Brian Cree Sells 43,216 Shares of Vitesse Energy (NYSE:VTS) Stock

Vitesse Energy, Inc. (NYSE:VTS) President Brian Cree sold 43,216 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $20.12, for a total value of $869,505.92. Following the completion of the sale, the president owned 519,679 shares in the company, valued at $10,455,941.48. This trade represents a 7.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Brian Cree also recently made the following trade(s):

• On Thursday, January 15th, Brian Cree sold 16,190 shares of Vitesse Energy stock. The shares were sold at an average price of $19.82, for a total value of $320,885.80.

Vitesse Energy Stock Down 2.7%

Shares of NYSE:VTS opened at $19.22 on Friday. The company’s fifty day moving average is $20.43 and its 200-day moving average is $22.66. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.85 and a current ratio of 0.85. Vitesse Energy, Inc. has a 52 week low of $18.84 and a 52 week high of $27.49. The company has a market capitalization of $743.24 million, a PE ratio of 38.44 and a beta of 0.64.

Vitesse Energy (NYSE:VTS) last announced its quarterly earnings results on Monday, November 3rd. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.13). The firm had revenue of $67.44 million for the quarter, compared to the consensus estimate of $65.70 million. Vitesse Energy had a net margin of 7.70% and a return on equity of 5.71%. Equities research analysts predict that Vitesse Energy, Inc. will post 1.05 earnings per share for the current fiscal year.

Vitesse Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were given a dividend of $0.5625 per share. The ex-dividend date was Monday, December 15th. This represents a $2.25 dividend on an annualized basis and a yield of 11.7%. Vitesse Energy’s dividend payout ratio is 450.00%.

Analyst Ratings Changes

VTS has been the topic of a number of recent analyst reports. Zacks Research lowered Vitesse Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Wall Street Zen upgraded shares of Vitesse Energy from a “sell” rating to a “hold” rating in a research report on Friday, November 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Vitesse Energy in a report on Monday, December 29th. Finally, Evercore ISI dropped their target price on shares of Vitesse Energy from $22.00 to $20.00 and set an “in-line” rating for the company in a research note on Monday, October 6th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $24.50.

Institutional Trading of Vitesse Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its stake in shares of Vitesse Energy by 2.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,351,220 shares of the company’s stock valued at $31,389,000 after purchasing an additional 35,320 shares during the last quarter. Punch & Associates Investment Management Inc. lifted its holdings in Vitesse Energy by 17.9% in the third quarter. Punch & Associates Investment Management Inc. now owns 1,272,995 shares of the company’s stock valued at $29,572,000 after buying an additional 193,195 shares during the period. American Century Companies Inc. lifted its holdings in Vitesse Energy by 12.9% in the third quarter. American Century Companies Inc. now owns 954,590 shares of the company’s stock valued at $22,175,000 after buying an additional 108,742 shares during the period. Geode Capital Management LLC boosted its stake in Vitesse Energy by 9.5% in the second quarter. Geode Capital Management LLC now owns 695,919 shares of the company’s stock valued at $15,376,000 after acquiring an additional 60,229 shares during the last quarter. Finally, GoodHaven Capital Management LLC grew its holdings in Vitesse Energy by 0.8% during the 3rd quarter. GoodHaven Capital Management LLC now owns 556,501 shares of the company’s stock worth $12,928,000 after acquiring an additional 4,350 shares during the period. 51.63% of the stock is owned by institutional investors.

More Vitesse Energy News

Here are the key news stories impacting Vitesse Energy this week:

• Negative Sentiment: CEO Robert W. Gerrity sold 90,737 shares at an average price of $20.14 (≈$1.83M). SEC Filing
• Negative Sentiment: CEO Robert W. Gerrity sold an additional 28,994 shares at ~$19.83 (≈$575k). SEC Filing
• Negative Sentiment: President Brian Cree sold 43,216 shares at $20.12 (≈$870k). SEC Filing
• Negative Sentiment: President Brian Cree sold 16,190 shares at $19.82 (≈$321k). SEC Filing
• Negative Sentiment: CAO Mike Morella sold 5,202 shares at $20.13 (≈$105k). SEC Filing
• Negative Sentiment: VP Michael Sabol sold 4,497 shares at $20.14 (≈$90.6k). SEC Filing

Vitesse Energy Company Profile

Vitesse Energy (NYSE: VTS) is an independent exploration and production company primarily focused on onshore oil and gas assets in the United States. Headquartered in Calgary, Alberta, the company identifies, acquires and develops low-decline, shallow to intermediate depth vertical wells, targeting predictable production profiles and stable cash flows. Vitesse leverages a lean operational model to optimize well performance and reduce unit operating costs across its asset base.

The company’s core operations are concentrated in the Arkoma Basin of eastern Oklahoma and the Ark-La-Tex region, where it holds acreage positions in multiple formations.