Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
10 January 2023Website:
http://vitesse-vts.comNext earnings report:
26 February 2025Last dividends:
16 September 2024Next dividends:
16 December 2024Price
after hours | Sat, 16 Nov 2024 00:08:03 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
VTS Latest News
Vitesse Energy, Inc. (NYSE:VTS ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Ben Messier - Director of Investor Relations and Business Development Bob Gerrity - Chairman and Chief Executive Officer Brian Cree - President James Henderson - Chief Financial Officer Conference Call Participants Jeff Grampp - Alliance Global Partners Noel Parks - Tuohy Brothers Operator Greetings. Welcome to the Vitesse Energy Third Quarter 2024 Earnings Call.
Vitesse Energy (VTS) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago.
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced that it plans to issue its third quarter 2024 financial and operating results on Monday, November 4, 2024, after market close. Additionally, the Company will host a conference call on Tuesday, November 5, 2024, at 11:00 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: Nov.
Vitesse Energy is the result of a spinoff from Jefferies Financial Group in 2023. An ultra-high-yield dividend makes Vitesse Energy look especially appealing.
Management uses a hedging strategy to protect the downside risk from a fall in the oil price. The strategy also isolates the risk to Vitesse's core strength, which is management's ability to identify attractive assets to invest in.
Vitesse Energy (VTS) came out with quarterly earnings of $0.35 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.34 per share a year ago.
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today reported the Company's second quarter 2024 financial and operating results. SECOND QUARTER 2024 HIGHLIGHTS As previously announced, declared a quarterly cash dividend of $0.525 per common share to be paid on September 30, 2024 Net income of $10.9 million and Adjusted Net Income(1) of $11.7 million Adjusted EBITDA(1) of $43.1 million Cash flow from operations of $35.2 mill.
A decline in natural gas prices and higher capex are likely to have affected Vitesse Energy's (VTS) earnings in Q2.
Here is how Vitesse Energy (VTS) and Weatherford (WFRD) have performed compared to their sector so far this year.
Vitesse (VTS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 1(current)
What type of business is Vitesse Energy?
Vitesse Energy, Inc., together with its subsidiaries, engages in the acquisition, development, and production of non-operated oil and natural gas properties in the United States. It owns and acquires non-operated working interest and royalty interest ownership in the Williston Basin properties located in North Dakota and Montana. The company also owns non-operated interests in the Central Rockies properties located in Colorado and Wyoming. Vitesse Energy, Inc. was founded in 2014 and is based in Greenwood Village, Colorado.
What sector is Vitesse Energy in?
Vitesse Energy is in the Energy sector
What industry is Vitesse Energy in?
Vitesse Energy is in the Oil & Gas Equipment & Services industry
What country is Vitesse Energy from?
Vitesse Energy is headquartered in United States
When did Vitesse Energy go public?
Vitesse Energy initial public offering (IPO) was on 10 January 2023
What is Vitesse Energy website?
https://vitesse-vts.com
Is Vitesse Energy in the S&P 500?
No, Vitesse Energy is not included in the S&P 500 index
Is Vitesse Energy in the NASDAQ 100?
No, Vitesse Energy is not included in the NASDAQ 100 index
Is Vitesse Energy in the Dow Jones?
No, Vitesse Energy is not included in the Dow Jones index
When was Vitesse Energy the previous earnings report?
No data
When does Vitesse Energy earnings report?
The next expected earnings date for Vitesse Energy is 26 February 2025