secwatch.observer — SEC 8-K summary
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Issuer:     Vitesse Energy, Inc. (VTS)
CIK:        0001944558
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001944558-24-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vitesse Energy reports FY2023 net loss $19.7M, adj net income $53.6M; declares $0.50 quarterly dividend
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- Net loss of $19.7M, Adjusted Net Income of $53.6M, Adjusted EBITDA $157.0M.
- Production 11,889 Boe/d (68% oil), up 15% YoY; Q4 production 13,652 Boe/d (72% oil).
- Declared Q1 2024 cash dividend of $0.50/share, payable March 29, 2024 to holders of record March 15, 2024.
- Total debt $81.0M, Net Debt to Adjusted EBITDA ratio of 0.51.
- Cash flow from operations $141.9M, Free Cash Flow $60.7M, capex & acquisitions $120.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1944558/000194455824000022/0001944558-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1944558/000194455824000022/vitesse-20240226.htm
  HTML page:      https://secwatch.observer/filing/0001944558-24-000022

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