| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/17/2024 | $29.00 | Neutral → Buy | Alliance Global Partners |
| 11/6/2024 | $26.00 | Buy → Neutral | Alliance Global Partners |
| 11/16/2023 | $27.00 | Buy | Alliance Global Partners |
| 10/17/2023 | $24.00 → $28.00 | Market Perform → Outperform | Northland Capital |
| 10/16/2023 | $30.50 | Buy | ROTH MKM |
| 8/9/2023 | $23.00 → $24.00 | Outperform → Market Perform | Northland Capital |
| 6/5/2023 | $22.00 → $25.00 | Outperform → In-line | Evercore ISI |
| 5/10/2023 | $23.00 | Market Perform → Outperform | Northland Capital |
| 4/12/2023 | $23.00 | Outperform → Market Perform | Northland Capital |
| 3/15/2023 | $23.00 | Buy | Jefferies |
Vitesse Energy, Inc. (NYSE:VTS) ("we," "our," "Vitesse," or the "Company") today reported the Company's fourth quarter and full year 2024 financial and operating results, declared an increased quarterly cash dividend and issued 2025 guidance for production and capital expenditures. HIGHLIGHTS Declared a quarterly cash dividend of $0.5625 per common share to be paid on March 31, 2025, a 7% increase from the prior quarter Closed previously announced accretive acquisition of Lucero Energy Corp. ("Lucero") on March 7, 2025 Full year 2024 net income of $21.1 million and Adjusted Net Income(1) of $35.7 million Full year 2024 Adjusted EBITDA(1) of $156.8 million Full year 2024 cash
Vitesse Energy, Inc. (NYSE:VTS) ("we," "our," "Vitesse," or the "Company") announced today the completion of its previously announced acquisition (the "Arrangement") of Lucero Energy Corp. (TSXV:LOU, OTCQB:PSHIF) ("Lucero"). The Arrangement was approved by Vitesse stockholders and Lucero shareholders on March 5, 2025 and March 6, 2025, respectively, and Lucero received the approval of the Court of King's Bench of Alberta on March 6, 2025. "We are pleased to complete the acquisition of Lucero, which is expected to increase our dividend and will provide additional liquidity to further our ability to make accretive acquisitions," said Bob Gerrity, Vitesse's Chairman and Chief Executive Office
Vitesse Energy, Inc. (NYSE:VTS) ("Vitesse" or the "Company") today announced that it plans to issue its full year and fourth quarter 2024 financial and operating results and 2025 guidance on Tuesday, March 11, 2025, following the expected close of the previously announced acquisition of Lucero Energy Corp. Additionally, the Company will host a conference call on Wednesday, March 12, 2025, 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: March 12, 2025 Time: 11:00 a.m. Eastern Time Dial-In: 877-407-0778 International Dial-In: +1 201-689-8565 Conference ID: 13751521 Webcast:
HIGHLIGHTS Following closing, acquisition of Lucero is expected to be immediately accretive to Vitesse's earnings, operating cash flow, free cash flow and net asset valueSubject to board approval and closing the transaction, Vitesse expects to increase its cash dividend from $2.10 to $2.25 per share on an annualized basisUpon closing, this acquisition strengthens Vitesse's financial position with expected near-term Net Debt to Adjusted EBITDA ratio of ~0.3xThe acquisition of Lucero provides Vitesse with an operational component to its strategy, as Lucero currently operates more than 65 producing wellsLucero operations provide flexibility in future capital spending with 2 gross (1.9 net) dril
HIGHLIGHTS Following closing, acquisition of Lucero is expected to be immediately accretive to Vitesse's earnings, operating cash flow, free cash flow and net asset value Subject to board approval and closing the transaction, Vitesse expects to increase its cash dividend from $2.10 to $2.25 per share on an annualized basis Upon closing, this acquisition strengthens Vitesse's financial position with expected near-term Net Debt to Adjusted EBITDA ratio of ~0.3x The acquisition of Lucero provides Vitesse with an operational component to its strategy, as Lucero currently operates more than 65 producing wells Lucero operations provide flexibility in future capital spending with 2
Vitesse Energy, Inc. (NYSE:VTS) ("we," "our," "Vitesse," or the "Company") today reported the Company's third quarter 2024 financial and operating results, revised 2024 guidance, and provided a preliminary outlook for 2025. THIRD QUARTER 2024 HIGHLIGHTS As previously announced, declared a quarterly cash dividend of $0.525 per common share to be paid on December 31, 2024 Net income of $17.4 million and Adjusted Net Income(1) of $7.6 million Adjusted EBITDA(1) of $37.6 million Cash flow from operations of $45.7 million and Free Cash Flow(1) of $18.6 million Production of 13,009 barrels of oil equivalent ("Boe") per day (68% oil) Total cash development capital expenditures and acq
Vitesse Energy, Inc. (NYSE:VTS) ("Vitesse") today announced that its Board of Directors declared its fourth quarter cash dividend for Vitesse's common stock of $0.525 per share for stockholders of record as of December 16, 2024, which will be paid on December 31, 2024. ABOUT VITESSE ENERGY, INC. Vitesse Energy, Inc. is focused on returning capital to stockholders through owning financial interests as a non-operator in oil and gas wells drilled by leading US operators. More information about Vitesse can be found at www.vitesse-vts.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20241030850146/en/
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: November 5, 2024 Time: 11:00 a.m. Eastern Time Dial-In: 877-407-0778 International Dial-In: 201-689-8565 Conference ID: 13749630 Webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=FvHfBt4X Replay Information: A repla
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 million and Free Cash Flow(1) of $15.9 million Production of 13,504 barrels of oil equivalent ("Boe") per day (70% oil) Total cash development capital expenditures and acquisition costs of $37.6 million Total debt of $115.0 m
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 $0.525 per share for stockholders of record as of September 16, 2024, which will be paid on September 30, 2024. ABOUT VITESSE ENERGY, INC. Vitesse Energy, Inc. is focused on returning capital to stockholders through owning financial interests as a non-operator in oil and gas wells drilled by leading US operators. More information about Vitesse can be found at www.vitesse-vts.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240730854009/en/
Alliance Global Partners upgraded Vitesse from Neutral to Buy and set a new price target of $29.00
Alliance Global Partners downgraded Vitesse from Buy to Neutral and set a new price target of $26.00
Alliance Global Partners initiated coverage of Vitesse with a rating of Buy and set a new price target of $27.00
Northland Capital upgraded Vitesse from Market Perform to Outperform and set a new price target of $28.00 from $24.00 previously
ROTH MKM initiated coverage of Vitesse with a rating of Buy and set a new price target of $30.50
Northland Capital downgraded Vitesse from Outperform to Market Perform and set a new price target of $24.00 from $23.00 previously
Evercore ISI downgraded Vitesse from Outperform to In-line and set a new price target of $25.00 from $22.00 previously
Northland Capital upgraded Vitesse from Market Perform to Outperform and set a new price target of $23.00
Northland Capital downgraded Vitesse from Outperform to Market Perform and set a new price target of $23.00
Jefferies initiated coverage of Vitesse with a rating of Buy and set a new price target of $23.00
SCHEDULE 13D/A - Vitesse Energy, Inc. (0001944558) (Subject)
8-K - Vitesse Energy, Inc. (0001944558) (Filer)
8-K - Vitesse Energy, Inc. (0001944558) (Filer)
DEFM14A - Vitesse Energy, Inc. (0001944558) (Filer)
PREM14A - Vitesse Energy, Inc. (0001944558) (Filer)
DEFA14A - Vitesse Energy, Inc. (0001944558) (Filer)
8-K - Vitesse Energy, Inc. (0001944558) (Filer)
DEFA14A - Vitesse Energy, Inc. (0001944558) (Filer)
DEFA14A - Vitesse Energy, Inc. (0001944558) (Filer)
8-K - Vitesse Energy, Inc. (0001944558) (Filer)
Vitesse Energy, Inc. (NYSE:VTS) ("we," "our," "Vitesse," or the "Company") today reported the Company's fourth quarter and full year 2024 financial and operating results, declared an increased quarterly cash dividend and issued 2025 guidance for production and capital expenditures. HIGHLIGHTS Declared a quarterly cash dividend of $0.5625 per common share to be paid on March 31, 2025, a 7% increase from the prior quarter Closed previously announced accretive acquisition of Lucero Energy Corp. ("Lucero") on March 7, 2025 Full year 2024 net income of $21.1 million and Adjusted Net Income(1) of $35.7 million Full year 2024 Adjusted EBITDA(1) of $156.8 million Full year 2024 cash
Vitesse Energy, Inc. (NYSE:VTS) ("we," "our," "Vitesse," or the "Company") announced today the completion of its previously announced acquisition (the "Arrangement") of Lucero Energy Corp. (TSXV:LOU, OTCQB:PSHIF) ("Lucero"). The Arrangement was approved by Vitesse stockholders and Lucero shareholders on March 5, 2025 and March 6, 2025, respectively, and Lucero received the approval of the Court of King's Bench of Alberta on March 6, 2025. "We are pleased to complete the acquisition of Lucero, which is expected to increase our dividend and will provide additional liquidity to further our ability to make accretive acquisitions," said Bob Gerrity, Vitesse's Chairman and Chief Executive Office
Vitesse Energy, Inc. (NYSE:VTS) ("Vitesse" or the "Company") today announced that it plans to issue its full year and fourth quarter 2024 financial and operating results and 2025 guidance on Tuesday, March 11, 2025, following the expected close of the previously announced acquisition of Lucero Energy Corp. Additionally, the Company will host a conference call on Wednesday, March 12, 2025, 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: March 12, 2025 Time: 11:00 a.m. Eastern Time Dial-In: 877-407-0778 International Dial-In: +1 201-689-8565 Conference ID: 13751521 Webcast:
HIGHLIGHTS Following closing, acquisition of Lucero is expected to be immediately accretive to Vitesse's earnings, operating cash flow, free cash flow and net asset valueSubject to board approval and closing the transaction, Vitesse expects to increase its cash dividend from $2.10 to $2.25 per share on an annualized basisUpon closing, this acquisition strengthens Vitesse's financial position with expected near-term Net Debt to Adjusted EBITDA ratio of ~0.3xThe acquisition of Lucero provides Vitesse with an operational component to its strategy, as Lucero currently operates more than 65 producing wellsLucero operations provide flexibility in future capital spending with 2 gross (1.9 net) dril
HIGHLIGHTS Following closing, acquisition of Lucero is expected to be immediately accretive to Vitesse's earnings, operating cash flow, free cash flow and net asset value Subject to board approval and closing the transaction, Vitesse expects to increase its cash dividend from $2.10 to $2.25 per share on an annualized basis Upon closing, this acquisition strengthens Vitesse's financial position with expected near-term Net Debt to Adjusted EBITDA ratio of ~0.3x The acquisition of Lucero provides Vitesse with an operational component to its strategy, as Lucero currently operates more than 65 producing wells Lucero operations provide flexibility in future capital spending with 2
Vitesse Energy, Inc. (NYSE:VTS) ("we," "our," "Vitesse," or the "Company") today reported the Company's third quarter 2024 financial and operating results, revised 2024 guidance, and provided a preliminary outlook for 2025. THIRD QUARTER 2024 HIGHLIGHTS As previously announced, declared a quarterly cash dividend of $0.525 per common share to be paid on December 31, 2024 Net income of $17.4 million and Adjusted Net Income(1) of $7.6 million Adjusted EBITDA(1) of $37.6 million Cash flow from operations of $45.7 million and Free Cash Flow(1) of $18.6 million Production of 13,009 barrels of oil equivalent ("Boe") per day (68% oil) Total cash development capital expenditures and acq
Vitesse Energy, Inc. (NYSE:VTS) ("Vitesse") today announced that its Board of Directors declared its fourth quarter cash dividend for Vitesse's common stock of $0.525 per share for stockholders of record as of December 16, 2024, which will be paid on December 31, 2024. ABOUT VITESSE ENERGY, INC. Vitesse Energy, Inc. is focused on returning capital to stockholders through owning financial interests as a non-operator in oil and gas wells drilled by leading US operators. More information about Vitesse can be found at www.vitesse-vts.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20241030850146/en/
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: November 5, 2024 Time: 11:00 a.m. Eastern Time Dial-In: 877-407-0778 International Dial-In: 201-689-8565 Conference ID: 13749630 Webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=FvHfBt4X Replay Information: A repla
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 million and Free Cash Flow(1) of $15.9 million Production of 13,504 barrels of oil equivalent ("Boe") per day (70% oil) Total cash development capital expenditures and acquisition costs of $37.6 million Total debt of $115.0 m
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 $0.525 per share for stockholders of record as of September 16, 2024, which will be paid on September 30, 2024. ABOUT VITESSE ENERGY, INC. Vitesse Energy, Inc. is focused on returning capital to stockholders through owning financial interests as a non-operator in oil and gas wells drilled by leading US operators. More information about Vitesse can be found at www.vitesse-vts.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240730854009/en/
SC 13D/A - Vitesse Energy, Inc. (0001944558) (Subject)
4 - Vitesse Energy, Inc. (0001944558) (Issuer)
4 - Vitesse Energy, Inc. (0001944558) (Issuer)
3 - Vitesse Energy, Inc. (0001944558) (Issuer)
3 - Vitesse Energy, Inc. (0001944558) (Issuer)
4 - Vitesse Energy, Inc. (0001944558) (Issuer)
4 - Vitesse Energy, Inc. (0001944558) (Issuer)
4 - Vitesse Energy, Inc. (0001944558) (Issuer)
4 - Vitesse Energy, Inc. (0001944558) (Issuer)
4 - Vitesse Energy, Inc. (0001944558) (Issuer)
4 - Vitesse Energy, Inc. (0001944558) (Issuer)
4 - Vitesse Energy, Inc. (0001944558) (Issuer)
Vitesse Energy, Inc. ("Vitesse" or the "Company") (NYSE:VTS) announced today the appointment of James Henderson as the Company's Chief Financial Officer. Mr. Henderson succeeds David Macosko, who is transitioning from the Company effective August 31, 2023. "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. We wish Dave the very best." Mr. Henderson stated, "I am excited to join t