011 | 5,263,208 | 5,661,901 | 5,149,581 |
| Liabilities and stockholders' equity | ||||||||
| Current liabilities: | ||||||||
| Accounts payable and accrued liabilities | 195,566 | 158,125 | 163,362 | 185,115 | 164,540 | 153,117 | 150,756 | 159,892 |
| Accrued capital expenditures | 93,390 | 109,844 | 115,626 | 95,593 | 108,977 | 91,064 | 108,546 | 91,937 |
| Undistributed revenue and royalties | 142,799 | 172,415 | 193,175 | 187,563 | 188,611 | 219,292 | 181,442 | 194,307 |
| Derivatives | — | — | — | — | — | 16,537 | 35,567 | 0 |
| Operating lease liabilities | 28,087 | 45,778 | 59,853 | 73,143 | 86,795 | 78,672 | 75,122 | 70,651 |
| Other current liabilities | 81,637 | 59,341 | 75,636 | 59,725 | 77,409 | 58,738 | 57,902 | 78,802 |
| Total current liabilities | 541,479 | 545,503 | 607,652 | 601,139 | 626,332 | 617,420 | 609,335 | 595,589 |
| Long-term debt, net | 2,282,320 | 2,321,294 | 2,310,268 | 2,454,242 | 2,433,271 | 1,662,263 | 2,097,044 | 1,609,424 |
| Derivatives | 25,837 | 19,466 | 0 | 5,814 | — | 152 | — | — |
| Asset retirement obligations | 76,040 | 75,620 | 74,999 | 82,941 | 87,995 | 84,149 | 83,039 | 81,680 |
| Operating lease liabilities | 29,218 | 27,941 | 30,760 | 26,733 | 41,566 | 56,947 | 66,791 | 71,343 |
| Other noncurrent liabilities | 6,020 | 5,049 | 5,309 | 7,506 | 6,006 | 6,379 | 6,888 | 6,288 |
| Total liabilities | 2,960,914 | 2,994,873 | 3,028,988 | 3,178,375 | 3,195,170 | 2,427,310 | 2,863,097 | 2,364,324 |
| Stockholders' equity: | ||||||||
| Preferred stock, $0.01 par value, 50,000,000 shares authorized and zero issued and outstanding as of September 30, 2025 and December 31, 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 6 |
| Common stock, $0.01 par value, 80,000,000 shares authorized, and 38,690,302 and 38,144,248 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 387 | 387 | 387 | 381 | 382 | 382 | 367 | 354 |
| Additional paid-in capital | 3,833,813 | 3,829,651 | 3,824,006 | 3,823,241 | 3,819,118 | 3,814,475 | 3,813,430 | 3,733,775 |
| Accumulated deficit | (2,077,982) | (1,724,460) | (1,141,888) | (1,123,051) | (763,659) | (978,959) | (1,015,009) | (948,878) |
| Total stockholders' equity | 1,756,218 | 2,105,578 | 2,682,505 | 2,700,571 | 3,055,841 | 2,835,898 | 2,798,804 | 2,785,257 |
| Total liabilities and stockholders' equity | 4,717,132 | 5,100,451 | 5,711,493 | 5,878,946 | 6,251,011 | 5,263,208 | 5,661,901 | 5,149,581 |
| Common stock authorized (in shares) | — | — | — | 80,000,000 | — | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.