olivLaw · US equity research
Vitesse Energy, Inc. VTS
Crude Petroleum & Natural Gas · SIC 1311 · Vertical: Crude Petroleum & Natural Gas (SIC 1311)
Vitesse Energy is a company that holds mostly non-operated financial interests in oil and gas wells in the Williston Basin and other U.S. basins, with the stated aim of returning capital to shareholders through a fixed dividend. In the second quarter of 2026 it reported production of 17,354 Boe/d and total revenue of 91.0 million USD, which makes it relevant how oil price volatility affects its ability to sustain the dividend.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Vitesse Energy, Inc. (VTS) stock was 14.67 USD (−5.05% on the day), with market capitalisation 618.1 m USD, dividend yield 12.78%, beta 0.55, 52-week range 14.67–22.75 USD. Latest reported quarter (Q3 2026): revenue of 83.0 m USD (+23.0% YoY), net income of -36.4 m USD, diluted EPS -0.86 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 21.8
- oversold (≤ 30)
- Bollinger (20, 2)
- 15.70 – 19.51
- below the lower band · %B -0.27 · band width 21.6%
- SMA 50 / 200
- 17.48 / 17.94
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.24 / 0.11
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −14.0% | −2.0% | −12.0 pp | — |
| 3 months | −7.2% | −2.2% | −5.0 pp | — |
| 6 months | −20.7% | +4.3% | −25.0 pp | — |
| Year to date | −23.8% | +10.6% | −34.4 pp | — |
| 1 year | −29.6% | +10.5% | −40.1 pp | +24.4% |
| 3 years | −39.8% | +73.7% | −113.5 pp | +5.8% |
| 5 years | unavailable | +61.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 55.9 m | 66.2 m | 81.8 m | 67.4 m | 58.6 m | 67.4 m | 91.0 m | 83.0 m |
| Operating income | 2.1 m | 5.4 m | 18.7 m | 108.0 k | -7.0 m | 5.9 m | 20.9 m | 16.3 m |
| Interest expense | 2.5 m | 2.9 m | 2.5 m | 2.4 m | 2.4 m | 2.6 m | 3.0 m | 3.3 m |
| Pre-tax income | -6.6 m | 2.5 m | 34.5 m | -1.6 m | -357.0 k | -51.7 m | 39.9 m | -45.5 m |
| Income tax | -1.5 m | -201.0 k | 9.9 m | -254.0 k | 382.0 k | -9.5 m | 6.8 m | -9.1 m |
| Net income | -5.1 m | 2.7 m | 24.7 m | -1.3 m | -739.0 k | -42.3 m | 33.1 m | -36.4 m |
| Diluted EPS | -0.16 ≈ | 0.08 | 0.60 | -0.03 | -0.02 ≈ | -1.05 | 0.77 | -0.86 |
| Operating cash flow | 34.7 m | 17.5 m | 66.0 m ≈ | 49.4 m ≈ | 37.4 m | 24.0 m | 25.4 m ≈ | 39.4 m ≈ |
| Dividends paid | 16.0 m | 26.0 m | 21.8 m ≈ | 22.0 m ≈ | 22.3 m | 23.5 m | 20.6 m ≈ | 18.6 m ≈ |
| Share repurchases | 0 | — | — | — | — | — | — | — |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | 97.2 m | 167.8 m | 281.9 m | 233.9 m | 242.0 m | 274.0 m |
| Revenue YoY | unavailable | +72.6% | +68.0% | −17.0% | +3.5% | +13.2% |
| Net income | -8.9 m | 18.1 m | 118.9 m | -19.7 m | 21.1 m | 25.3 m |
| Net income YoY | unavailable | unavailable | +556.4% | −116.6% | unavailable | +20.0% |
| Diluted EPS | -0.02 | 0.04 | 0.26 | -0.73 | 0.64 | 0.64 |
| Diluted EPS YoY | unavailable | unavailable | +550.0% | −380.8% | unavailable | 0.0% |
| net % | -9.1% | 10.8% | 42.2% | -8.4% | 8.7% | 9.2% |
| Free cash flow | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 1.3 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 629.3 m USD
- Total assets
- 893.4 m USD
- Debt / equity
- unavailable
- Current ratio
- 1.02x
- ROE
- 4.5%
- ROA
