Vitesse Energy, Inc. (VTS)
NYSE:VTS
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Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.07Last Year’s EPS
0.45Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a generally positive operational and financial picture: production growth, an accretive Powder River acquisition, solid adjusted EBITDA, positive free cash flow, low leverage (net debt/EBITDA 0.82x), expanded liquidity, and a clear commitment to the $1.75 annualized dividend supported by an extended hedging program. Key negatives include a large GAAP net loss driven by a $48.2 million unrealized hedge mark, a small adjusted net loss (near breakeven), and cautious near-term activity as operators remain disciplined—meaning some upside from higher activity or operated development may be more back-end loaded into 2027. On balance, the positives (growth, balance sheet strength, accretive M&A, hedging to protect the dividend) outweigh the lowlights.Company Guidance
Production Growth
Average production of ~15,962 BOE/d (~16,000 BOE/d) in Q1 2026, up 7% year-over-year; oil weighted (63% oil cut) and oil accounted for 89% of oil and natural gas revenue.
Accretive Acquisition — Powder River Basin
Powder River Basin acquisition closed in early April, paid with 1.9 million shares; expected to add ~1,400 net BOE/d for the remainder of 2026 and described as accretive across key financial metrics.
Financial Results and Cash Generation
Adjusted EBITDA of $33.4 million for the quarter, adjusted net loss of $0.3 million, GAAP net loss driven by noncash items; free cash flow of $12.0 million after $18.7 million of development capex (net of divestitures).
Strong Balance Sheet and Liquidity
Total debt of $144.5 million and net debt to trailing 12-month adjusted EBITDA of 0.82x; revolver amended to expand availability by $25 million (elected commitment and borrowing base at $275 million) with total liquidity before internal cash flows of roughly $130 million.
Dividend Commitment
Board reaffirmed capital return priority and declared Q2 cash dividend at an annualized rate of $1.75 per share; management emphasized hedging and conservative balance sheet to support the dividend.
Hedge Position and Risk Management
Approximately 73% of 2026 oil production hedged (swaps and collars) for the remainder of 2026 with weighted average floor $64.68 and ceiling $67.20/bbl; ~50% of 2026 gas hedged with weighted average floor $3.73 and ceiling $4.91/MMBtu; hedge book extends through 2028.
Operating Inventory and Activity
Development pipeline of 19.9 net wells (6.2 net drilling/completing, 13.7 net permitted); 72% of YTD AFEs targeted 3- and 4-mile extended laterals; 67% of the 28 rigs drilling in the Williston were on Vitesse acreage, reflecting concentrated footprint and activity exposure.
Operational Efficiency Trends
Operators have driven down 3- and 4-mile lateral drilling and completion costs over recent quarters; management notes improved drilling efficiency and growing refrac/workover activity as quick ways to restore production.
VTS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VTS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $19.08 | $18.87 | -1.10% |
Mar 02, 2026 | $19.13 | $18.19 | -4.91% |
Nov 03, 2025 | $20.45 | $19.85 | -2.93% |
Aug 04, 2025 | $21.91 | $24.09 | +9.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Vitesse Energy, Inc. (VTS) report earnings?
Vitesse Energy, Inc. (VTS) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Vitesse Energy, Inc. (VTS) earnings time?
Vitesse Energy, Inc. (VTS) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What is VTS EPS forecast?
VTS EPS forecast for the fiscal quarter 2026 (Q2) is 0.07.