Vitesse Energy (VTS) Set to Announce Earnings on Monday

Vitesse Energy (NYSE:VTS - Get Free Report) will be posting its earnings results after the market closes on Monday, November 4th. Analysts expect Vitesse Energy to post earnings of $0.36 per share for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

Vitesse Energy (NYSE:VTS - Get Free Report) last posted its earnings results on Monday, August 5th. The company reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by ($0.01). Vitesse Energy had a return on equity of 7.94% and a net margin of 10.78%. The company had revenue of $66.60 million for the quarter, compared to analysts' expectations of $63.89 million. On average, analysts expect Vitesse Energy to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Vitesse Energy Stock Down 1.5 %

VTS traded down $0.38 on Monday, hitting $24.71. The company had a trading volume of 126,406 shares, compared to its average volume of 196,161. Vitesse Energy has a 12-month low of $19.63 and a 12-month high of $26.68. The stock has a fifty day moving average price of $24.87 and a 200-day moving average price of $24.42. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market capitalization of $727.71 million, a price-to-earnings ratio of 27.97 and a beta of 0.23.

Vitesse Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 8.50%. The ex-dividend date of this dividend was Monday, September 16th. Vitesse Energy's payout ratio is currently 238.64%.

Analysts Set New Price Targets

Separately, Alliance Global Partners decreased their target price on shares of Vitesse Energy from $28.00 to $26.00 and set a "buy" rating for the company in a research report on Wednesday, August 7th.

Insider Activity at Vitesse Energy

In other Vitesse Energy news, CEO Robert W. Gerrity bought 10,000 shares of the firm's stock in a transaction on Friday, September 13th. The shares were acquired at an average cost of $24.73 per share, with a total value of $247,300.00. Following the purchase, the chief executive officer now directly owns 495,311 shares of the company's stock, valued at $12,249,041.03. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 15.80% of the stock is currently owned by corporate insiders.

About Vitesse Energy

Vitesse Energy, Inc, together with its subsidiaries, engages in the acquisition, development, and production of non-operated oil and natural gas properties in the United States. It owns and acquires non-operated working interest and royalty interest ownership in the Williston Basin properties located in North Dakota and Montana.