For Q1 FY2026 ended March 31, 2026, Vitesse Energy reported revenue of $67.4 million, up 1.9% year-over-year. Operating income was $5.9 million, a 9.9% increase. However, net income was a loss of $42.3 million, and diluted EPS was -$1.05, both significantly down from the prior year. Cash stood at $3.2 million, and total equity was $570.4 million.
•Revenue increased 1.9% YoY to $67.4 million.
•Operating income rose 9.9% to $5.9 million.
•Net loss of $42.3 million, compared to a small profit in the prior year.
•Diluted EPS of -$1.05, down from $0.08 in Q1 FY2025.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Vitesse Energy provides the acquisition, development, and production of non-operated oil and natural gas properties in the United States. The company acquires and owns non-operated working interest and royalty interest ownership in the Williston Basin properties covering 53,301 net acres located in North Dakota and Montana. It also owns non-operated interests in the Central Rockies properties located in Colorado and Wyoming. Founded in 2014, the company is based in Greenwood Village, Colorado.
Vitesse Energy, Inc. is an energy company focused on the acquisition, development, and production of non-operated oil and natural gas properties in the United States. The company primarily acquires and owns non-operated working interests and royalty interests in the Williston Basin, which spans 53,301 net acres across North Dakota and Montana. Additionally, Vitesse holds non-operated interests in the Central Rockies properties located in Colorado and Wyoming. By focusing on non-operated interests, the company participates in drilling and production activities without bearing the full operational responsibilities, allowing it to benefit from the expertise of operators while maintaining a diversified asset portfolio.
Where is Vitesse Energy (VTS) listed and in what currency?
Vitesse Energy, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol VTS. The company trades in US Dollars (USD), as it is headquartered in the United States and its financial reporting is conducted in USD. The NYSE is one of the largest stock exchanges globally, providing liquidity and visibility for publicly traded companies. Investors can buy and sell VTS shares during regular trading hours on the NYSE, with prices quoted in USD.
What sector and industry does Vitesse Energy (VTS) operate in?
Vitesse Energy operates in the Energy sector, specifically within the Oil & Gas Exploration and Production (E&P) industry. As an E&P company, Vitesse is involved in the acquisition, development, and production of oil and natural gas reserves. The company's activities are focused on non-operated working interests and royalty interests, meaning it partners with other operators to develop properties rather than managing day-to-day drilling operations. This strategy allows Vitesse to participate in the upside of oil and gas production while mitigating some operational risks.
Where is Vitesse Energy (VTS) headquartered and what regions does it serve?
Vitesse Energy, Inc. is headquartered in Greenwood Village, Colorado, United States. The company's operations are concentrated in two key regions: the Williston Basin, covering 53,301 net acres in North Dakota and Montana, and the Central Rockies properties in Colorado and Wyoming. These regions are known for their significant oil and natural gas reserves. By focusing on these areas, Vitesse leverages its expertise in non-operated interests to generate production and revenue from well-established basins.
How does Vitesse Energy (VTS) generate revenue?
Vitesse Energy generates revenue through the acquisition, development, and production of non-operated oil and natural gas properties. The company holds non-operated working interests and royalty interests, which entitle it to a share of production revenue from wells operated by other companies. In the Williston Basin, Vitesse's 53,301 net acres in North Dakota and Montana contribute to its production volumes. Additionally, its interests in the Central Rockies (Colorado and Wyoming) provide further revenue streams. By not operating the wells, Vitesse avoids direct operational costs but still benefits from the sale of oil and natural gas, with revenue tied to commodity prices and production levels.