Vitesse Energy (VTS) to Release Earnings on Monday

Vitesse Energy (NYSE:VTS) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, May 5th. Analysts expect Vitesse Energy to post earnings of $0.09 per share and revenue of $65.06 million for the quarter.

Vitesse Energy Stock Up 2.3 %

VTS stock opened at $21.37 on Friday. The firm’s 50-day moving average is $22.74 and its two-hundred day moving average is $25.10. The company has a market capitalization of $824.41 million, a price-to-earnings ratio of 14.64 and a beta of 0.56. Vitesse Energy has a 52 week low of $18.90 and a 52 week high of $28.41. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.20.

Vitesse Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a dividend of $0.5625 per share. The ex-dividend date is Monday, June 16th. This represents a $2.25 annualized dividend and a yield of 10.53%. Vitesse Energy’s payout ratio is 351.56%.

Wall Street Analysts Forecast Growth

VTS has been the topic of several research analyst reports. Roth Mkm lifted their price target on Vitesse Energy from $30.50 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, April 2nd. Northland Capmk upgraded shares of Vitesse Energy to a “strong-buy” rating in a research report on Thursday, January 16th. Northland Securities raised their price objective on shares of Vitesse Energy from $28.00 to $31.00 and gave the company an “outperform” rating in a research report on Thursday, January 16th. Finally, Evercore ISI reaffirmed an “in-line” rating and issued a $28.00 price objective on shares of Vitesse Energy in a research note on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Vitesse Energy presently has a consensus rating of “Buy” and a consensus target price of $30.25.

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.