Vitesse Energy (VTS) Set to Announce Earnings on Monday

Vitesse Energy (NYSE:VTS) is scheduled to be releasing its earnings data after the market closes on Monday, August 5th. Analysts expect Vitesse Energy to post earnings of $0.30 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Vitesse Energy (NYSE:VTS) last posted its quarterly earnings results on Monday, May 6th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.03. Vitesse Energy had a net margin of 10.92% and a return on equity of 7.87%. The firm had revenue of $61.19 million during the quarter, compared to the consensus estimate of $61.05 million. 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 Stock Performance

Vitesse Energy stock opened at $23.64 on Friday. The company has a 50 day moving average price of $24.62 and a 200-day moving average price of $23.39. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 0.88. Vitesse Energy has a fifty-two week low of $19.63 and a fifty-two week high of $26.68. The company has a market capitalization of $696.20 million, a PE ratio of 28.14 and a beta of 0.25.

Vitesse Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 8.88%. The ex-dividend date of this dividend is Monday, September 16th. Vitesse Energy’s dividend payout ratio is presently 250.00%.

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.