0001944558FALSE5619 DTC Parkway,Suite 700Greenwood Village,Colorado00019445582026-03-112026-03-11
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________________
FORM 8-K
________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 11, 2026
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Vitesse Energy, Inc.
(Exact name of registrant as specified in its charter)
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| Delaware | | 001-41546 | | 88-3617511 |
(State or other jurisdiction of
incorporation or organization) | | (Commission
File Number) | | (IRS. Employer
Identification No.) |
| | | | | | | | |
5619 DTC Parkway, Suite 700 Greenwood Village, Colorado | | 80111 |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (720) 361-2500
________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2, below):
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| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Exchange Act:
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| Title of each class | | Trading
Symbol(s) | | Name of each exchange
on which registered |
| Common Stock, par value $0.01 per share | | VTS | | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 11, 2026, Bruce Chernoff notified the Board of Directors of Vitesse Energy, Inc. (the “Company”) of his resignation as a director of the Company effective March 13, 2026. Mr. Chernoff’s decision was not based on any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Company thanks Mr. Chernoff for his service
Item 7.01 Regulation FD Disclosure
On March 13, 2026, the Company issued a press release announcing a hedging update and Mr. Chernoff’s resignation. The press release is furnished herewith as Exhibit 99.1 and is incorporated by reference into this Item 7.01.
The information in this Item 7.01 of this Current Report on Form 8-K, including the exhibit hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (“Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits
(d)
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Exhibit Number | | Description |
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| 99.1 | | Press Release issued March 13, 2026 |
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| 104 | | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| Date: March 13, 2026 | VITESSE ENERGY, INC. |
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| /s/ James P. Henderson |
| James P. Henderson |
| Chief Financial Officer |
VITESSE ENERGY ANNOUNCES HEDGING UPDATE AND BOARD MEMBER TRANSITION
GREENWOOD VILLAGE, Colo. – Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced a hedging update related to opportunistic additional hedges through 2027 at price levels that support its dividend, along with the transition of M. Bruce Chernoff from Vitesse’s Board of Directors (the “Vitesse Board”).
HEDGING UPDATE
Vitesse hedges a portion of its expected oil, natural gas, and NGL production volumes to increase the predictability and certainty of its cash flow and to help maintain a strong financial position to support its dividend. In light of the recent commodity price environment, the Company has added substantial hedges and select NGL hedges since it released its fourth quarter and full year 2025 results. Based on the midpoint of its previously released annual 2026 guidance, Vitesse has approximately 67% of its 2026 oil production hedged. The following table summarizes Vitesse’s open commodity derivative contracts scheduled to settle after December 31, 2025, including those entered in 2026.
Crude oil swaps:
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| INDEX | | SETTLEMENT PERIOD | | VOLUME HEDGED (Bbls) | | WEIGHTED AVERAGE FIXED PRICE |
| WTI-NYMEX | | Q1 2026 | | 529,291 | | $65.87 |
| WTI-NYMEX | | Q2 2026 | | 613,509 | | $66.77 |
| WTI-NYMEX | | Q3 2026 | | 490,679 | | $65.01 |
| WTI-NYMEX | | Q4 2026 | | 427,155 | | $64.20 |
| WTI-NYMEX | | Q1 2027 | | 135,000 | | $63.51 |
| WTI-NYMEX | | Q2 2027 | | 330,000 | | $65.25 |
| WTI-NYMEX | | Q3 2027 | | 285,000 | | $65.74 |
| WTI-NYMEX | | Q4 2027 | | 285,000 | | $65.74 |
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Crude oil collars:
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| INDEX | | SETTLEMENT PERIOD | | VOLUME HEDGED (Bbls) | | WEIGHTED AVERAGE FLOOR/CEILING PRICE |
| WTI-NYMEX | | 3/1/2026 | | 15,000 | | $60.00 / $70.00 |
| WTI-NYMEX | | Q2 2026 | | 135,000 | | $60.00 / $67.20 |
| WTI-NYMEX | | Q3 2026 | | 168,000 | | $58.04 / $67.51 |
| WTI-NYMEX | | Q4 2026 | | 168,000 | | $58.04 / $67.51 |
| WTI-NYMEX | | Q1 2027 | | 300,000 | | $55.75 / $66.44 |
| WTI-NYMEX | | Q2 2027 | | 45,000 | | $60.00 / $64.25 |
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Natural gas collars:
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| INDEX | | SETTLEMENT PERIOD | | VOLUME HEDGED (MMbtu) | | WEIGHTED AVERAGE FLOOR/CEILING PRICE |
| Henry Hub-NYMEX | | Q1 2026 | | 1,526,700 | | $3.73 / $4.94 |
| Henry Hub-NYMEX | | Q2 2026 | | 1,578,700 | | $3.73 / $4.91 |
| Henry Hub-NYMEX | | Q3 2026 | | 1,510,800 | | $3.73 / $4.90 |
| Henry Hub-NYMEX | | Q4 2026 | | 1,452,700 | | $3.73 / $4.90 |
| Henry Hub-NYMEX | | Q1 2027 | | 795,000 | | $4.00 / $5.68 |
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Natural gas basis swaps: | | | | | | | | | | | | | | | | | | | | |
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| INDEX | | SETTLEMENT PERIOD | | VOLUME HEDGED (MMbtu) | | WEIGHTED AVERAGE FIXED PRICE |
| Chicago City Gate to Henry Hub | | 2026 | | 6,068,900 | | $(0.10) |
| Chicago City Gate to Henry Hub | | 2027 | | 795,000 | | $0.30 |
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Natural gas liquids swaps:
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| INDEX | | SETTLEMENT PERIOD | | VOLUME HEDGED (Gallons) | | WEIGHTED AVERAGE FIXED PRICE |
| Mont Belvieu Ethane | | 2026 | | 2,176,000 | | $0.26 |
| Conway Propane | | 2026 | | 3,323,000 | | $0.71 |
| Mont Belvieu Iso-Butane | | 2026 | | 417,000 | | $0.91 |
| Mont Belvieu Normal Butane | | 2026 | | 1,248,000 | | $0.88 |
| Mont Belvieu Natural Gasoline | | 2026 | | 1,541,000 | | $1.34 |
| Conway Propane | | 2027 | | 1,560,000 | | $0.67 |
| Mont Belvieu Iso-Butane | | 2027 | | 180,000 | | $0.84 |
| Mont Belvieu Normal Butane | | 2027 | | 600,000 | | $0.81 |
| Mont Belvieu Natural Gasoline | | 2027 | | 720,000 | | $1.29 |
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BOARD MEMBER TRANSITION
Effective March 13, 2026, Mr. Chernoff resigned from the Vitesse Board due to personal time constraints. The Company expresses its gratitude toward Mr. Chernoff, a former director of Lucero Energy Corp. prior to its merger with Vitesse, for his beneficial contributions to the Board.
ABOUT VITESSE ENERGY, INC.
Vitesse Energy, Inc. is focused on returning capital to stockholders through owning financial interests predominantly as a non-operator in oil and gas wells drilled by leading U.S. operators.
More information about Vitesse can be found at www.vitesse-vts.com.
Vitesse Energy, Inc. • 5619 DTC Parkway, Suite 700 • Greenwood Village, CO 80111
FORWARD-LOOKING STATEMENTS
This press release 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 release regarding Vitesse’s financial position, operating and financial performance, business strategy, dividend plans and practices, guidance, plans and objectives of management for future operations, and industry conditions are forward-looking statements. When used in this release, forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “continue,” “anticipate,” “target,” “could,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may” or other words and similar expressions that convey the uncertainty of future events or outcomes. Items contemplating or making assumptions about actual or potential future production and sales, market size, collaborations, and trends or operating results also constitute such forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond Vitesse’s control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following: changes in oil and natural gas prices; the pace of drilling and completions activity on Vitesse’s properties; Vitesse’s ability to acquire additional development opportunities; potential acquisition transactions; integration and benefits of acquisitions or the effects of such acquisitions on Vitesse’s cash position and levels of indebtedness; changes in Vitesse’s reserves estimates or the value thereof; disruptions to Vitesse’s business due to acquisitions and other significant transactions; infrastructure constraints and related factors affecting Vitesse’s properties; cost inflation or supply chain disruption; ongoing legal disputes over the Dakota Access Pipeline; the impact of general economic or industry conditions, nationally and/or in the communities in which Vitesse conducts business; changes in the interest rate environment, legislation or regulatory requirements; changes in U.S. trade policy, including the imposition of and changes in tariffs and resulting consequences; conditions of the securities markets; Vitesse’s ability to raise or access capital; cyber-related risks; changes in accounting principles, policies or guidelines; and financial or political instability, health-related epidemics, acts of war (including hostilities in the Middle East, the conflict in Ukraine and the evolving situation in Venezuela) or terrorism, and other economic, competitive, governmental, regulatory and technical factors affecting Vitesse’s operations, products and prices. Additional information concerning potential factors that could affect future results is included in the section entitled “Item 1A. Risk Factors” and other sections of Vitesse’s Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as updated from time to time in amendments and subsequent reports filed with the Securities and Exchange Commission, which describe factors that could cause Vitesse’s actual results to differ from those set forth in the forward looking statements.
Vitesse has based these forward-looking statements on its current expectations and assumptions about future events. While management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many
Vitesse Energy, Inc. • 5619 DTC Parkway, Suite 700 • Greenwood Village, CO 80111
of which are beyond Vitesse’s control. Vitesse does not undertake any duty to update or revise any forward-looking statements, except as may be required by the federal securities laws.
INVESTOR AND MEDIA CONTACT
Ben Messier, CFA
Director – Investor Relations and Business Development
(720) 532-8232
benmessier@vitesse-vts.com
Vitesse Energy, Inc. • 5619 DTC Parkway, Suite 700 • Greenwood Village, CO 80111
