Vitesse Energy Reports $42.3 Million Loss in Q1
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Should l Buy VTS?
Source: Yahoo Finance
- Poor Financial Performance: Vitesse Energy reported a loss of $42.3 million in Q1, translating to a loss of $1.05 per share, indicating significant challenges to the company's profitability in the current market environment.
- Minimal Adjusted Earnings: Adjusted for non-recurring costs, the earnings were less than 1 cent per share, suggesting that the company needs to improve its cost control and revenue growth strategies to enhance its financial health.
- Revenue Situation: The company generated $67.4 million in revenue during the reporting period, and although there was revenue growth, it was insufficient to offset the losses, reflecting pressures from increased operational costs and market competition.
- Uncertain Market Outlook: Given the ongoing losses and minimal earnings, Vitesse Energy's future market performance and investor confidence may be adversely affected, necessitating effective measures to restore profitability and strengthen competitive positioning.
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Analyst Views on VTS
Wall Street analysts forecast VTS stock price to rise
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 18.160
Low
20.00
Averages
20.00
High
20.00
Current: 18.160
Low
20.00
Averages
20.00
High
20.00
About VTS
Vitesse Energy, Inc. is focused on owning financial interests predominantly as a non-operator in oil and gas wells drilled by the United States operators. The Company invests in non-operated minority working and mineral interests in oil and natural gas properties with its core area of focus in the Bakken and Three Forks formations of the Williston Basin of North Dakota and Montana. It also has interests in wells in the Denver-Julesburg Basin located in Colorado and Wyoming and the Powder River Basin located in Wyoming. Its assets consist of more than 50,000 net acres and interests in over 7,000 gross producing wells.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Vitesse Energy Q1 2026 Earnings Call Insights
- Leadership Transition: Jamie Benard officially took over as CEO last Friday, emphasizing the company's commitment to returning capital to shareholders, which is reinforced by the board's declaration of a $1.75 quarterly cash dividend, indicating a strong focus on shareholder returns amidst leadership changes.
- Acquisition Strategy: The Powder River Basin acquisition, completed in early April, is expected to add an average of 1,400 net barrels of oil equivalent per day for the remainder of 2026, and was funded entirely through equity to maintain financial flexibility, showcasing disciplined capital allocation.
- Financial Performance: The first quarter saw adjusted EBITDA of $33.4 million, despite a GAAP net loss of $42.3 million primarily due to a $48.2 million unrealized hedge loss, reflecting challenges in risk management while highlighting proactive cash flow management efforts.
- Future Outlook: The company anticipates capital expenditures between $50 million and $80 million for 2026, excluding any operated development, with management expressing optimism about the pace of future development, emphasizing a flexible strategy to maximize returns based on market conditions.
See More
Vitesse Energy Reports Q1 Revenue Growth and Financial Metrics
- Revenue Growth: Vitesse Energy reported Q1 revenue of $67.4 million, reflecting a 1.9% year-over-year increase that exceeded market expectations by $3.65 million, indicating resilience and growth potential in a competitive energy sector.
- Adjusted Net Loss: The company posted an adjusted net loss of $0.3 million and a GAAP net loss of $42.3 million, which included a non-cash unrealized loss on commodity derivatives of $48.2 million, highlighting the impact of market volatility on financial performance.
- Cash Flow Performance: With cash flow from operations at $24 million and free cash flow at $12 million, the company demonstrates robust capital expenditure and debt management, which will support future investments and growth.
- Production Capacity: The company produced 15,962 barrels of oil equivalent per day, with 63% being crude oil, showcasing its strong production capabilities that underpin its competitive position in the energy market.
See More
Vitesse Energy Reports $42.3 Million Loss in Q1
- Poor Financial Performance: Vitesse Energy reported a loss of $42.3 million in Q1, translating to a loss of $1.05 per share, indicating significant challenges to the company's profitability in the current market environment.
- Minimal Adjusted Earnings: Adjusted for non-recurring costs, the earnings were less than 1 cent per share, suggesting that the company needs to improve its cost control and revenue growth strategies to enhance its financial health.
- Revenue Situation: The company generated $67.4 million in revenue during the reporting period, and although there was revenue growth, it was insufficient to offset the losses, reflecting pressures from increased operational costs and market competition.
- Uncertain Market Outlook: Given the ongoing losses and minimal earnings, Vitesse Energy's future market performance and investor confidence may be adversely affected, necessitating effective measures to restore profitability and strengthen competitive positioning.
See More
Registration Open for 2026 EnerCom Denver Energy Investment Conference
- Conference Registration Open: EnerCom has announced that registration is now open for the 2026 EnerCom Denver Energy Investment Conference, scheduled for August 17-19 at the Westin Denver Downtown, expected to attract over 1,000 industry professionals and investors, providing significant investment opportunities and industry insights.
- Charity Golf Tournament: The conference will kick off with a charity golf tournament on the first day, requiring a $150 donation to participate, with all proceeds supporting the IN! Pathways to Inclusive Higher Education program, aimed at creating more college opportunities for students with intellectual disabilities and fostering their academic and career growth.
- Executive Access Opportunities: This conference offers investors direct access to executive management teams from leading global energy companies, including one-on-one meetings and breakout Q&A sessions, helping investors gain deeper insights into companies' operational and financial strategies, thereby enhancing investment decision-making effectiveness.
- Networking Events: Multiple networking events will be held during the conference, including a welcome mixer and Casino Night, aimed at fostering interactions with industry peers and enhancing connections between investors and companies, thereby improving the overall collaborative atmosphere within the industry.
See More
Vitesse Energy (VTS.US) Officer Plans to Sell $3.73 Million in Common Stock via Form 144
Share Sale Announcement: Gerrity Robert W intends to sell 201.37K shares of Vitesse Energy (VTS.US) on April 7, with a total market value of approximately $3.73 million.
Reduction in Holdings: Gerrity Robert W has reduced his shareholding in Vitesse Energy by 1.04 million shares since January 14, 2026, with a total value of around $19.4 million.
See More
Three Potential Stocks and Two to Sell
- Cracker Barrel Performance Decline: Cracker Barrel (CBRL) has experienced weak same-store sales trends over the past two years, indicating limited opportunities for new restaurant openings in its core markets, leading to a 33.1% decline in earnings per share over the last six years despite revenue growth, highlighting significantly reduced profitability of incremental sales.
- Ruger Growth Stagnation: Ruger (RGR) has seen stagnant sales over the past five years, signaling an urgent need for new growth strategies, with a low free cash flow margin of 6.8% over the last two years constraining its ability to self-fund growth or return capital to shareholders, reflecting inefficacy in management's investment decisions.
- Vitesse Energy's Attractiveness: Vitesse Energy (VTS), trading at $18.11, owns non-operated stakes in oil and gas wells in North Dakota and Montana's Williston Basin, boasting a respectable 10.3% annualized sales growth over the last four years and a best-in-class gross margin of 79.8%, indicating strong unit economics.
- Strong Market Performance: Vitesse Energy's robust free cash flow allows flexibility to invest in growth initiatives or return capital to shareholders, with a valuation ratio of 53.3x forward P/E, showcasing its potential in the market.
See More
Vitesse Energy Q1 2026 Earnings Call Insights
- Leadership Transition: Jamie Benard officially took over as CEO last Friday, emphasizing the company's commitment to returning capital to shareholders, which is reinforced by the board's declaration of a $1.75 quarterly cash dividend, indicating a strong focus on shareholder returns amidst leadership changes.
- Acquisition Strategy: The Powder River Basin acquisition, completed in early April, is expected to add an average of 1,400 net barrels of oil equivalent per day for the remainder of 2026, and was funded entirely through equity to maintain financial flexibility, showcasing disciplined capital allocation.
- Financial Performance: The first quarter saw adjusted EBITDA of $33.4 million, despite a GAAP net loss of $42.3 million primarily due to a $48.2 million unrealized hedge loss, reflecting challenges in risk management while highlighting proactive cash flow management efforts.
- Future Outlook: The company anticipates capital expenditures between $50 million and $80 million for 2026, excluding any operated development, with management expressing optimism about the pace of future development, emphasizing a flexible strategy to maximize returns based on market conditions.
See More
Vitesse Energy Reports Q1 Revenue Growth and Financial Metrics
- Revenue Growth: Vitesse Energy reported Q1 revenue of $67.4 million, reflecting a 1.9% year-over-year increase that exceeded market expectations by $3.65 million, indicating resilience and growth potential in a competitive energy sector.
- Adjusted Net Loss: The company posted an adjusted net loss of $0.3 million and a GAAP net loss of $42.3 million, which included a non-cash unrealized loss on commodity derivatives of $48.2 million, highlighting the impact of market volatility on financial performance.
- Cash Flow Performance: With cash flow from operations at $24 million and free cash flow at $12 million, the company demonstrates robust capital expenditure and debt management, which will support future investments and growth.
- Production Capacity: The company produced 15,962 barrels of oil equivalent per day, with 63% being crude oil, showcasing its strong production capabilities that underpin its competitive position in the energy market.
See More
Vitesse Energy Reports $42.3 Million Loss in Q1
- Poor Financial Performance: Vitesse Energy reported a loss of $42.3 million in Q1, translating to a loss of $1.05 per share, indicating significant challenges to the company's profitability in the current market environment.
- Minimal Adjusted Earnings: Adjusted for non-recurring costs, the earnings were less than 1 cent per share, suggesting that the company needs to improve its cost control and revenue growth strategies to enhance its financial health.
- Revenue Situation: The company generated $67.4 million in revenue during the reporting period, and although there was revenue growth, it was insufficient to offset the losses, reflecting pressures from increased operational costs and market competition.
- Uncertain Market Outlook: Given the ongoing losses and minimal earnings, Vitesse Energy's future market performance and investor confidence may be adversely affected, necessitating effective measures to restore profitability and strengthen competitive positioning.
See More
Registration Open for 2026 EnerCom Denver Energy Investment Conference
- Conference Registration Open: EnerCom has announced that registration is now open for the 2026 EnerCom Denver Energy Investment Conference, scheduled for August 17-19 at the Westin Denver Downtown, expected to attract over 1,000 industry professionals and investors, providing significant investment opportunities and industry insights.
- Charity Golf Tournament: The conference will kick off with a charity golf tournament on the first day, requiring a $150 donation to participate, with all proceeds supporting the IN! Pathways to Inclusive Higher Education program, aimed at creating more college opportunities for students with intellectual disabilities and fostering their academic and career growth.
- Executive Access Opportunities: This conference offers investors direct access to executive management teams from leading global energy companies, including one-on-one meetings and breakout Q&A sessions, helping investors gain deeper insights into companies' operational and financial strategies, thereby enhancing investment decision-making effectiveness.
- Networking Events: Multiple networking events will be held during the conference, including a welcome mixer and Casino Night, aimed at fostering interactions with industry peers and enhancing connections between investors and companies, thereby improving the overall collaborative atmosphere within the industry.
See More
Vitesse Energy (VTS.US) Officer Plans to Sell $3.73 Million in Common Stock via Form 144
Share Sale Announcement: Gerrity Robert W intends to sell 201.37K shares of Vitesse Energy (VTS.US) on April 7, with a total market value of approximately $3.73 million.
Reduction in Holdings: Gerrity Robert W has reduced his shareholding in Vitesse Energy by 1.04 million shares since January 14, 2026, with a total value of around $19.4 million.
See More
Three Potential Stocks and Two to Sell
- Cracker Barrel Performance Decline: Cracker Barrel (CBRL) has experienced weak same-store sales trends over the past two years, indicating limited opportunities for new restaurant openings in its core markets, leading to a 33.1% decline in earnings per share over the last six years despite revenue growth, highlighting significantly reduced profitability of incremental sales.
- Ruger Growth Stagnation: Ruger (RGR) has seen stagnant sales over the past five years, signaling an urgent need for new growth strategies, with a low free cash flow margin of 6.8% over the last two years constraining its ability to self-fund growth or return capital to shareholders, reflecting inefficacy in management's investment decisions.
- Vitesse Energy's Attractiveness: Vitesse Energy (VTS), trading at $18.11, owns non-operated stakes in oil and gas wells in North Dakota and Montana's Williston Basin, boasting a respectable 10.3% annualized sales growth over the last four years and a best-in-class gross margin of 79.8%, indicating strong unit economics.
- Strong Market Performance: Vitesse Energy's robust free cash flow allows flexibility to invest in growth initiatives or return capital to shareholders, with a valuation ratio of 53.3x forward P/E, showcasing its potential in the market.
See More