- 3.0%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 97.2 m | 167.8 m | 281.9 m | 233.9 m | 242.0 m | 274.0 m | SEC (XBRL)· 02 Mar 2026verified |
| Operating income | -33.8 m | 53.9 m | 153.9 m | 34.9 m | 41.0 m | 17.1 m | SEC (XBRL)· 02 Mar 2026verified |
| Interest expense | 4.7 m | 3.2 m | 4.2 m | 5.3 m | 10.0 m | 10.2 m | SEC (XBRL)· 02 Mar 2026verified |
| Pre-tax income | — | 18.1 m | 118.9 m | 42.2 m | 28.7 m | 35.1 m | SEC (XBRL)· 02 Mar 2026verified |
| Income tax | — | 0 | 0 | 61.9 m | 7.7 m | 9.8 m | SEC (XBRL)· 02 Mar 2026verified |
| Net income | -8.9 m | 18.1 m | 118.9 m | -19.7 m | 21.1 m | 25.3 m | SEC (XBRL)· 02 Mar 2026verified |
| Diluted EPS | -0.02 | 0.04 | 0.26 | -0.73 | 0.64 | 0.64 | SEC (XBRL)· 02 Mar 2026verified |
| Weighted average diluted shares | 438.6 m | 438.6 m | 438.6 m | 29.6 m | 32.9 m | 39.6 m | SEC (XBRL)· 02 Mar 2026verified |
| Dividend per share | — | — | — | 2.00 | 2.08 | 2.25 | SEC (XBRL)· 02 Mar 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 1.7 m | 2.8 m | 10.0 m | 552.0 k | 3.0 m | 1.3 m | SEC (XBRL)· 02 Mar 2026verified |
| Receivables | — | 32.0 m | 41.4 m | 44.9 m | 39.8 m | 30.6 m | SEC (XBRL)· 02 Mar 2026verified |
| Current assets | — | 36.4 m | 54.4 m | 58.3 m | 50.9 m | 52.2 m | SEC (XBRL)· 02 Mar 2026verified |
| Property, plant & equipment, net | — | 223.0 k | 114.0 k | 189.0 k | 182.0 k | 123.0 k | SEC (XBRL)· 02 Mar 2026verified |
| Total assets | — | 614.1 m | 660.5 m | 766.0 m | 810.9 m | 893.4 m | SEC (XBRL)· 02 Mar 2026verified |
| Accounts payable | — | 4.6 m | 7.2 m | 27.7 m | 34.3 m | 11.8 m | SEC (XBRL)· 02 Mar 2026verified |
| Current liabilities | — | 32.2 m | 36.7 m | 60.4 m | 100.3 m | 51.3 m | SEC (XBRL)· 02 Mar 2026verified |
| Total liabilities | — | 114.9 m | 91.5 m | 219.6 m | 310.6 m | 264.0 m | SEC (XBRL)· 02 Mar 2026verified |
| Equity | — | — | 564.4 m † | 546.4 m † | 500.3 m † | 629.3 m † | SEC (XBRL)· 02 Mar 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 76.3 m | 87.0 m | 147.0 m | 141.9 m | 155.0 m | 170.3 m | SEC (XBRL)· 02 Mar 2026verified |
| Investing cash flow | -70.8 m | -43.3 m | -84.6 m | -120.7 m | -115.3 m | -127.7 m | SEC (XBRL)· 02 Mar 2026verified |
| Financing cash flow | -5.5 m | -42.6 m | -57.8 m | -30.7 m | -37.3 m | -44.3 m | SEC (XBRL)· 02 Mar 2026verified |
| Dividends paid | — | 12.0 m | 36.0 m | 58.0 m | 63.6 m | 92.1 m | SEC (XBRL)· 02 Mar 2026verified |
| Share repurchases | — | 0 | 0 | 248.0 k | 0 | 0 | SEC (XBRL)· 02 Mar 2026verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- score weight coverage: 39.6% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 618.1 m USD
Key indicators
Coverage and freshness
Score by group
40% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 29.57 – 39.76 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)29.57 – 39.76 (Mid 33.92)
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 39.6% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | -15.4% | 22 (vs peers) | 16% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | -0.9% | 0 (on a fixed band) | 21% |
| EPS CAGR 3Y · Growth | 35.0% | 100 (on a fixed band) | 21% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 3.2x | 26 (on a fixed band) | 16% |
| Current ratio · Balance sheet | 0.6x | 0 (on a fixed band) | 11% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | 13.8% | 100 (on a fixed band) | 16% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet16/100 · 2/3 factors with a value
