secwatch.observer — SEC 8-K summary
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Issuer:     Vitesse Energy, Inc. (VTS)
CIK:        0001944558
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001944558-23-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vitesse Energy reports FY2022 net income $118.9M, declares $0.50 quarterly dividend
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- Net income $118.9M (up 682% YoY); revenue $300.1M (up 55%); Adjusted EBITDA $167.6M (up 58%).
- Production 10,376 Boe/d (68% oil), up 4% YoY. Net debt to Adjusted EBITDA ratio 0.23 (down from 0.59).
- Declared initial quarterly cash dividend of $0.50/share, payable March 31, 2023 to holders of record March 15, 2023.
- Board approved $60M share repurchase program. Completed spin-off from Jefferies and acquisition of VO on Jan 13, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1944558/000194455823000020/0001944558-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1944558/000194455823000020/vitesse-20230208.htm
  HTML page:      https://secwatch.observer/filing/0001944558-23-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer