See more : Wanderport Corporation (WDRP) Income Statement Analysis – Financial Results
Complete financial analysis of Vitesse Energy, Inc. (VTS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Vitesse Energy, Inc., a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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Vitesse Energy, Inc. (VTS)
About Vitesse Energy, Inc.
Vitesse Energy, Inc. focuses on acquisition, ownership, exploration, development, management, production, exploitation, and dispose of oil and gas properties. The company acquires non-operated working interest and royalty interest ownership primarily in the core of the Bakken Field in North Dakota and Montana. It also owns non-operated interests in oil and gas properties in Colorado and Wyoming. The company was incorporated in 2022 and is based in Centennial, Colorado.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 233.91M | 300.07M | 185.18M | 97.23M | 171.30M |
| Cost of Revenue | 142.88M | 137.14M | 58.45M | 50.91M | 58.45M |
| Gross Profit | 91.02M | 162.93M | 126.73M | 46.33M | 112.85M |
| Gross Profit Ratio | 38.91% | 54.30% | 68.44% | 47.64% | 65.88% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 56.17M | 9.07M | 11.99M | 8.65M | 11.25M |
| Selling & Marketing | 0.00 | -2.87M | 0.00 | 0.00 | 0.00 |
| SG&A | 56.17M | 9.07M | 11.99M | 8.65M | 11.25M |
| Other Expenses | 0.00 | 20.00K | 60.85M | 58.31M | 64.72M |
| Operating Expenses | 56.17M | 9.07M | 72.84M | 66.96M | 75.97M |
| Cost & Expenses | 199.05M | 146.20M | 131.28M | 117.86M | 134.42M |
| Interest Income | 0.00 | 4.15M | 2.84M | 4.68M | 4.83M |
| Interest Expense | 5.28M | 4.15M | 3.21M | 4.68M | 4.83M |
| Depreciation & Amortization | 81.75M | 63.73M | 60.85M | 58.31M | 64.72M |
| EBITDA | 129.22M | 186.79M | 82.17M | 54.13M | 105.43M |
| EBITDA Ratio | 55.25% | 72.52% | 61.97% | 38.77% | 59.34% |
| Operating Income | 34.85M | 153.87M | 53.90M | -20.61M | 36.88M |
| Operating Income Ratio | 14.90% | 51.28% | 29.11% | -21.20% | 21.53% |
| Total Other Income/Expenses | 7.35M | -34.96M | -35.78M | 11.75M | -993.00K |
| Income Before Tax | 42.20M | 118.90M | 18.11M | -8.86M | 35.89M |
| Income Before Tax Ratio | 18.04% | 39.63% | 9.78% | -9.11% | 20.95% |
| Income Tax Expense | 61.95M | 3.21M | 3.22M | 4.70M | 4.88M |
| Net Income | -21.58M | 118.90M | 18.11M | -13.56M | 35.89M |
| Net Income Ratio | -9.22% | 39.63% | 9.78% | -13.94% | 20.95% |
| EPS | -0.73 | 0.26 | 0.62 | -0.48 | 1.23 |
| EPS Diluted | -0.73 | 0.26 | 0.62 | -0.48 | 1.23 |
| Weighted Avg Shares Out | 29.56M | 438.63M | 28.52M | 28.52M | 28.52M |
| Weighted Avg Shares Out (Dil) | 29.56M | 438.63M | 28.52M | 28.52M | 28.52M |
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Vitesse Energy, Inc. (VTS) Q1 2023 Earnings Call Transcript
Vitesse Energy, Inc. (NYSE:VTS ) Q1 2023 Earnings Conference Call May 9, 2023 9:00 AM ET Company Participants Ben Messier - Director-Investor Relations Bob Gerrity - Chairman and Chief Executive Officer Dave Macosko - Chief Financial Officer Brian Cree -...
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NEW YORK--(BUSINESS WIRE)--VTS, the commercial real estate industry’s only technology platform that unifies owners, operators, brokers, and tenants to capitalize on opportunities revealed in every square foot of their properties, today announced that it has launched a revolutionary new tenant...
Vitesse Energy Announces First Quarter 2023 Results
CENTENNIAL, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today announced the Company’s first quarter 2023 financial and operating results. HIGHLIGHTS Completed spin-off from Jefferies Financial Group Inc. (the “Spin-Off”) and closed the acquisition of Vitesse...
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