Vital Energy Inc. (VUX) Is Yet to See Trading Action on Feb 13

February 13, 2018 - By Stephen Andrade

Shares of Vital Energy Inc. (CVE:VUX) closed at 0.14 yesterday. Vital Energy Inc. currently has a total float of 55.12M shares and on average sees 3,752 shares exchange hands each day. The stock now has a 52-week low of 0.06 and high of 0.43.

TSX: Leading Canada’s Growth

The equity market is a reliable indicator of any nation’s economic condition. Because of it, investors are able to determine the future of the economy and make investments based on logical numbers.

Canada has one of the world’s fastest growing economies’ thanks to its flourishing equity market that has withstood the toughest of times and still remains thriving until today.

The Canadian Equity Market

The Toronto Stock Exchange (TSX) is the main stock exchange in Canada. The benchmark index weighing its stocks is the S&P/TSX Composite Index, which makes up 70% of the total market capitalization of the TSX.

More than 1,500 companies are listed on the TSX as of October 2014. In May, the total market capitalization of the TSX was seen at nearly $3 trillion.
More than 200 companies are included in the S&P/TSX Composite Index, 36% of which belong to the Financials sector alone. The Energy sector is the second largest sector in the S&P/TSX Composite Index, making up 20% of it, followed by the Materials sector, Industrial sector, and Consumer Discretionary sector in the top five.

The S&P/TSX Composite Index has an all-time low of 217.50 and an all-time high of 15,657.63. Vital Energy Inc. trades on the exchange.

Trading on the TSX starts and ends at 9:30 a.m. and 4:00 p.m., respectively. Meanwhile, post-market trading starts and ends at 4:15 p.m. and 5:00 p.m., respectively.

How It Works

The S&P/TSX Composite Index measures stocks based on market capitalization with respect to share price. Such is the case to make sure that only the most actively traded stocks represent one of the world’s closely watched indices, providing accurate, real-time manifestations of the Canadian economy. This means that stocks held by the government, company insiders, and venture capitalists are not weighted on the S&P/TSX Composite Index.

For stocks to be included in the S&P/TSX Composite Index, they must first be listed on the TSX under the mandate of the Canadian government. They must make up at least 0.05% of the S&P/TSX Composite Index. This requirement guarantees a harmonious and perfectly balanced index. Vital Energy Inc. complies with the rules for listing.

Liquidity is also an important consideration in maintaining the S&P/TSX Composite Index. The trading volume of each stock must compose at least 0.025% of the total trading volume of all stocks eligible for inclusion. In terms of price, each stock must have a minimum average trading price of C$1 in the three months immediately preceding the review date. It must also have a minimum trading price of C$1 in the three trading days immediately preceding the rebalancing.

The Organization of the Petroleum Exporting Countries (OPEC) has finally decided to minimize oil production as an answer to the long-time problem of oversupply. This means that crude oil prices are set to bounce back from the turmoil, lifting the TSX further. Consequently, investing on TSX stocks is just reasonable for investors nowadays. Professional analysts might be interested how this will affect Vital Energy Inc..

More notable recent Vital Energy Inc. (CVE:VUX) news were published by: which released: “Vital Energy Inc. SW Saskatchewan Core Project Areas – Status Update” on August 17, 2017, also with their article: “Vital Energy Inc. Pennant Project, SW Saskatchewan – Project Update” published on November 06, 2017, published: “Vital Energy Inc.: Pennant Project, SW Saskatchewan – Core Project Area” on April 21, 2017. More interesting news about Vital Energy Inc. (CVE:VUX) were released by: and their article: “Vital Energy Inc.: News Release” published on March 31, 2017 as well as‘s news article titled: “Vital Announces Closing of Debenture Offering” with publication date: December 28, 2017.

Vital Energy Inc., a junior oil and gas company, engages in the acquisition, exploration, and development of natural gas and crude oil properties in Western Canada. The company has market cap of $7.72 million. The firm primarily focuses on the development of light and medium gravity crude oil production activities. It currently has negative earnings. The Company’s principal properties include 50% working interest in the Gull Lake project that has six wells producing crude oil from the Roseray formation, and one well producing gas and oil from the Cantuar formation; and 100% working interest in the Pennant project, which includes six contiguous sections of land covering 3,360 acres located in the south west Saskatchewan.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: