Vitesse Energy (VTS) to Release Quarterly Earnings on Monday

Vitesse Energy (NYSE:VTS) is anticipated to announce its earnings results before the market opens on Monday, February 24th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $58.90 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Vitesse Energy Trading Down 2.3 %

Shares of VTS stock opened at $26.32 on Friday. The firm has a market capitalization of $777.43 million, a P/E ratio of 18.03 and a beta of 0.51. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.20. The firm’s fifty day simple moving average is $26.08 and its 200 day simple moving average is $25.74. Vitesse Energy has a 1 year low of $20.54 and a 1 year high of $28.41.

Analyst Upgrades and Downgrades

VTS has been the topic of several analyst reports. Northland Capmk raised shares of Vitesse Energy to a “strong-buy” rating in a report on Thursday, January 16th. Alliance Global Partners raised shares of Vitesse Energy from a “neutral” rating to a “buy” rating and boosted their price target for the company from $26.00 to $29.00 in a report on Tuesday, December 17th. Finally, Northland Securities boosted their price target on shares of Vitesse Energy from $28.00 to $31.00 and gave the company an “outperform” rating in a report on Thursday, January 16th.

Insider Activity

In other news, CAO Mike Morella sold 8,143 shares of the business’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $26.69, for a total value of $217,336.67. Following the sale, the chief accounting officer now owns 81,615 shares in the company, valued at approximately $2,178,304.35. The trade was a 9.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Michael Sabol sold 6,714 shares of the business’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $26.70, for a total transaction of $179,263.80. Following the completion of the sale, the vice president now owns 63,411 shares in the company, valued at $1,693,073.70. This represents a 9.57 % decrease in their position. The disclosure for this sale can be found here. 15.80% of the stock is owned by corporate insiders.

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.