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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charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: Vitesse Energy Announces Third Quarter 2024 Results, Revised 2024 Guidance and Preliminary 2025 Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Vitesse Energy Announces Third Quarter 2024 Results, Revised 2024 Guidance and Preliminary 2025 Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-05 05:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20241104722564/en/ \n</p>\n<pre>\n \n    CONTACT:    INVESTOR AND MEDIA CONTACT \n</pre>\n<p>\n     Ben Messier, CFA \n</p>\n<p>\n     Director -- Investor Relations and Business Development \n</p>\n<p>\n     (720) 532-8232 \n</p>\n<p>\n     benmessier@vitesse-vts.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 04, 2024 16:06 ET (21:06 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VTS","symbol_name":"Vitesse Energy","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481552836","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481552836","pubTimestamp":1730754360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Vitesse Energy, Inc.   today reported the Company's third quarter 2024 financial and operating results, revised 2024 guidance, and provided a preliminary outlook for 2025.-- As previously announced, declared a quarterly cash dividend of $0.525 per. -- Net income of $17.4 million and Adjusted Net Income of $7.6 million. 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":{"VTS":"Vitesse Energy","BK4213":"石油与天然气的勘探与生产"},"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,"need_auth":true,"code":"91000000","status":"200"}}}