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) will release its first quarter 2023 financial and operating results on May 8, 2023, after market close. The company will host a conference call to discuss these results on May 9, 2023, at 9:00 a.m. Eastern Time. Investors can access the call by phone or via webcast. The Company is committed to returning capital to its shareholders through financial interests in oil and gas wells operated by top U.S. firms. A replay of the conference call will be available until May 16, 2023. More details can be found on Vitesse's website.
Vitesse Energy (NYSE: VTS) reported impressive 2022 results with a net income of $118.9 million, marking a 682% increase over the previous year. The company achieved an average daily production of 10,376 Boe, up 4% from 2021, with oil making up 68% of total production. Adjusted EBITDA rose by 58% to $167.6 million, and total revenue reached $300.1 million, a 55% increase. Vitesse declared a quarterly cash dividend of $0.50 per share to be paid on March 31, 2023. Additionally, a $60 million share repurchase program was approved, underscoring the company's commitment to enhancing shareholder return.
Vitesse Energy, Inc. (NYSE: VTS) announced its plan to release year-end 2022 financial results on February 13, 2023, following which a conference call will be held on February 14, 2023, at 9:00 a.m. EST. The results and an updated corporate presentation will be available on Vitesse’s website. Investors can join the conference call via phone or webcast. Replay options will be offered until February 21, 2023. Vitesse focuses on capital return to stockholders through non-operating interests in US oil and gas wells.
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