Vital Energy - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Vital Energy M&A Summary

Vital Energy has acquired 5 companies, including 3 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 1 asset.

Vital Energy’s largest acquisition to date was in 2011, when it acquired Broad Oak Energy for $1.0B. It’s largest disclosed sale occurred in 2013, when it sold Laredo Petroleum - Anadarko Basin Assets to EnerVest for $438M. Vital Energy has acquired in 3 different US states. The Company’s most targeted sectors include oil/gas exploration (100%).

Vital Energy Business Overview

Where is Vital Energy headquartered?

Vital Energy is headquartered in Tulsa, Oklahoma.

What is Vital Energy’s revenue?

Vital Energy disclosed revenue of 1,548M USD for 2023 and 1,921M USD for 2022.

How many employees does Vital Energy have?

Vital Energy has 326 employees.

What sector is Vital Energy in?

Vital Energy is an energy services and equipment company.

When was Vital Energy founded?

Vital Energy was founded in 2006.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity5
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7
  • M&A Advisors 4

Vital Energy

Vital Energy, Inc.

521 East 2nd Street Suite 1000,
Tulsa, Oklahoma 74120
United States,
(918) 513-4570
www.vitalenergy.com

Vital Energy is an independent energy company. Laredo's business strategy is focused on the acquisition, exploration and development of oil and natural gas properties. Vital Energy was founded in 2006 and is based in Tulsa, Oklahoma.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 2 - 1 - 1 1 5
vol $1.2B $715M $128M $2.0B
Sell (0.0/yr) # 1 - - - - - 1
vol $438M $438M
  6

Most Recent M&A

Company Date Value Type
Point Energy Partners - Delaware Basin Assets 2024-07-28 - Stake Purchase
, United States
Driftwood Energy Partners LLC 2023-02-14 128M USD Add-on Acquisition
Dallas, Texas · www.driftwoodenergy.com
Sabalo Energy LLC 2021-05-09 715M USD Add-on Acquisition
Corpus Christi, Texas
Laredo Petroleum - Anadarko Basin Assets 2013-05-21 438M USD Divestiture
Tulsa, Oklahoma
Broad Oak Energy, Inc. 2011-06-15 1.0B USD Add-on Acquisition
Dallas, Texas
Linn Energy LLC - Verden Assets 2008-08-15 185M USD Divestiture
, Oklahoma
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 5 (100%) 2.0B (100%) - -
Energy Services and Equipment - - 1 (100%) 438M (100%)
Total 5 $2.0B 1 $438M

By Geo

State/Country Buy Value Sell Value
United States 5 2.0B 1 438M
  Texas 3 1.8B - -
  Oklahoma 1 185M 1 438M
Total 5 $2.0B 1 $438M

Top M&A Advisors

Financial Deals
Tudor, Pickering, Holt & Co., LLC
1
Houlihan Lokey
1
Legal Deals
Gibson, Dunn & Crutcher
1
Akin Gump Strauss Hauer & Feld
1

Deal Values

buy # Total
> $1B 1 $1.0B
$100M to $1B 3 $1.0B
TOTAL $2.0B
Largest Broad Oak Energy, Inc.
$1.0B (2011-06-15)
sell # Total
$100M to $1B 1 $438M
TOTAL $438M
Largest Laredo Petroleum - Anadarko Basin Assets
$438M (2013-05-21)

M&A Connections

Deals
Acquired from
Investor(s)
60%
3 (60%)
Strategic(s)
40%
2 (40%)
Divested to
Strategic(s)
100%
1 (100%)

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