How did Vital Energy's revenue and expenses trend in Q4 2024?

Vital Energy's revenue and expenses in Q4 2024 showed a mixed trend. The company's total revenue for the quarter was $534.37 million. However, the cost of goods sold increased by 10.2% to $20.04 million, and the operating expenses rose to $241.14 million, including $257.56 million in change in property and equipment. The selling, general, and administrative expenses also contributed to the overall expenses. Despite the increase in expenses, the company's revenue remained strong, indicating a robust business performance during the period.