VTS Stock Recent News

Vitesse Energy (VTS) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to loss of $1.67 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 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: Date: May 7, 2024 T.

Vitesse Energy is a small cap, non-operated Bakken player with a lightly levered balance sheet and a high base dividend yield. The company has maintained a $0.50 quarterly dividend for four quarters, and we expect them to maintain this level in 2024 on our Base case. A 5x multiple of our 2024 Base Case EBITDA would result in nearly 30% appreciation.

Vitesse Energy, a newcomer to the oil industry, owns oil rights in Montana and North Dakota and generates substantial free cash flow and strong dividends. The company does not extract oil themselves but relies on larger companies to handle operations and marketing. Vitesse heavily hedges its production to protect profitability from potential drops in oil prices.

Vitesse Energy, Inc. (NYSE:VTS ) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Ben Messier - Director, IR Bob Gerrity - Chairman and CEO Brian Cree - President Jimmy Henderson - CFO Conference Call Participants John White - ROTH Capital Partners Donovan Schafer - Northland Capital Markets Jeff Brent - Alliance Global Partners Operator Greetings, and welcome to the Vitesse Energy Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Looking ahead to the coming year, now may be the time to consider what are the top energy stocks to watch. Sure, crude oil prices at present are falling back.

CENTENNIAL, Colo.--(BUSINESS WIRE)--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: Date: Novembe.

The high-yielding stock's dividend might not prove sustainable over the long term. Its hedging strategy provides some risk management, but it's a big ask to expect Vitesse to be agnostic to the movement in the price of oil.

Warren Buffett's Berkshire Hathaway added a trio of homebuilders to its portfolio last quarter. The investor's company exited three stocks and slashed several of its positions, SEC filings show.

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