Earnings summaries and quarterly performance for Vitesse Energy.
Executive leadership at Vitesse Energy.
Board of directors at Vitesse Energy.
Research analysts who have asked questions during Vitesse Energy earnings calls.
Noel Parks
Tuohy Brothers
7 questions for VTS
Also covers: BE, BEEM, BLNK +19 more
Jeff Grampp
Northland Securities, Inc.
4 questions for VTS
Also covers: BWXT, FTK, HNRG +7 more
Poe Fratt
Alliance Global Partners
4 questions for VTS
Also covers: CYN, DTI, EDRY +13 more
Jeffrey Grampp
Alliance Global Partners
3 questions for VTS
Also covers: AMPX, AMPY, DTI +8 more
Charles 'Poe' Fratt
AGP
1 question for VTS
Also covers: KNOP, PANL
Emma Schwartz
Jefferies Financial Group Inc.
1 question for VTS
Also covers: BRY
John White
Roth Capital Partners
1 question for VTS
Also covers: AMPY, EPM, EPSN +6 more
Robert Brooks
Northland Capital Markets
1 question for VTS
Also covers: ATMU, BELFA, CECO +10 more
Recent press releases and 8-K filings for VTS.
Vitesse Energy Discusses Capital Allocation, Operational Advancements, and Market Outlook
VTS
Dividends
M&A
Guidance Update
- Vitesse Energy, primarily a non-operated company focused on the Bakken Play, prioritizes its dividend (currently over 10%) and maintaining a strong balance sheet, aiming to keep debt under one times.
- The company completed the acquisition of Lucero Oil and Gas Company in March, which introduced limited operational capabilities to its previously 100% non-operated model.
- Operational efficiency has significantly improved, with a 26% reduction in drilling cost per lateral foot and a 75% increase in first 12 months production per lateral foot from 2014 to 2024, driven by technologies like longer laterals.
- Vitesse plans lower capital spending for next year due to market uncertainty and has approximately 45% of its 2026 oil production hedged with a floor around $64 and a ceiling around $66. The CFO expects oil prices in the high $50s to low $60s in 2026, noting dividend maintenance becomes more challenging below $50.
Nov 20, 2025, 2:35 PM
Vitesse Energy Discusses Capital Allocation, Production, and Market Outlook
VTS
Dividends
Guidance Update
M&A
- Vitesse Energy's primary capital allocation priority is its dividend, currently yielding over 10%, followed by capital spending and maintaining a strong balance sheet.
- The company's average production for the current year is projected to be 17,000-17,500 Boe per day, with 65% of production and 90% of revenue derived from oil.
- To manage risk, Vitesse has hedged approximately 45% of its oil production for next year, with a floor around $64 and a ceiling around $66, and similarly hedged 45% of gas and NGLs through Q1 2027.
- Vitesse closed the Lucero acquisition in March, gaining limited operational capability, and is actively seeking larger asset acquisitions while currently backing off near-term deals due to a "frothy" market.
- The CFO anticipates oil prices in the high $50s to low $60s next year, leading to planned lower capital spending, and notes that maintaining the dividend becomes more challenging below $50 oil.
Nov 20, 2025, 2:35 PM
Vitesse Energy Prioritizes Dividend Amidst Lower 2026 Capital Spending and Strategic Acquisitions
VTS
Dividends
M&A
Guidance Update
- Vitesse Energy (VTS) prioritizes its dividend, currently over 10%, as its most important capital allocation, aiming to maintain it even in challenging oil price environments.
- The company anticipates lower capital spending for 2026 due to current oil prices (around $58-$59) and market uncertainty, with 2025 production estimated at 17,000-17,500 BOE per day.
- Vitesse has hedged approximately 45% of its oil production for next year with a floor around $64 and a ceiling around $66, and 45% of gas/NGLs through Q1 2027, to protect cash flows and dividend stability.
