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

8 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.