- Growth50/100 · 2/2 factors with a value
- Quality· partial22/100 · 1/3 factors with a value
- Returns· partial100/100 · 1/2 factors with a value
- Valuation· partialunavailable · 0/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Vitesse Energy, Inc. (VTS). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: revenue 274.0 m USD in 2025; YoY growth 13.2%; net margin -15.4%; ROE -7.6%.
The estimated value range is 29.57–39.76 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 33.92 USD, the price of 14.67 USD leaves a potential of 131.2% (value / price − 1) and a margin of safety of 56.7% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 39.6% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- EPS CAGR 3Y: 35.0%
- Shareholder yield (distributions): 13.8%
- The price is below the estimated value range
What contradicts it
- Net margin: -15.4%
- Revenue CAGR 3Y: -0.9%
- Interest coverage: 3.2x
- Current ratio: 0.6x
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, Net debt / EBITDA, P/E (TTM), EV/EBITDA, FCF yield, Payout ratio (FCF).
Versus the vertical median
Crude Petroleum & Natural Gas (SIC 1311) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| TTETotalEnergies SE | 199.6 bn | 15.7 | 11.3% | 6.5% | −6.2% | +38% / +33% |
| EOGEog Resources, Inc. | 81.4 bn | 12.1 | 22.5% | 25.4% | −4.5% | +44% / +26% |
| OXYOccidental Petroleum Corporation | 60.4 bn | 9.1 | 18.9% | 33.7% | −1.9% | +44% / +2% |
| FANGDiamondback Energy, Inc. | 53.9 bn | 37.4 | 3.8% | 8.6% | +35.8% | +26% / +25% |
| DVNDevon Energy Corp | 52.4 bn | 11.3 | 11.5% | 16.7% | +7.8% | +28% / +6% |
| WDSWoodside Energy Group Ltd | 40.9 bn | 15.1 | 7.6% | 20.9% | −1.5% | +31% / +6% |
| EQTEqt Corporation | 33.9 bn | 12.9 | 10.9% | 28.4% | +63.9% | −11% / +36% |
| EXEExpand Energy Corporation | 20.8 bn | 7.8 | 14.6% | 19.8% | +186.3% | −26% / +12% |
| PRPermian Resources Corporation | 20.1 bn | 15.9 | 11.5% | 21.5% | +1.3% | +66% / +83% |
| OVVOvintiv Inc. | 17.9 bn | 13.4 | 12.1% | 12.8% | −2.7% | +62% / +50% |
| APAApa Corporation | 16.7 bn | 10.1 | 25.9% | — | unavailable | +91% / +33% |
| ARAntero Resources Corporation | 11.5 bn | 8.4 | 17.6% | 21.7% | +22.0% | +3% / +58% |
| SMSm Energy Co | 7.4 bn | 6.1 | 16.1% | 18.2% | +17.2% | +63% / −17% |
| CHRDChord Energy Corporation | 7.2 bn | 8.9 | 10.3% | 13.4% | −7.1% | +41% / −18% |
| CRGYCrescent Energy Company | 5.0 bn | 79.8 | 1.3% | 1.3% | +22.1% | +24% / +3% |
| CRCCalifornia Resources Corp | 4.3 bn | — | -15.5% | -18.1% | +14.7% | +1% / −6% |
| HESMHess Midstream LP | 4.1 bn | 10.9 | — | 23.2% | +8.4% | −6% / −2% |
| CRKComstock Resources, Inc. | 3.9 bn | 7.6 | 21.1% | 23.3% | +77.0% | −50% / +36% |
| PHXE-PPhoenix Energy One, LLC | 2.6 bn | 332.2 | 49.7% | 0.7% | +144.4% | +26% / unavailable |
| NOGNorthern Oil And Gas, Inc. | 2.4 bn | — | -22.1% | -25.4% | +11.2% | −1% / −40% |
| BKVBKV Corp | 2.1 bn | 6.8 | 14.1% | 19.5% | +9.9% | −31% / unavailable |
| DMLPDorchester Minerals, L.P. | 1.4 bn | 15.6 | — | 45.5% | −5.4% | +27% / −5% |
| TBNTamboran Resources Corporation | 982.4 m | — | -4.8% | — | unavailable | +18% / unavailable |
| REPXRiley Exploration Permian, Inc. | 950.0 m | 7.8 | 19.9% | 24.5% | −4.4% | +57% / +74% |