- In March 2025, Vitesse acquired Lucero Oil and Gas Company, gaining limited operational capability, and continues to seek larger asset acquisitions to support its dividend.
- The company maintains a strong balance sheet, targeting less than one times debt, to support its capital allocation strategy.
Nov 20, 2025, 2:35 PM
Vitesse Energy Reports Q3 2025 Results, Raises Full-Year Guidance, and Declares Dividend
VTS
Earnings
Guidance Update
Dividends
- Vitesse Energy reported Q3 2025 production of 18,163 barrels of oil equivalent per day (BOE per day) and adjusted EBITDA of $41.6 million, with adjusted net income of $3.8 million.
- The company increased its full-year 2025 production guidance to 17,000-17,500 BOE per day and cash capital expenditure guidance to $110-$125 million.
- Vitesse declared a Q4 dividend at an annual rate of $2.25 per share and maintained a strong balance sheet with net debt of $108 million and a net debt to adjusted annualized EBITDA of 0.65 times at the end of Q3 2025.
- Operationally, Vitesse successfully completed two Vitesse-operated wells 15% under budget and continues to participate in an increasing number of three and four-mile laterals. The company also has significant hedging in place for 2025 and 2026.
Nov 4, 2025, 4:00 PM
Vitesse Highlights Q3 2025 Performance and Capital Allocation Strategy
VTS
Dividends
Share Buyback
Guidance Update
- Vitesse announced a $0.5625 per share quarterly cash dividend, which translates to a 10% fixed dividend yield based on the October 31, 2025 closing price.
- The company has an approved $60 Million Share Repurchase Program and aims for a Net Debt / Adjusted EBITDA less than 1.0x.
- 2025E Net Production is projected to be 17.0-17.5 MBoe/d with an oil weighting of 65-67%.
- Vitesse's assets include approximately 25 years of drilling inventory and a 1P PV-10 of $806 MM as of December 31, 2024.
Nov 4, 2025, 4:00 PM
Vitesse Energy Announces Q3 2025 Results and Revised 2025 Guidance
VTS
Earnings
Guidance Update
Dividends
- For the third quarter of 2025, Vitesse Energy reported a net loss of $1.3 million and Adjusted Net Income of $3.8 million.
- Adjusted EBITDA was $41.6 million, with cash flow from operations at $49.4 million and Free Cash Flow at $13.6 million for Q3 2025.
- Third quarter 2025 production averaged 18,163 barrels of oil equivalent (Boe) per day, with 65% oil, which was a 4% sequential decrease from the second quarter of 2025.
- The company increased its 2025 annual production guidance by 8% at the midpoint to 17,000 - 17,500 Boe per day and raised its total capital expenditure guidance to $110 - $125 million.
- Vitesse declared a quarterly cash dividend of $0.5625 per common share for Q4 2025, payable on December 31, 2025.
Nov 3, 2025, 9:20 PM
Vitesse Energy Highlights Non-Operated Bakken Strategy, Strong Dividend, and Financial Discipline
VTS
Dividends
M&A
New Projects/Investments
- Vitesse Energy (VTS) primarily operates as a non-operated participator in the Bakken Play of North Dakota, focusing on generating significant free cash flow and returning a fixed dividend to shareholders.
- The company offers an approximate 9% dividend yield with an annual dividend of $2.25 per share. It maintains a conservative balance sheet (pro forma debt to EBITDA of 0.6 times) and hedges extensively, with 70% of remaining 2025 oil production hedged at around $70.
- Vitesse recently acquired Lucero Energy for $200 million and has completed over 200 smaller acquisitions totaling over $750 million. Its asset base is long-duration with 80% undeveloped, providing significant future development opportunities.
- The company benefits from improved drilling economics, with drilling and completion costs declining 26% since 2014 and first-year production increasing from 12 to 21 barrels of oil equivalent per lateral foot between 2014 and 2024.
Aug 27, 2025, 8:05 PM
Quarterly earnings call transcripts for Vitesse Energy.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more