Vitesse Energy (VTS) Set to Announce Quarterly Earnings on Monday

Vitesse Energy (NYSE:VTS) will be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.27 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Vitesse Energy (NYSE:VTS) last announced its quarterly earnings data on Monday, February 26th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.07). The firm had revenue of $69.30 million during the quarter, compared to analyst estimates of $63.83 million. Vitesse Energy had a negative net margin of 9.22% and a negative return on equity of 2.89%. 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 Trading Up 1.3 %

NYSE VTS opened at $22.63 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.97 and a quick ratio of 0.97. The firm’s fifty day moving average price is $23.16 and its 200 day moving average price is $22.62. The company has a market capitalization of $666.45 million, a price-to-earnings ratio of -29.78 and a beta of 0.19. Vitesse Energy has a 12 month low of $16.83 and a 12 month high of $27.39.

Vitesse Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.84%. The ex-dividend date of this dividend was Thursday, March 14th. Vitesse Energy’s dividend payout ratio (DPR) is -263.16%.

Vitesse Energy Company Profile

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.