| TTITETRA Technologies, Inc. | 917.3 m | 100.8 | 2.5% | 1.4% | +5.3% | −20% / +31% |
1- and 3-year price returns: for VTS from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 03 Aug 2026; since then the company filed 8-K (02 Nov 2026 · results), 10-Q (02 Nov 2026).
In brief
Vitesse Energy is a company that holds mostly non-operated financial interests in oil and gas wells in the Williston Basin and other U.S. basins, with the stated aim of returning capital to shareholders through a fixed dividend. In the second quarter of 2026 it reported production of 17,354 Boe/d and total revenue of 91.0 million USD, which makes it relevant how oil price volatility affects its ability to sustain the dividend 32.
SWOT
Strengths
- The company has a cash-flow-based dividend model, a balance sheet that management describes as strong, and substantial hedging of production that supports revenue predictability.
- Its position in the Bakken and Three Forks of the Williston Basin gives it a well-known operating concentration with many productive wells, allowing good oversight of its main area of activity.
- The non-operator model spreads operational risk across several operators and limits direct operating expenses for the company.
Weaknesses
- Dependence on oil makes revenue sensitive to crude price moves, and gas revenue has fallen significantly in the recent period.
- Activity is concentrated mainly in one geographic area, exposing the company to regional risks related to weather, infrastructure and local regulation.
- Reliance on third-party operators for well development can limit the company's control over the timing and pace of investment.
Opportunities
- Integrating the Powder River Basin assets and raising production could support gradual revenue growth if operating results hold.
- High oil prices during geopolitical tension could let the company earn better returns on unhedged production.
- Selective asset purchases, when returns exceed internal hurdle rates, could expand the reserve base without weakening the balance sheet.
Threats
- Prolonged declines in oil and gas prices could reduce cash flow, dividend capacity and the value of proved reserves.
- Greenhouse gas emission rules and federal land policies could raise operating costs or limit access to new properties.
- A reduction in the borrowing base under the revolving credit facility could limit liquidity available for investment and shareholder distributions.
Risks
- Oil and gas price volatilityhigh
Oil and gas prices are volatile, and prolonged declines could weigh on financial results, cash flow and the ability to pay dividends.
- Geographic concentrationhigh
Most productive properties are in the Williston Basin, exposing the company to risks specific to that region, including weather, infrastructure limits and changes in local regulation.
- Indebtedness and credit restrictionsmedium
The revolving credit facility and other loan agreements contain operating and financial restrictions, and a reduction in the borrowing base could limit liquidity and the capacity to pay dividends.
- Dependence on third-party operatorsmedium
Development of non-operated assets depends on third parties, which could delay projects or raise costs if operators do not follow their investment plans.
