Vitesse
Logotype for Vitesse Energy Inc

Vitesse (VTS) investor relations material

Vitesse Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Vitesse Energy Inc
Q4 2025 earnings summary3 Mar, 2026

Executive summary

  • Returned $2.25 per share to shareholders in 2025, totaling $6.325 per share since 2023 spin-off.

  • Closed and integrated the Lucero acquisition, contributing to a 19% increase in proved reserves year-over-year.

  • Signed a definitive agreement for an all-stock acquisition of non-operated Powder River Basin assets for $35 million, effective January 1, 2026, adding 6,205 net acres and 29 net undeveloped locations.

  • Over 80% of assets are undeveloped resources, providing long-duration value and capital efficiency over time.

  • Asset base is predominantly non-operated interests in the Bakken oil field, diversified across 30+ operators and 7,800+ producing wells.

Financial highlights

  • 2025 production averaged 17,444 BOE/day, up 34% year-over-year, with a 65% oil cut.

  • Adjusted EBITDA for 2025 was $179.3 million; adjusted net income $30.4 million; GAAP net income $25.3 million.

  • Free cash flow was $48.9 million after $121 million in development CapEx.

  • Year-end total debt was $124.5 million; net debt to Adjusted EBITDA was 0.69x.

  • PV-10 value of proved reserves at year-end 2025 was $472.7 million (88% proved developed).

Outlook and guidance

  • 2026 production guidance: 16,000–17,500 BOE/day, oil cut 60%–64%.

  • 2026 cash CapEx expected at $50–$80 million, down from 2025 due to lower operator activity and accelerated 2025 payments.

  • Majority of 2026 oil production hedged at prices supporting dividend; 64% of oil hedged at $64.95/bbl swaps and $58.64–$67.50/bbl collars.

  • Over 200 net estimated two-mile-equivalent undeveloped locations, supporting ~25 years of drilling inventory.

  • Board declared a Q1 2026 dividend at an annual rate of $1.75 per share, with a quarterly dividend of $0.4375 per share, equating to a 9% fixed dividend yield based on recent share price.

How do longer laterals impact future growth?
Detail the hedging strategy for the acquisition
What caused the 19% PV-10 decrease in 2025?
Dividend reset's impact on M&A strategy
Quantify 3-4 mile laterals' economic benefit
Powder River Basin undeveloped asset strategy
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next Vitesse earnings date

Logotype for Vitesse Energy Inc
Q1 20265 May, 2026
Vitesse
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Vitesse earnings date

Logotype for Vitesse Energy Inc
Q1 20265 May, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Vitesse Energy, Inc. is a non-operated working and royalty interest owner of oil and gas assets primarily in the Bakken oil field in North Dakota. The company’s business began in 2013, but the public entity Vitesse Energy, Inc. was formed August 5, 2022. Vitesse Energy, Inc. is a spin-off from Jefferies Financial Group Inc. Vitesse Energy, Inc. became a publicly traded company on the New York Stock Exchange in January 2023.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage