Press Release: Vitesse Energy Announces Third Quarter 2024 Results, Revised 2024 Guidance and Preliminary 2025 Outlook

Dow Jones

2024-11-05

View source version on businesswire.com: https://www.businesswire.com/news/home/20241104722564/en/

 
    CONTACT:    INVESTOR AND MEDIA CONTACT

Ben Messier, CFA

Director -- Investor Relations and Business Development

(720) 532-8232

benmessier@vitesse-vts.com

(END) Dow Jones Newswires

November 04, 2024 16:06 ET (21:06 GMT)

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Oil and natural gas production for the third quarter of 2024 averaged 13,009 Boe per day. Oil represented 68% of production and 96% of total oil and natural gas revenue. Total revenue, including the effects of our realized hedges, was $59.7 million.Vitesse's average realized oil and natural gas prices before hedging were $69.43 per Bbl and $0.90 per Mcf, respectively, during the third quarter of 2024. The Company had hedges covering 63% of oil production in the third quarter of 2024 and its realized oil price with hedging was $71.20 per Bbl.Lease operating expenses in the third quarter of 2024 were $11.6 million, or $9.71 per Boe, a 3% decrease on a per unit basis compar","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"新闻稿：Vitesse Energy公布2024年第三季度业绩、修订后的2024年指引和2025年初步展望","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VTS":1},"content_text":"View source version on businesswire.com: https://www.businesswire.com/news/home/20241104722564/en/ \n\n\n \n    CONTACT:    INVESTOR AND MEDIA CONTACT \n\n\n     Ben Messier, CFA \n\n\n     Director -- Investor Relations and Business Development \n\n\n     (720) 532-8232 \n\n\n     benmessier@vitesse-vts.com \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 04, 2024 16:06 ET (21:06 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}