Vitesse Energy(VTS)
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Vitesse Inks a $222M Strategic Expansion Deal to Acquire Lucero Energy
ZACKS· 2024-12-27 13:10
Vitesse Energy, Inc. (VTS) recently announced an all-stock transaction deal to acquire Lucero Energy, an oil and gas producer operating on the North Dakota side of the Williston Basin. Through this $222 million deal, set to be closed in the second quarter of 2025 with the necessary shareholder and regulatory approvals, Vitesse will acquire more than 65 producing wells from Lucero.In accordance with the terms of the agreement, in exchange for each share held at Lucero Energy, the shareholders will receive 0. ...
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Vitesse Energy, Inc. - VTS
Prnewswire· 2024-12-17 01:00
NEW YORK, Dec. 16, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Vitesse Energy, Inc. (NYSE: VTS), relating to the proposed merger with Lucero Energy Corp. Under the terms of the agreement, Vitesse stockholders are expected to own approximately 80% of the ...
This Dividend Stock Has a Huge 7.5% Yield and Isn't as Risky as You Might Think
The Motley Fool· 2024-11-24 12:05
Vitesse Energy (VTS 1.22%) offers a 7.5% yield. Unlike many other oil and gas companies, its story isn't solely about relying on oil and gas prices to drive the share price or sustain the dividend. Vitesse has risk, as all stocks do, but it's not quite as risky as its dividend yield implies.The investment case for Vitesse EnergyAs noted above, a stock often trades with a high yield because the market doubts that the dividend is sustainable. If oil prices collapse, then Vitesse will suffer, too. However, the ...
Vitesse Energy(VTS) - 2024 Q3 - Earnings Call Transcript
2024-11-05 19:09
Vitesse Energy, Inc. (NYSE:VTS) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Ben Messier - Director of Investor Relations and Business Development Bob Gerrity - Chairman and Chief Executive Officer Brian Cree - President James Henderson - Chief Financial Officer Conference Call Participants Jeff Grampp - Alliance Global Partners Noel Parks - Tuohy Brothers Operator Greetings. Welcome to the Vitesse Energy Third Quarter 2024 Earnings Call. At this time, all participants ...
Vitesse Energy(VTS) - 2024 Q3 - Earnings Call Presentation
2024-11-05 18:22
Investor Presentation November 2024 Vitesse is the French word for velocity. VTS represents the velocity of capital compounding. Disclaimer Forward Looking Statements This presentation contains forward-looking statements regarding future events and future results that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this presentation regarding Vitesse Energy, Inc.'s ("Vitesse ...
Vitesse Energy (VTS) Misses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-05 00:15
Vitesse Energy (VTS) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -41.46%. A quarter ago, it was expected that this energy company would post earnings of $0.35 per share when it actually produced earnings of $0.35, delivering no surprise.Over the last four quarters, the company has ...
Vitesse Energy(VTS) - 2024 Q3 - Quarterly Report
2024-11-04 21:13
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-41546 Vitesse Energy, Inc. (Exact name of registrant as specified in its charter) Delaware 88-3617511 ( ...
Vitesse Energy(VTS) - 2024 Q3 - Quarterly Results
2024-11-04 21:12
VITESSE ENERGY ANNOUNCES THIRD QUARTER 2024 RESULTS, REVISED 2024 GUIDANCE AND PRELIMINARY 2025 OUTLOOK GREENWOOD VILLAGE, Colo. – November 4, 2024 – Vitesse Energy, Inc. (NYSE: VTS) ("we," "our," "Vitesse," or the "Company") today reported the Company's third quarter 2024 financial and operating results, revised 2024 guidance, and provided a preliminary outlook for 2025. THIRD QUARTER 2024 HIGHLIGHTS • As previously announced, declared a quarterly cash dividend of $0.525 per common share to be paid on Dece ...
Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Vitesse Energy Stock
The Motley Fool· 2024-08-27 12:12
This energy stock is focused on generating strong free cash flow and returning it to investors. While those keen on boosting their passive income will consider various options, digging into the oil patch is a frequently used strategy. From niche operators to oil supermajors, there's a wide range of choices to consider. With an enticing ultra-high 8.5% forward dividend yield, Vitesse Energy (VTS 1.31%) is surely an intriguing consideration for income-focused investors. Unlike its brethren that operate throug ...
This 9% Yielding Energy Stock Just Increased Its Dividend Payment
The Motley Fool· 2024-08-10 22:42
This high-yield stock is on track for another successful year. As the dust settles on talk of yen carry trades and market crashes, the price of oil is still above $75 a barrel. Meanwhile, market interest rates are trending lower in anticipation of a Federal Reserve rate cut. With OPEC+ extending production cuts in 2025, the bull case for oil is intact. Still, you don't necessarily need to be a raging oil bull to like buying stock in 9%-yielding Vitesse Energy (VTS -0.22%). Here's why. Vitesse Energy's divid ...