Vitesse Energy (VTS) Stock Price, News & Analysis

Company Overview

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. The company also owns non-operated interests in the Central Rockies properties located in Colorado and Wyoming. Vitesse Energy, Inc. was founded in 2014 and is based in Centennial, Colorado.

Key Stats

• Today's Range: $25.00 to $25.22
• 50-Day Range: $23.27 to $25.97
• 52-Week Range: $19.63 to $26.68
• Volume: 33,987 shs
• Average Volume: 194,967 shs
• Market Capitalization: $740.96 million
• P/E Ratio: 28.59
• Dividend Yield: 8.35%
• Price Target: $26.00
• Consensus Rating: Buy

Vitesse Energy Stock Analysis - MarketRank™

Vitesse Energy scored higher than 43% of companies evaluated by MarketBeat, and ranked 195th out of 262 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Vitesse Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Vitesse Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 32.14%

Earnings Growth

Earnings for Vitesse Energy are expected to grow by 32.14% in the coming year, from $1.40 to $1.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Vitesse Energy is 28.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of Vitesse Energy is 28.51, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.81.

Price to Book Value per Share Ratio

Vitesse Energy has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.93% of the float of Vitesse Energy has been sold short.

Short Interest Ratio / Days to Cover

Vitesse Energy has a short interest ratio ("days to cover") of 14.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Vitesse Energy has recently increased by 2.81%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Vitesse Energy is a leading dividend payer. It pays a dividend yield of 8.37%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Vitesse Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Vitesse Energy is 238.64%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Vitesse Energy will have a dividend payout ratio of 113.51% in the coming year. This indicates that Vitesse Energy may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.93% of the float of Vitesse Energy has been sold short.

Short Interest Ratio / Days to Cover

Vitesse Energy has a short interest ratio ("days to cover") of 14.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Vitesse Energy has recently increased by 2.81%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Vitesse Energy has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Vitesse Energy this week, compared to 1 article on an average week.

Search Interest

Only 4 people have searched for VTS on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Vitesse Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $247,300.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

15.80% of the stock of Vitesse Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

51.63% of the stock of Vitesse Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

VTS Stock Analysis - Frequently Asked Questions

How have VTS shares performed this year?

Vitesse Energy's stock was trading at $21.89 at the beginning of the year. Since then, VTS stock has increased by 14.6% and is now trading at $25.09.
View the best growth stocks for 2024 here.

How were Vitesse Energy's earnings last quarter?

Vitesse Energy, Inc. (NYSE:VTS) posted its quarterly earnings data on Monday, August, 5th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by $0.01. The business earned $66.60 million during the quarter, compared to analysts' expectations of $63.89 million. Vitesse Energy had a net margin of 10.78% and a trailing twelve-month return on equity of 7.94%.

Who are Vitesse Energy's major shareholders?

Top institutional shareholders of Vitesse Energy include Harbor Capital Advisors Inc. (0.61%), Mraz Amerine & Associates Inc. (0.49%), Inlet Private Wealth LLC (0.20%) and SG Americas Securities LLC (0.12%). Insiders that own company stock include Brian Cree, Robert W Gerrity, James P Henderson, Christopher I Humber and Leary Dan O.
View institutional ownership trends.

How do I buy shares of Vitesse Energy?

Shares of VTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Vitesse Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Vitesse Energy investors own include NVIDIA (NVDA), Meta Platforms (META), Salesforce (CRM), Advanced Micro Devices (AMD), Broadcom (AVGO), Chevron (CVX) and QUALCOMM (QCOM).

Company Calendar

• Last Earnings: 8/05/2024
• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Dividend Payable: 9/30/2024
• Today: 10/30/2024
• Next Earnings (Confirmed): 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:VTS
• CUSIP: N/A
• CIK: 1944558
• Web: www.vitesseoil.com
• Phone: 720-361-2500
• Fax: N/A
• Employees: 36
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $26.00
• High Stock Price Target: $26.00
• Low Stock Price Target: $26.00
• Potential Upside/Downside: +3.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.88
• Trailing P/E Ratio: 28.63
• Forward P/E Ratio: 17.99
• P/E Growth: N/A
• Net Income: $-19,740,000.00
• Net Margins: 10.78%
• Pretax Margin: 17.81%
• Return on Equity: 7.94%
• Return on Assets: 5.57%

Debt

• Debt-to-Equity Ratio: 0.22
• Current Ratio: 0.83
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $233.90 million
• Price / Sales: 3.17
• Cash Flow: $3.51 per share
• Price / Cash Flow: 7.17
• Book Value: $18.42 per share
• Price / Book: 1.37

Miscellaneous

• Outstanding Shares: 29,450,000
• Free Float: 24,801,000
• Market Cap: $741.85 million
• Optionable: Not Optionable
• Beta: 0.23