Vitesse Energy Inc

Earnings data Q1 2023

Earnings data Q2 2023

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Vitesse Energy Inc reports robust Q3 performance and outlines growth strategies

Vitesse Energy Inc's Q3 2024 performance reflects a strong operational and financial foundation with a focus on growth and cost management.
The company's strategic initiatives to enhance shareholder value and optimize production efficiency position it well for future success.
While facing challenges in investment clarity and operational risks, Vitesse Energy has opportunities to drive growth through strategic decisions and cost-effective measures.

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Vitesse Energy, Inc. engages in the acquisition, ownership, exploration, development, management, production, exploitation, and disposition of oil and gas properties. It focuses on acquiring non-operated working interest and royalty interest ownership primarily in the core of the Bakken Field in North Dakota and Montana. The company was founded on August 5, 2022 and is headquartered in Greenwood Village, CO.

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CENTENNIAL, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today announced the Company's third quarter 2023 financial and operating results and declared a quarterly cash dividend. HIGHLIGHTS Declared a quarterly cash dividend of $0.50 per common share to be paid on December 29, 2023 As previously announced, acquired additional oil and gas interests that will result in approximately $50.0 million of acquisition and related development capital.

Vitesse Energy Announces Third Quarter 2023 Results and Declares $0.50 Quarterly Cash Dividend

CENTENNIAL, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced that it plans to issue its third quarter 2023 financial and operating results on Wednesday, November 1, 2023, after market close. Additionally, the Company will host a conference call on Thursday, November 2, 2023, at 9:00 a.m. Eastern Time. Those wishing to listen to the conference call may do so via phone or the Company's webcast. Conference Call and Webcast Details: Date: Novembe.

Vitesse Energy Announces Third Quarter 2023 Earnings Release Date and Conference Call

CENTENNIAL, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced several impactful acquisitions, revised 2023 guidance and a preliminary outlook on 2024, and additional hedging. ACQUISITIONS Vitesse has acquired additional oil and gas interests in the Williston Basin of North Dakota that will result in approximately $50 million of acquisition and related development capital expenditures, primarily in the third and fourth quarters of 2023. These a.

Vitesse Energy Announces Several Impactful Acquisitions, Revised 2023 Guidance and Preliminary 2024 Outlook, and Additional Hedging

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CENTENNIAL, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (“Vitesse” or the “Company”) (NYSE: VTS) announced today the appointment of James Henderson as the Company's Chief Financial Officer. Mr. Henderson succeeds David Macosko, who is transitioning from the Company effective August 31, 2023. “Jimmy is a proven leader with a successful history in the energy industry, and I am eager to work with him as we move Vitesse forward in the years ahead,” said Bob Gerrity, Vitesse's Chairman and Chief Ex.

Vitesse Energy Announces Chief Financial Officer Transition

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Vitesse Energy is a non-operating energy producer with investments in multiple oil developers in the Williston Basin. Second quarter results showed strong cash flows and record low production costs, with potential for increased margins if oil prices rise. Vitesse's stock trades at $24.23 with a $2.00 dividend, and there is potential for the stock price to reach $40 per share.

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Vitesse Energy, Inc. (NYSE:VTS ) Q2 2023 Results Conference Call August 1, 2023 9:00 AM ET Company Participants Ben Messier - Director, IR Bob Gerrity - Chairman and CEO Brian Cree - President Dave Macosko - CFO Conference Call Participants Chris Baker - Evercore ISI Lloyd Byrne - Jefferies Donovan Schafer - Northland Capital Markets Michael Schwartz - Jefferies Operator Greetings. Welcome to Vitesse Energy Second Quarter 2023 Earnings Call.

Vitesse Energy, Inc. (VTS) Q2 2023 Earnings Call Transcript

CENTENNIAL, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today announced the Company's second quarter 2023 financial and operating results. HIGHLIGHTS Net income of $9.6 million and $11.4 million of Adjusted Net Income(1) Adjusted EBITDA(1) of $34.8 million Cash flow from operations of $39.0 million and Free Cash Flow(1) of $16.1 million Production of 11,359 barrels of oil equivalent (“Boe”) per day (67% oil) Total cash capital expenditures.

Vitesse Energy Announces Second Quarter 2023 Results

CENTENNIAL, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse”) today announced that its Board of Directors declared its third quarter cash dividend for Vitesse's common stock of $0.50 per share for stockholders of record as of September 15, 2023, which will be paid on September 29, 2023. Future declarations of quarterly dividends and the establishment of record and payment dates are subject to approval by the Board of Directors. ABOUT VITESSE ENERGY, INC. Vitesse Energy, Inc.

Vitesse Energy Declares $0.50 Quarterly Cash Dividend

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CENTENNIAL, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced that it plans to issue its second quarter 2023 financial and operating results on Monday, July 31, 2023, after market close. Additionally, the Company will host a conference call on Tuesday, August 1, 2023, at 9:00 a.m. Eastern Time. The Company will simultaneously post an updated corporate slide presentation with respect to those results on Vitesse's website, www.vitesse-vts.com, i.

Vitesse Energy Announces Second Quarter 2023 Earnings Release Date and Conference Call

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News for Vitesse Energy Inc Stock (VTS)