Vitesse Energy Q1 net loss $2.2M; dividend up 5% to $0.525; raises 2024 guidance

Vitesse Energy, Inc.

2024-Q1 EPS reported -$0.07 revenue$61,193,000

Quarterly dividend increased 5% to $0.525/share, payable June 28, 2024; record June 14, 2024.
Adjusted EBITDA $39.1M, Adjusted Net Income $10.2M, production 12,557 Boe/d (71% oil).
Announced Williston Basin acquisitions driving >$40M incremental capex in 2024.
Raised 2024 annual production guidance; total debt $98.0M, Net Debt/EBITDA 0.62.
332,840 shares retired for tax withholding at avg. $20.85 in Q1.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Vitesse Energy, Inc. reported the quarter ended March 31, 2024 results: net income Net loss of $2.2 million. Guidance raised.

Period: the quarter ended March 31, 2024
Net income: Net loss of $2.2 million
Guidance: raised
Result: reported results

Exact text from the filing

On May 6, 2024, Vitesse Energy, Inc. (the “Company”) issued a press release announcing its operating and financial results for the quarter ended March 31, 2024.

View on SEC.gov

1427 earnings releases filed in the last 30 days. Browse all earnings releases →

Vitesse Energy, Inc. filing history →

Source: SEC EDGAR

accession 0001944558-24-000062

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.