Welcome to our dedicated page for Vitesse Energy news (Ticker: VTS), a resource for investors and traders seeking the latest updates and insights on Vitesse Energy stock.
Vitesse Energy Inc. (VTS) provides strategic non-operated interests in U.S. oil & gas assets through partnerships with leading operators. This news hub delivers official updates on capital allocation decisions, production developments, and financial performance.
Investors access curated press releases covering quarterly earnings, asset acquisitions, and regulatory filings. Analysts benefit from consolidated reporting on well productivity in core basins like the Williston and Powder River. Media professionals find verified operational updates without speculative commentary.
All content undergoes strict verification to ensure accurate representation of VTS's unique investment model. Bookmark this page for real-time insights into the company's revenue-generating assets and capital distribution strategies.
Vitesse Energy, Inc. (NYSE: VTS) reported Q1 2024 results, acquired new assets, raised 2024 guidance, and increased dividend to $0.525. They had a net loss of $2.2 million, but an Adjusted Net Income of $10.2 million. Adjusted EBITDA was $39.1 million. Oil & gas production averaged 12,557 Boe per day. Total revenue was $62.0 million. Vitesse's total debt was $98.0 million, with a Net Debt to Adjusted EBITDA ratio of 0.62. They are focusing on capital returns, new acquisitions, and increasing production for 2024.