Vitesse Energy (VTS) Stock Price, News & Analysis

Company Overview

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. The company also owns non-operated interests in the Central Rockies properties located in Colorado and Wyoming. Vitesse Energy, Inc. was founded in 2014 and is based in Centennial, Colorado.

Key Stats

• Today's Range: $24.66 to $25.13
• 50-Day Range: $22.79 to $26.35
• 52-Week Range: $19.63 to $26.68
• Volume: 168,360 shs
• Average Volume: 199,359 shs
• Market Capitalization: $735.66 million
• P/E Ratio: 29.74
• Dividend Yield: 8.41%
• Price Target: $28.17
• Consensus Rating: Buy

Vitesse Energy Stock Analysis - MarketRank™

Vitesse Energy scored higher than 72% of companies evaluated by MarketBeat, and ranked 123rd out of 253 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Vitesse Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Vitesse Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 32.14%

Earnings Growth

Earnings for Vitesse Energy are expected to grow by 32.14% in the coming year, from $1.40 to $1.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Vitesse Energy is 29.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Vitesse Energy is 29.82, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.53.

Price to Book Value per Share Ratio

Vitesse Energy has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.37% of the float of Vitesse Energy has been sold short.

Short Interest Ratio / Days to Cover

Vitesse Energy has a short interest ratio ("days to cover") of 12.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Vitesse Energy has recently decreased by 3.10%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Vitesse Energy is a leading dividend payer. It pays a dividend yield of 8.79%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Vitesse Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Vitesse Energy is 250.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Vitesse Energy will have a dividend payout ratio of 113.51% in the coming year. This indicates that Vitesse Energy may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

9.37% of the float of Vitesse Energy has been sold short.

Short Interest Ratio / Days to Cover

Vitesse Energy has a short interest ratio ("days to cover") of 12.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Vitesse Energy has recently decreased by 3.10%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.52

News Sentiment

Vitesse Energy has a news sentiment score of 1.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Vitesse Energy this week, compared to 1 article on an average week.

Search Interest

Only 5 people have searched for VTS on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Vitesse Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Vitesse Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $247,300.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

15.80% of the stock of Vitesse Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

51.63% of the stock of Vitesse Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

VTS Stock Analysis - Frequently Asked Questions

How have VTS shares performed this year?

Vitesse Energy's stock was trading at $21.89 at the start of the year. Since then, VTS shares have increased by 14.4% and is now trading at $25.05.
View the best growth stocks for 2024 here.

How were Vitesse Energy's earnings last quarter?

Vitesse Energy, Inc. (NYSE:VTS) issued its quarterly earnings data on Monday, August, 5th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by $0.01. The company had revenue of $66.60 million for the quarter, compared to the consensus estimate of $63.89 million. Vitesse Energy had a net margin of 10.78% and a trailing twelve-month return on equity of 7.94%.

Who are Vitesse Energy's major shareholders?

Top institutional investors of Vitesse Energy include Dimensional Fund Advisors LP (3.09%), LSV Asset Management (1.32%), American Century Companies Inc. (0.97%) and Bank of New York Mellon Corp (0.94%). Insiders that own company stock include Brian Cree, Robert W Gerrity, James P Henderson, Christopher I Humber and Leary Dan O.
View institutional ownership trends.

How do I buy shares of Vitesse Energy?

Shares of VTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 6/28 Dividend: 6/14/2024
• Dividend Payable: 6/28/2024
• Last Earnings: 8/05/2024
• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Today: 9/19/2024
• Dividend Payable: 9/30/2024
• Next Earnings (Estimated): 11/06/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:VTS
• CUSIP: N/A
• CIK: 1944558
• Web: www.vitesseoil.com
• Phone: 720-361-2500
• Fax: N/A
• Employees: 36
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $28.17
• High Stock Price Target: $30.50
• Low Stock Price Target: $26.00
• Potential Upside/Downside: +13.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.84
• Trailing P/E Ratio: 29.49
• Forward P/E Ratio: 17.69
• P/E Growth: N/A
• Net Income: $-19,740,000.00
• Net Margins: 10.78%
• Pretax Margin: 17.81%
• Return on Equity: 7.94%
• Return on Assets: 5.57%

Debt

• Debt-to-Equity Ratio: 0.22
• Current Ratio: 0.83
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $233.90 million
• Price / Sales: 3.12
• Cash Flow: $3.63 per share
• Price / Cash Flow: 6.83
• Book Value: $18.42 per share
• Price / Book: 1.34

Miscellaneous

• Outstanding Shares: 29,450,000
• Free Float: 24,801,000
• Market Cap: $729.48 million
• Optionable: Not Optionable
• Beta: 0.24