VITESSE ENERGY, INC.


Associated tags: Energy, Oil, Gas, VTS, NYSE, Alternative Energy, Other Energy, Utilities, Coal, Other Natural Resources, Natural Resources, Holding company, Vitesse, Nuclear, Conference, Broadcasting

Locations: UNITED STATES, NORTH AMERICA, COLORADO, BOE, NORTH DAKOTA, SEWELL, CHEVRON

Vitesse Energy Announces First Quarter 2024 Results and Additional Near-Term Development Acquisitions, Raises 2024 Guidance and Increases Quarterly Cash Dividend to $0.525

Retrieved on: 
Monday, May 6, 2024

Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today reported the Company’s first quarter 2024 financial and operating results, announced additional acquisitions, raised 2024 guidance and declared an increased quarterly cash dividend.

Key Points: 
  • Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today reported the Company’s first quarter 2024 financial and operating results, announced additional acquisitions, raised 2024 guidance and declared an increased quarterly cash dividend.
  • On March 29, 2024, the Company paid its first quarter cash dividend of $0.50 per share to common stockholders of record as of March 15, 2024.
  • Oil and natural gas production for the first quarter of 2024 averaged 12,557 Boe per day, a decrease of 8% from the fourth quarter of 2024.
  • First quarter 2024 production was negatively impacted by widespread operating disruptions due to severe winter weather in North Dakota in January 2024.

Vitesse Energy Announces First Quarter 2024 Earnings Release Date and Conference Call

Retrieved on: 
Monday, April 22, 2024

Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced that it plans to issue its first quarter 2024 financial and operating results on Monday, May 6, 2024, after market close.

Key Points: 
  • Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced that it plans to issue its first quarter 2024 financial and operating results on Monday, May 6, 2024, after market close.
  • Additionally, the Company will host a conference call on Tuesday, May 7, 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:

Vitesse Energy Announces Year-End 2023 Earnings Release Date and Conference Call

Retrieved on: 
Tuesday, February 6, 2024

Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced that it plans to issue its year-end 2023 financial and operating results on Monday, February 26, 2024, after market close.

Key Points: 
  • Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced that it plans to issue its year-end 2023 financial and operating results on Monday, February 26, 2024, after market close.
  • Additionally, the Company will host a conference call on Tuesday, February 27, 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:

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

Retrieved on: 
Wednesday, November 1, 2023

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.

Key Points: 
  • 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.
  • On September 29, 2023, the Company paid its third quarter cash dividend of $0.50 per share to common stockholders of record as of September 15, 2023.
  • Total revenue, including the effects of our realized hedges, for the third quarter of 2023 was $53.6 million.
  • As of September 30, 2023, Vitesse had $1.7 million in cash and $56.0 million of borrowings outstanding on its revolving credit facility.

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

Retrieved on: 
Wednesday, October 18, 2023

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.

Key Points: 
  • 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:

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

Retrieved on: 
Monday, October 9, 2023

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.

Key Points: 
  • 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.
  • With these additional investments and updated timing of well connects, the Company has revised its 2023 guidance and is providing a preliminary outlook for 2024.
  • During the third quarter, Vitesse added to its oil hedges for both 2023 and 2024.
  • Based on the midpoint of its revised 2023 oil guidance and preliminary 2024 outlook, Vitesse has 51% of its estimated fourth quarter 2023 oil production hedged and 41% of its preliminary 2024 oil production hedged.

Vitesse Energy Announces Chief Financial Officer Transition

Retrieved on: 
Wednesday, August 30, 2023

Vitesse Energy, Inc. (“Vitesse” or the “Company”) (NYSE: VTS) announced today the appointment of James Henderson as the Company’s Chief Financial Officer.

Key Points: 
  • Vitesse Energy, Inc. (“Vitesse” or the “Company”) (NYSE: VTS) announced today the appointment of James Henderson as the Company’s Chief Financial Officer.
  • “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 Executive Officer.
  • “I also would like to express Vitesse’s sincere appreciation to Dave for his many contributions during his tenure as Chief Financial Officer.
  • Prior to joining Whiting, Mr. Henderson served as Executive Vice President and Chief Financial Officer of SRC Energy Inc. and Kodiak Oil & Gas Corporation.

Vitesse Energy Announces Second Quarter 2023 Results

Retrieved on: 
Monday, July 31, 2023

Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today announced the Company’s second quarter 2023 financial and operating results.

Key Points: 
  • Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today announced the Company’s second quarter 2023 financial and operating results.
  • Oil and gas production for the second quarter of 2023 averaged 11,359 Boe per day, a decrease of 1% from the first quarter of 2023.
  • Lease operating expenses in the second quarter of 2023 were $9.3 million, or $9.01 per Boe, an increase of 3% on a per unit basis compared to the first quarter of 2023.
  • In the second quarter, Vitesse consented to 97 gross (3.5 net) well authorization for expenditures (“AFEs”), an increase on a net basis over the first quarter of 2023.

Vitesse Energy Declares $0.50 Quarterly Cash Dividend

Retrieved on: 
Thursday, July 27, 2023

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.

Key Points: 
  • 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.