Northland Securities Weighs in on Vitesse Energy Q2 Earnings

Vitesse Energy, Inc. (NYSE:VTS) – Equities researchers at Northland Securities raised their Q2 2026 earnings per share (EPS) estimates for Vitesse Energy in a research note issued to investors on Wednesday, April 22nd. Northland Securities analyst J. Grampp now forecasts that the company will earn $0.01 per share for the quarter, up from their previous forecast of ($0.04). The consensus estimate for Vitesse Energy’s current full-year earnings is $0.14 per share. Northland Securities also issued estimates for Vitesse Energy’s Q3 2026 earnings at $0.05 EPS, Q4 2026 earnings at $0.07 EPS, FY2026 earnings at $0.14 EPS and FY2027 earnings at $0.29 EPS.

Vitesse Energy (NYSE:VTS) last posted its earnings results on Monday, March 2nd. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.12). The business had revenue of $58.62 million during the quarter, compared to analysts’ expectations of $67.10 million. Vitesse Energy had a net margin of 9.23% and a return on equity of 4.38%.

VTS has been the topic of several other research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vitesse Energy in a report on Friday, March 27th. Wall Street Zen lowered Vitesse Energy from a “hold” rating to a “strong sell” rating in a report on Saturday, March 7th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $21.67.

Vitesse Energy Stock Performance

NYSE:VTS opened at $18.04 on Friday. The firm has a market capitalization of $752.32 million, a PE ratio of 28.63 and a beta of 0.69. The business’s fifty day moving average price is $19.33 and its 200 day moving average price is $20.33. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.02 and a quick ratio of 1.02. Vitesse Energy has a 12 month low of $17.22 and a 12 month high of $27.15.

Hedge Funds Weigh In On Vitesse Energy

Several hedge funds have recently made changes to their positions in the company. North Star Investment Management Corp. grew its holdings in shares of Vitesse Energy by 230.9% during the first quarter. North Star Investment Management Corp. now owns 135,054 shares of the company’s stock worth $2,453,000 after purchasing an additional 94,244 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Vitesse Energy by 141.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 30,845 shares of the company’s stock worth $594,000 after purchasing an additional 18,062 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Vitesse Energy by 15.1% during the fourth quarter. NewEdge Advisors LLC now owns 20,199 shares of the company’s stock worth $389,000 after buying an additional 2,648 shares during the period. VARCOV Co. acquired a new stake in shares of Vitesse Energy during the fourth quarter worth about $822,000. Finally, Odyssean LLC acquired a new stake in shares of Vitesse Energy during the fourth quarter worth about $232,000. Hedge funds and other institutional investors own 51.63% of the company’s stock.

Vitesse Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a dividend of $0.4375 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $1.75 annualized dividend and a dividend yield of 9.7%. Vitesse Energy’s dividend payout ratio (DPR) is presently 277.78%.

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.