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Vitesse Energy, Inc. (VTS)
NYSE:VTS
Earnings Data
Report Date
May 11, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.05Last Year’s EPS
0.23Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveys a generally constructive operational and financial picture — production met guidance, proved reserves increased 19%, adjusted EBITDA and free cash flow were positive, an accretive Powder River acquisition was announced, and leverage remains low (net debt / adj. EBITDA 0.69x). Management emphasized capital discipline, conservative balance sheet management, and continued shareholder returns, but also communicated clear caution: the dividend was reset lower to preserve liquidity, 2026 production guidance is conservative given uncertainty in operator activity, reserve valuation was pressured by nearly $10/bbl lower SEC pricing, and near-term acquisition upside is constrained by a competitive market. Overall, positives (reserve growth, profitability, low leverage, accretive M&A, hedging) outweigh the negatives (dividend reduction, guidance uncertainty, timing-driven higher cash spend), supporting a constructive but cautious outlook.Company Guidance
Strong Production at Top of Guidance
Q4 production averaged 17,653 BOE/day and full-year 2025 production was 17,444 BOE/day (top end of guidance), with a 65% oil cut and a development pipeline of 22 net wells (6.1 net drilling/completing, 15.9 net permitted).
Reserve Growth and Asset Value Expansion
Proved reserves increased to 47.8 million BOE, up 19% year-over-year (driven primarily by the Lucero acquisition); PV-10 was $472.7 million with 88% proved developed.
Solid Financial Results and Cash Generation
Adjusted EBITDA was $179.3 million, adjusted net income $30.4 million (GAAP net income $25.3 million), and free cash flow was $48.9 million after $121 million of development capital expenditures; cash capex and acquisition costs for the year totaled $127.7 million (funded within operating cash flows).
Conservative Balance Sheet and Low Leverage
Total debt was $124.5 million at year-end, producing net debt to adjusted EBITDA of 0.69x, supporting management's stated priority of maintaining a conservative balance sheet.
Meaningful Hedging Program
Approximately 64% of 2026 oil production is hedged (swaps weighted average fixed price $64.95/bbl; collars weighted average floor $58.64 and ceiling $67.50/bbl). Just under half of 2026 gas production is hedged (collars weighted average floor $3.73 and ceiling $4.91/MMBtu). Management has capacity to hedge up to 85% of PDP.
Accretive Powder River Basin Acquisition
Signed definitive agreement to acquire non-operated Powder River Basin assets for $35 million of Vitesse shares (effective 1/1/2026); assets include >6,000 net acres, 29 net undeveloped locations, and are expected to produce ~1,400 net BOE/day in 2026 with EOG and Continental as primary operators; acquisition described as accretive and expected to close in early Q2.
Continued Capital Returns to Shareholders
Distributed $2.25 per share during 2025 and $6.325 per share since the January 2023 spin-off; Board declared a Q1 dividend at an annual rate of $1.75 per share and expects the majority of 2026 dividends to be treated as a return of capital for tax purposes.
Operational Efficiency: Three- and Four-Mile Laterals
Over half of AFEs received in 2025 were three- or four-mile laterals, driving capital-efficient development; operators report improved economics for 3–4 mile wells and early four-mile results in 2025 look strong.
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 |
|---|---|---|---|
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% |
May 05, 2025 | $19.43 | $18.02 | -7.26% |
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 May 11, 2026, After Close (Confirmed).
What is Vitesse Energy, Inc. (VTS) earnings time?
Vitesse Energy, Inc. (VTS) earnings time is at May 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VTS EPS forecast?
VTS EPS forecast for the fiscal quarter 2026 (Q1) is 0.05.