Vitesse EnergyVTS
VTS
About: Vitesse Energy Inc is an independent energy company focused on returning capital to stockholders through owning interests as a non-operator in oil and natural gas wells. It is engaged in the acquisition, development, and production of non-operated oil and natural gas properties in the United States that are generally operated by oil companies and are in the Williston Basin of North Dakota and Montana. The company also have properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.
Employees: 40
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
53% more call options, than puts
Call options by funds: $3.47M | Put options by funds: $2.26M
2% more capital invested
Capital invested by funds: $375M [Q2] → $382M (+$6.53M) [Q3]
0.49% more ownership
Funds ownership: 53.78% [Q2] → 54.27% (+0.49%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
9% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 70
2% less funds holding
Funds holding: 227 [Q2] → 223 (-4) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$29
11%
upside
Avg. target
$30
15%
upside
High target
$31
19%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Northland Capital Markets Bobby Brooks 81% 1-year accuracy 17 / 21 met price target | 19%upside $31 | Outperform Maintained | 16 Jan 2025 |
Alliance Global Partners Jeff Grampp 67% 1-year accuracy 8 / 12 met price target | 11%upside $29 | Buy Upgraded | 18 Dec 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
1 month ago
Vitesse Inks a $222M Strategic Expansion Deal to Acquire Lucero Energy
VTS announces the acquisition of Lucero Energy in a $222M all-stock deal, enhancing its financial strength, operational scope and shareholder returns.
Neutral
GlobeNewsWire
1 month ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates VTS and HURA on Behalf of Shareholders
NEW YORK, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Neutral
PRNewsWire
1 month ago
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Vitesse Energy, Inc. - VTS
NEW YORK , Dec. 16, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Vitesse Energy, Inc. (NYSE: VTS ), relating to the proposed merger with Lucero Energy Corp. Under the terms of the agreement, Vitesse stockholders are expected to own approximately 80% of the Company and Lucero shareholders are expected to own 20%.
Neutral
Business Wire
1 month ago
VTS Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of Vitesse Energy, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Vitesse Energy, Inc. (NYSE: VTS) and Lucero Energy Corp. is fair to Vitesse shareholders. In connection with the proposed transaction, Vitesse is expected to issue 8,175,000 shares of common stock to Lucero shareholders. Upon closing, Vitesse shareholders are expected to own approximately 80% of the combined company. Halper Sadeh encourages Vitesse shareholders to click here to learn.
Neutral
Business Wire
1 month ago
Vitesse Energy to Acquire Lucero Energy in Accretive All-Stock Transaction Supporting Increase to Vitesse's Dividend
GREENWOOD VILLAGE, Colo. & CALGARY, Alberta--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“we,” “Vitesse,” or the “Company”) and Lucero Energy Corp. (TSXV: LOU, OTCQB: PSHIF) (“Lucero”) today announced they have entered into a definitive agreement under which Vitesse will acquire Lucero in an all-stock transaction with a fully diluted equity value of US$222 million. Under the terms of the agreement, Lucero shareholders will receive 0.01239 of a share of Vitesse common stock for each commo.
Positive
The Motley Fool
1 month ago
3 High-Yield Dividend Stocks to Buy in December for Generating Reliable Passive Income
With just one month left in the year, now is the perfect time for investors to conduct a portfolio review and update their watch lists for top stocks to buy now. But with the broader stock market indexes around all-time highs, it has become increasingly harder to scoop up shares of quality companies in the bargain bin.
Positive
The Motley Fool
2 months ago
This Dividend Stock Has a Huge 7.5% Yield and Isn't as Risky as You Might Think
Vitesse Energy (VTS 1.22%) offers a 7.5% yield. Unlike many other oil and gas companies, its story isn't solely about relying on oil and gas prices to drive the share price or sustain the dividend.
Neutral
Seeking Alpha
2 months ago
Vitesse Energy, Inc. (VTS) Q3 2024 Earnings Call Transcript
Vitesse Energy, Inc. (NYSE:VTS ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Ben Messier - Director of Investor Relations and Business Development Bob Gerrity - Chairman and Chief Executive Officer Brian Cree - President James Henderson - Chief Financial Officer Conference Call Participants Jeff Grampp - Alliance Global Partners Noel Parks - Tuohy Brothers Operator Greetings. Welcome to the Vitesse Energy Third Quarter 2024 Earnings Call.
Negative
Zacks Investment Research
2 months ago
Vitesse Energy (VTS) Misses Q3 Earnings and Revenue Estimates
Vitesse Energy (VTS) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago.
Neutral
Business Wire
2 months ago
Vitesse Energy Announces Third Quarter 2024 Results, Revised 2024 Guidance and Preliminary 2025 Outlook
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today reported the Company's third quarter 2024 financial and operating results, revised 2024 guidance, and provided a preliminary outlook for 2025. THIRD QUARTER 2024 HIGHLIGHTS As previously announced, declared a quarterly cash dividend of $0.525 per common share to be paid on December 31, 2024 Net income of $17.4 million and Adjusted Net Income(1) of $7.6 million Adjusted EB.
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