Vitesse Energy, Inc.
Business
Vitesse Energy is an independent energy company that acquires, develops and produces oil and natural gas properties predominantly as a non-operator in the Williston Basin and Central Rockies. The company owns working interests and royalty interests in productive wells and undeveloped acreage, partnering with experienced operators for drilling and production. Vitesse returns capital to stockholders through cash dividends while maintaining a diversified asset base and strong balance sheet.
Summary from 10-K filed 2026-03-02
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-11-30 |
|---|---|---|---|---|---|---|
| Total revenue | 274 | 242 | 234 | 282 | 168 | |
| Lease operating expense | 70 | 48 | 40 | 31 | 27 | |
| Production taxes | 23 | 22 | 22 | 24 | 15 | |
| General and administrative | 24 | 24 | 24 | 20 | 11 | |
| Depletion, depreciation, amortization, and accretion | 129 | 100 | 82 | 64 | 61 | |
| Equity-based compensation | 10 | 8 | 32 | −11 | 1 | |
| Total operating expenses | 257 | 201 | 199 | 128 | 114 | |
| Operating Income | 17 | 41 | 35 | 154 | 54 | |
| Commodity derivative gain (loss), net | 28 | −2 | 12 | −31 | −33 | |
| Interest expense | −10 | −10 | −5 | −4 | — | |
| Other income | 221,000 | 89,000 | 140,000 | 20,000 | 14,000 | |
| Total other (expense) income | 18 | −12 | 7 | −35 | −36 | |
| Income Before Income Taxes | 35 | 29 | 42 | 119 | 18 | |
| (Provision for) Benefit from Income Taxes | −10 | −8 | −62 | 0 | 0 | |
| Net Income (Loss) | 25 | 21 | −20 | 119 | 18 | |
| Net income attributable to Predecessor common unit holders | 0 | 0 | 2 | 119 | 18 | |
| Net Income (Loss) Attributable to Vitesse Energy, Inc. | 25 | 21 | −22 | 0 | 0 | |
| Weighted average common shares basic (in shares) | 38 | 30 | 30 | 439 | 439 | |
| Weighted average common shares diluted (in shares) | 40 | 33 | 30 | 439 | 439 | |
| Net income (loss) per common share basic (in USD per share) | 0.67 | 0.7 | −0.73 | 0.26 | 0.04 | |
| Net income (loss) per common share diluted (in USD per share) | 0.64 | 0.64 | −0.73 | 0.26 | 0.04 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash | 1 | 3 | 552,000 | 10 | 5 | |
| Accrued revenue | 31 | 40 | 45 | 41 | 31 | |
| Commodity derivatives | 14 | 4 | 10 | 2 | 0 | |
| Prepaid expenses and other current assets | 6 | 4 | 3 | 841,000 | 138,000 | |
| Total current assets | 52 | 51 | 58 | 54 | 36 | |
| Proved oil and gas properties | 1,526 | 1,316 | 1,168 | 986 | 894 | |
| Less accumulated DD&A and impairment | −692 | −564 | −464 | −383 | −320 | |
| Total oil and gas properties | 834 | 752 | 704 | 603 | 574 | |
| Other Property and EquipmentNet | 123,000 | 182,000 | 189,000 | 114,000 | 215,000 | |
| Commodity derivatives | 184,000 | 284,000 | 1 | 1 | 0 | |
| Other noncurrent assets | 7 | 8 | 2 | 2 | 943,000 | |
| Total other assets | 7 | 8 | 3 | 3 | 943,000 | |
| Total assets | 893 | 811 | 766 | 660 | 612 | |
| Accounts payable | 12 | 34 | 28 | 7 | 8 | |
| Accrued liabilities | 39 | 66 | 33 | 26 | 16 | |
| Commodity derivatives | 0 | 299,000 | 0 | 3 | 16 | |
| Other current liabilities | 307,000 | 0 | 204,000 | 184,000 | 316,000 | |
| Total current liabilities | 51 | 100 | 60 | 37 | 40 | |
| Revolving credit facility | 125 | 117 | 81 | 48 | 68 | |
| Deferred tax liability | 67 | 72 | 64 | 0 | — | |
| Asset retirement obligations | 14 | 10 | 8 | 7 | 6 | |
| Commodity derivatives | 46,000 | 94,000 | 0 | — | — | |
| Other noncurrent liabilities | 7 | 11 | 5 | 0 | 194,000 | |
| Total liabilities | 264 | 311 | 220 | 92 | 126 | |
| Commitments and contingencies (Note 11) | — | — | — | — | — | |
| Preferred stock, $0.01 par value, 5,000,000 shares authorized; 0 shares issued at December 31, 2025 and 2024, respectively | 0 | 0 | 0 | — | — | |
| Common stock, $0.01 par value, 95,000,000 shares authorized; 40,615,302 and 32,650,889 shares issued at December 31, 2025 and 2024, respectively | 406,000 | 326,000 | 328,000 | — | — | |
| Additional paid-in capital | 631 | 505 | 568 | — | — | |
| Accumulated deficit | −2 | −5 | −22 | — | — | |
| Total equity | 629 | 500 | 546 | 564 | 480 | |
| Total liabilities and equity | 893 | 811 | 766 | 660 | 612 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Unrealized (gain) loss on derivative instruments | −11 | 7 | −11 | −16 | — | |
| Deferred income taxes | 10 | 8 | 62 | 0 | — | |
| Amortization of debt issuance costs | 860,000 | 792,000 | 655,000 | 472,000 | — | |
| Accrued revenue | 14 | 5 | −810,000 | −11 | — | |
| Prepaid expenses and other current assets | −350,000 | −1 | −2 | −842,000 | — | |
| Accounts payable | −5 | 3 | 2 | −147,000 | — | |
| Accrued liabilities | −4 | 3 | −3 | 3 | — | |
| Other | 356,000 | 398,000 | −4,000 | 8,000 | — | |
| Net cash provided by operating activities | 170 | 155 | 142 | 147 | — | |
| Acquisition of oil and gas properties | −7 | −21 | −36 | −29 | −29 | |
| Development of oil and gas properties | −121 | −94 | −85 | −56 | — | |
| Purchase of property and equipment | −8,000 | −73,000 | −180,000 | −12,000 | — | |
| Net cash used in Investing Activities | −128 | −115 | −121 | −85 | — | |
| Proceeds from revolving credit facility | 73 | 58 | 59 | 16 | — | |
| Repayments of revolving credit facility | −66 | −22 | −26 | −36 | — | |
| Repayments of Vitesse Oil revolving credit facility | 0 | 0 | −5 | 0 | — | |
| Dividends paid | −92 | −64 | −58 | −36 | — | |
| Cash acquired associated with the Lucero Acquisition | 50 | 0 | 0 | — | — | |
| Repurchases of common stock | 0 | 0 | −248,000 | 0 | — | |
| Stock exchanged for tax withholding | −9 | −7 | 0 | 0 | — | |
| Debt issuance costs | −381,000 | −2 | −484,000 | −2 | — | |
| Net cash used in Financing Activities | −44 | −37 | −31 | −58 | — | |
| Net change in cash | −2 | 2 | −9 | 5 | — | |
| Cash paid for interest | 9 | 9 | 5 | 4 | — | |
| Cash paid for federal income taxes | 0 | 0 | 1 | — | — | |
| Oil and gas properties included in accounts payable and accrued liabilities | 25 | 78 | 46 | 21 | — | |
| Asset retirement obligations capitalized to oil and gas properties | 3 | 626,000 | 951,000 | 347,000 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Vitesse Energy, Inc.'s CIK number?
Vitesse Energy, Inc.'s SEC CIK number is 0001944558 (1944558). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Vitesse Energy, Inc.'s SEC filings?
All of Vitesse Energy, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Vitesse Energy, Inc. last report earnings?
Vitesse Energy, Inc. (VTS) most recently filed an earnings 8-K with the SEC on May 4, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001944558-26-000023). This is Vitesse Energy, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Vitesse Energy, Inc.'s most recent earnings 8-K?
Vitesse Energy, Inc.'s latest earnings 8-K (Item 2.02) was filed May 4, 2026 under accession 0001944558-26-000023. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Vitesse Energy, Inc.'s latest earnings 8-K →
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