M&A
confidence high
sentiment neutral
materiality 0.75
Vitesse Energy signs $35M stock acquisition; FY2025 net income $25.3M, dividend cut to $0.4375
Vitesse Energy, Inc.
- Acquired non-operated Powder River Basin assets for $35M in stock; expected close Q2 2026, accretive to key metrics.
- FY2025 net income $25.3M, adjusted net income $30.4M, adjusted EBITDA $179.3M.
- FY2025 production 17,444 Boe/d (65% oil); cash from ops $170.3M, free cash flow $48.9M.
- Quarterly dividend reduced to $0.4375 from $0.5625; payable March 31, 2026 to holders of record March 16.
- Total debt $124.5M, net debt to adjusted EBITDA 0.69x.