earnings
confidence medium
sentiment neutral
materiality 0.55
Vitesse Energy Q3 net income $17.4M; production 13,009 Boe/d; quarterly dividend $0.525
Vitesse Energy, Inc.
2024-Q3 EPS reported
$0.80
revenue$186,072,000
- Net income $17.4M, Adjusted Net Income $7.6M, Adjusted EBITDA $37.6M.
- Production 13,009 Boe/day (68% oil); cash flow from ops $45.7M; Free Cash Flow $18.6M.
- Declared Q4 dividend $0.525/share payable Dec 31, 2024; unchanged from Q3.
- Total debt $105.0M, Net Debt/Adjusted EBITDA 0.68; net debt reduced by $10M in Q3.
- Revised 2024 guidance and preliminary FY2025 outlook provided; specific numbers not in excerpt.