earnings
confidence high
sentiment positive
materiality 0.70
Vitesse Energy Q2 2024 net income $10.9M, increases dividend 5% to $0.525/share
Vitesse Energy, Inc.
2024-Q2 EPS reported
$0.27
revenue$127,792,000
- Net income $10.9M, Adjusted Net Income $11.7M; Adjusted EBITDA $43.1M.
- Production 13,504 Boe/d (70% oil); cash flow from ops $35.2M, free cash flow $15.9M.
- Declared $0.525/share quarterly dividend payable Sept 30; increased 5% from prior quarter.
- Total debt $115M, Net Debt/Adjusted EBITDA 0.67; capex and acquisitions $37.6M.