- Environmental and climate regulationmedium
Compliance with environmental law and possible greenhouse gas regulation could raise operating costs and could reduce demand for the company's production.
Investment thesis
What would need to be true (bull case)
- The company reported operating cash flow and a leverage level that management describes as moderate, which could support the fixed dividend if oil prices stay at favorable levels.
- Integrating the Powder River Basin assets and raising production from the prior quarter could support a positive operating trend in the period ahead.
- Substantial hedging of oil production could give greater revenue predictability even in volatile markets.
What would break the thesis
- Revenue depends heavily on the oil price, and a prolonged decline could significantly reduce cash flow and the capacity to sustain the dividend.
- Concentration in one geographic area and reliance on third-party operators could amplify the impact of local events or delays in development programs.
- Rising debt and credit agreement restrictions could limit financial flexibility, especially if the borrowing base shrinks during periods of low prices.
What to watch
- Production against the revised 2026 guidanceQ3 2026
- Effect of the May 2026 change in chief executive on capital allocation strategy2027
- Borrowing base of the revolving credit facility and the level of debtQ4 2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 03 Aug 2026; since then the company filed 8-K (02 Nov 2026 · results), 10-Q (02 Nov 2026).
The business
The cost structure includes price differentials against the WTI and NYMEX benchmarks, lease operating expenses, production taxes, depletion, depreciation, amortization and accretion, and general and administrative expenses. The company uses derivative instruments to hedge a substantial portion of production, which can limit both losses and gains from favorable price moves 12.
Segments
Market context
The U.S. oil and gas market is marked by high volatility, shaped by OPEC and Saudi Arabian production decisions, the Russia-Ukraine and Middle East conflicts, tariff and trade policy and global demand 12. As of the August 2026 release, the conflict in Iran and disruption of maritime traffic through the Strait of Hormuz had caused significant volatility in commodity prices 2.
Trends
- Crude oil price volatilitymixed
Oil prices have shown sustained volatility, which can make it hard to forecast financial results. If prices stay high, revenue and cash flow could benefit, but prolonged declines could reduce the capacity to sustain the dividend 12.
- Geopolitical conflictstailwind
The conflict in Iran and the disruption of the Strait of Hormuz temporarily pushed oil prices higher, which could support revenue in peak periods but also adds uncertainty to investment planning 2.
- Cost of capital and interest ratesheadwind
Elevated interest rates and the cost of capital can make funding well development more expensive and can affect operator decisions, while variable-rate debt exposes the company to rising debt service costs 1.
- Williston Basin transport infrastructuretailwind
Additional pipeline capacity in the Williston Basin has increased takeaway capacity and improved wellhead values, supporting revenue in the region where the company derives most of its income 1.
Competitive position
The reviewed filings do not describe direct competitors in detail, but they note that the company competes with other industry participants for acreage and high-quality properties in its acquisition strategy 1. The company operates as a non-operator and depends on third-party operators for well development 3.
- Independent operators in the Williston Basin
The operators in the same area are those from which Vitesse acquires interests and on which it depends for development, which also makes them competitors for acreage and capital.
- Other exploration and production companies in the Denver-Julesburg and Powder River basins
The company is also active in these basins, where it competes with other producers for access to assets, rigs and specialized personnel, according to the general description in the filings.
- Companies seeking federal lease access
Restrictions on acquiring federal leases make access to properties on federal land contested among several industry participants.
- Other buyers of oil and gas assets
The acquisition strategy involves competing with other entities interested in oil assets, which can influence purchase prices and expected returns.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Quarterly report02 Nov 2026
- Current report02 Nov 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report05 Oct 2026Departure or appointment of officers
- Quarterly report03 Aug 2026
- Current report03 Aug 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report10 Jun 2026Shareholder vote
- Quarterly report04 May 2026
- Current report04 May 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Proxy statement17 Apr 2026
- Current report10 Apr 2026Item 3.02 · Other events · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Vitesse Energy, Inc. · 02 Mar 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Vitesse Energy, Inc. · 03 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Vitesse Energy, Inc. · 03 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.