Company Performance - Vitesse Energy reported quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.41 per share, and down from $0.38 per share a year ago, representing an earnings surprise of -41.46% [1] - The company posted revenues of $58.28 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 12.94%, compared to year-ago revenues of $55.05 million [2] - Over the last four quarters, Vitesse has surpassed consensus EPS estimates just once, while it has topped consensus revenue estimates three times [2] Stock Performance - Vitesse shares have increased by approximately 12.8% since the beginning of the year, while the S&P 500 has gained 20.1% [3] - The current consensus EPS estimate for the coming quarter is $0.50 on revenues of $72.79 million, and for the current fiscal year, it is $1.42 on revenues of $267.58 million [7] Industry Outlook - The Oil and Gas - Exploration and Production - United States industry is currently in the bottom 18% of over 250 Zacks industries, indicating potential challenges for stocks within this sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the outlook for the industry can significantly impact stock performance [5][8]

Core Viewpoint - Vitesse Energy is focused on generating strong free cash flow and returning it to investors, making it an attractive option for income-focused investors with an 8.5% forward dividend yield [1]. Company Overview - Vitesse Energy owns non-operating interests in oil and natural gas wells, differentiating itself from other companies in the energy value chain [2]. - The company's business plan emphasizes building a diversified, low-leverage, free cash flow generating business to deliver meaningful dividends to stockholders [2]. Dividend Distribution - After its spinoff from Jefferies Financial Group in January 2023, Vitesse Energy returned $58 million in dividends for 2023, distributing $0.50 per share quarterly [2]. - For the first quarter of 2024, Vitesse declared another dividend of $0.50 per share and subsequently increased the distribution by 5% to $0.525 per share for the second and third quarters [3]. - If the dividend payout remains steady, Vitesse Energy will return $2.10 per share annually [3]. Investment Considerations - To generate $1,000 in passive income in a year, an investor would need to own 476.2 shares of Vitesse Energy [3]. - Despite its focus on free cash flow and shareholder returns, Vitesse Energy's short operating history post-spinoff introduces a higher degree of risk [4]. - The company has struggled to generate adequate free cash flow to support its dividend payments over the past year, which may deter conservative investors [5].

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 ...

Vitesse Energy Inc. (VTS) is set to report second-quarter 2024 earnings on Aug 5, after the closing bell. Let us delve into the factors that are anticipated to have affected this upstream energy company's performance. However, before that, it would be worth taking a look at VTS's first-quarter performance. Highlights of Q1 Earnings & Surprise History The company's adjusted earnings per share of 34 cents beat the Zacks Consensus Estimate of 32 cents in the last reported quarter. Vitesse Energy's earnings bea ...

Company Overview - Vitesse Energy, Inc is a non-operated working and mineral interest owner primarily in the Bakken oil field in North Dakota[8] - The company has interests in 6,932 productive wells (159 net wells) with an average working interest of 2.7% per working interest well[8] - Vitesse estimates there are >200 remaining net undeveloped locations across its asset[9] Financial Highlights - Vitesse's net production is 12.6 MBoe/d in Q1 2024[10] - The company's oil weighting is 71%[12] - The company has a ~$60 million share repurchase program approved[7] - The company offers a ~9% fixed dividend yield based on the 5/3/24 closing price of $22.63[6,7] Asset Value - The company's 1P PV-10 is $682 million[9,11] - The company's PDP PV-10 is $521 million[9] - The standardized measure is $575,691 thousands[17]

Vitesse Energy, Inc. (NYSE:VTS) Q1 2024 Earnings Conference Call May 7, 2024 11:00 AM ET Company Participants Ben Messier - Director-Investor Relations and Business Development Bob Gerrity - Chairman and Chief Executive Officer Brian Cree - President Jimmy Henderson - Chief Financial Officer Conference Call Participants John White - ROTH Capital Partners Michael Schwartz - Jefferies Stephen Richardson - Evercore ISI Jeff Grampp - Alliance Global Partners Jeff Robertson - Water Tower Research Donovan Schafer ...

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 March 31, 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) (State or other jurisdict ...

VITESSE ENERGY ANNOUNCES FIRST QUARTER 2024 RESULTS AND ADDITIONAL NEAR- TERM DEVELOPMENT ACQUISITIONS, RAISES 2024 GUIDANCE AND INCREASES QUARTERLY CASH DIVIDEND TO $0.525 GREENWOOD VILLAGE, Colo. – May 6, 2024 – Vitesse Energy, Inc. (NYSE: VTS) ("we," "our," "Vitesse," or the "Company") today reported the Company's first quarter 2024 financial and operating results, announced additional acquisitions, raised 2024 guidance and declared an increased quarterly cash dividend. HIGHLIGHTS MANAGEMENT COMMENTS "Vi ...

Vitesse Energy, Inc. (NYSE:VTS) Q4 2023 Earnings Conference Call February 27, 2024 11:00 AM ET Company Participants Ben Messier - Director, Investor Relations and Business Development Bob Gerrity - Chairman and Chief Executive Officer Brian Cree - President Jimmy Henderson - Chief Financial Officer Conference Call Participants Michael Schwartz - Jefferies Chris Baker - Evercore ISI Jeff Grampp - Alliance Global Partners Donovan Schafer - Northland Capital Markets John White - ROTH Capital Partners Jeff Robe ...

VITESSE ENERGY ANNOUNCES FULL YEAR 2023 RESULTS AND DECLARES $0.50 QUARTERLY CASH DIVIDEND CENTENNIAL, Colo. – February 26, 2024 – Vitesse Energy, Inc. (NYSE: VTS) ("we," "our," "Vitesse," or "the Company") today announced the Company's 2023 financial and operating results and declared a quarterly cash dividend. HIGHLIGHTS Non-GAAP financial measure; see reconciliation schedules at the end of this release (1) MANAGEMENT COMMENTS Bob Gerrity, Vitesse's Chairman and Chief Executive Officer commented, "During ...