Why These Energy Stocks Are Gaining This Week

8. Vital Energy, Inc. (NYSE:VTLE)

Share Price Gains Between Apr. 16 – Apr. 23: 7.01%

Vital Energy, Inc. (NYSE:VTLE) is an independent energy company that engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas.

The stock of Vital Energy, Inc. (NYSE:VTLE) fell by 37.5% earlier this month after it was downgraded by both Bank of America and Citi. Moreover,  the company’s production guidance for 2025 was also disappointing for analysts, and its Q4 2024 revenue also fell below market expectations, despite being up 20.2% YoY. The stock has since slightly rebounded, also helped by the modest increase in global crude price over the last two weeks.