![]() Vital Energy Vital Energy (formerly known as Laredo Petroleum) is an energy company engaged in hydrocarbon exploration. | ![]() PetroChina PetroChina (中国石油天然气股份有限公司) is a company that provides petroleum-related products, services, and activities. | ||||
Founding Date | Founding Date 2004 | Founding Date 2006 | Founding Date 2009 | Founding Date 2006 | Founding Date 1999 |
Type | Type Private | Type Public | Type Private | Type Public | Type Public |
Tags | |||||
Locations | Locations Midland, US HQ | Locations Tulsa, US HQ Garden City, US Midland, US | Locations Denver, US HQ Naples, US Parachute, US | Locations HK HQ | |
Employees | Employees 215% decrease | Employees 289 | Employees 678% decrease | Employees 300 | Employees 370,799 |
Valuation ($) | Valuation ($) N/A | Valuation ($) 1 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 200 b |
Financial | |||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) $2b (FY, 2024) | Revenue (est.) N/A | Revenue (est.) $370.2m (FY, 2023) | Revenue (est.) ¥2.6t (FY, 2025) |
Cost of goods | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A | Cost of goods $73m (FY, 2023) | Cost of goods ¥2.2t (FY, 2025) |
Gross profit | Gross profit N/A | Gross profit N/A | Gross profit N/A | Gross profit $309.8m (FY, 2023) | Gross profit ¥374.1b (FY, 2025) |
Net income | Net income N/A | Net income ($173.5m) (FY, 2024) | Net income N/A | Net income ($1.1b) (FY, 2023) | Net income ¥172b (FY, 2025) |

Vital Energy (formerly known as Laredo Petroleum) is an energy company engaged in hydrocarbon exploration.
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