Vitesse Energy (VTS) Projected to Post Earnings on Monday

Vitesse Energy (NYSE:VTS - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results 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 Performance

VTS stock traded up $0.44 during midday trading on Thursday, reaching $20.89. 202,001 shares of the company were exchanged, compared to its average volume of 207,379. The business has a 50-day moving average price of $22.92 and a two-hundred day moving average price of $25.15. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $805.89 million, a price-to-earnings ratio of 14.31 and a beta of 0.56. Vitesse Energy has a one year low of $18.90 and a one year high of $28.41.

Vitesse Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 21st were given a dividend of $0.5625 per share. The ex-dividend date of this dividend was Friday, March 21st. This is an increase from Vitesse Energy's previous quarterly dividend of $0.53. This represents a $2.25 annualized dividend and a yield of 10.77%. Vitesse Energy's dividend payout ratio (DPR) is 351.56%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on VTS. Roth Mkm boosted their price target on Vitesse Energy from $30.50 to $33.00 and gave the company a "buy" rating in a research note on Wednesday, April 2nd. Evercore ISI reaffirmed an "in-line" rating and issued a $28.00 price objective on shares of Vitesse Energy in a report on Wednesday, March 19th. Northland Securities lifted their price objective on shares of Vitesse Energy from $28.00 to $31.00 and gave the company an "outperform" rating in a research note on Thursday, January 16th. Finally, Northland Capmk upgraded shares of Vitesse Energy to a "strong-buy" rating in a research note on Thursday, January 16th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target 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.