earnings
confidence high
sentiment neutral
materiality 0.65
Vitesse Energy Q1 net income $2.7M, Adjusted EBITDA $39.9M; closes Lucero acquisition
Vitesse Energy, Inc.
2025-Q1 EPS reported
$0.08
revenue$66,171,000
- Net income $2.7M, Adjusted Net Income $8.0M, Adjusted EBITDA $39.9M.
- Production 14,971 Boe/d (68% oil); operating cash flow $17.5M, FCF $9.1M.
- Closed accretive acquisition of Lucero Energy Corp. on March 7, 2025.
- Declared Q2 dividend $0.5625/share ($2.25 annual), payable June 30, 2025.
- Total debt $117.0M, Net Debt/Adjusted EBITDA 0.71; retired 345k shares for tax.