Vitesse Energy, Inc.
VTS · Crude Petroleum & Natural Gas · 41.7M shares · -59%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$32M (gross $248K, SBC $32M)
Grade
C64Non-operated Williston Basin oil & gas mineral/royalty holder with mid-pack returns.
Strengths
- Strong operating cash conversion (OCF margin 62%, 84th pct) and double-digit revenue growth (13%, 68th)
- Reserve growth via Lucero acquisition; 87% of PV-10 from producing wells
Risks
- Below-median ROE (4.0%, 44th pct) and modest ROA (2.8%) — no standout return profile
- Commodity-price sensitivity and proved-undeveloped reserve revisions
- Operations dependent on third-party operators' drilling decisions
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Buying back stockNet buyback — share count -59%/yr over 3y
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
6.3%
Net margin
9.2%
Return on equity
4.0%
Return on assets
2.8%
Revenue growth (QoQ)
15.0%
Net-income growth
20.0%
Current ratio
1.0×
Tangible book value
$629M
Stock comp / revenue
3.7%
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-10 | Shareholder vote | filing ↗ |
| 2026-05-04 | ResultsReg FDExhibits | filing ↗ |
| 2026-04-10 | 3.02OtherExhibits | filing ↗ |
| 2026-03-26 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-03-13 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-03-02 | ResultsReg FDExhibits | filing ↗ |
| 2025-11-03 | ResultsReg FDExhibits | filing ↗ |
| 2025-08-04 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-10 | 2026-06-05 | 0001944558-26-000039 ↗ |
| 8-K | 2026-05-04 | 2026-05-04 | 0001944558-26-000023 ↗ |
| 10-Q | 2026-05-04 | 2026-03-31 | 0001944558-26-000024 ↗ |
| 8-K | 2026-04-10 | 2026-04-08 | 0001944558-26-000018 ↗ |
| 8-K | 2026-03-26 | 2026-03-26 | 0001944558-26-000015 ↗ |
| 8-K | 2026-03-13 | 2026-03-11 | 0001944558-26-000012 ↗ |
| 10-K | 2026-03-02 | 2025-12-31 | 0001944558-26-000009 ↗ |
| 8-K | 2026-03-02 | 2026-03-02 | 0001944558-26-000008 ↗ |
| 8-K | 2025-11-03 | 2025-11-03 | 0001944558-25-000080 ↗ |
| 10-Q | 2025-11-03 | 2025-09-30 | 0001944558-25-000081 ↗ |
| 10-Q | 2025-08-04 | 2025-06-30 | 0001944558-25-000074 ↗ |
| 8-K | 2025-08-04 | 2025-08-04 | 0001944558-25-000073 ↗ |