Vital Energy

Vital Energy, Inc. is an independent American energy company focused on the acquisition, exploration, and development of crude oil and natural gas properties, primarily in the Permian Basin of West Texas. Founded in 2006 as Laredo Petroleum, the company rebranded to Vital Energy in 2023 to emphasize its commitment to sustainable energy solutions. With its headquarters in Tulsa, Oklahoma, Vital Energy holds significant proved reserves and operates across 133,199 net acres in the region. The company specializes in producing crude oil, natural gas condensates, and natural gas, utilizing proprietary methods like the "earth model" to enhance drilling efficiency. Vital Energy is dedicated to growth and exceeding industry standards in environmental, social, and governance (ESG) practices while fostering employee development and delivering strong operational returns. In 2025, Crescent Energy announced plans to acquire Vital Energy in an all-stock transaction valued at $3.1 billion.