Business Wire·Mar 2, 2026, 4:06 PM ET

Vitesse Energy Announces Signing of Accretive Acquisition, Fourth Quarter and Full Year 2025 Results, and Issues 2026 Production and Capital Expenditures Guidance

Vitesse Energy announced an all-stock acquisition of non-operated Powder River Basin assets in Wyoming for $35 million with a January 1, 2026 effective date.
The company declared a first quarter 2026 cash dividend of $0.4375 per share to be paid on March 31, 2026.
Full year 2025 net income was $25.3 million with Adjusted Net Income of $30.4 million.
2025 Adjusted EBITDA reached $179.3 million while cash flow from operations totaled $170.3 million.
Full year 2025 production averaged 17,444 Boe per day consisting of 65% oil.
Total 2025 cash development capital expenditures and acquisition costs were $127.7 million.
As of December 31, 2025, total debt was $124.5 million resulting in a Net Debt to Adjusted EBITDA ratio of 0.69.
Total proved reserves increased 19% to 47.8 million Boe driven by the March 2025 Lucero Energy acquisition.
2026 production guidance is set between 16,000 and 17,500 Boe per day.
2026 total cash capital expenditure guidance is reduced to $50 million to $80 million.
Vitesse expects approximately 64% of 2026 oil production and 44% of 2026 natural gas production to be hedged.
Management noted that recent Middle East events allowed the company to hedge the acquisition above underwritten prices.
The Powder River Basin acquisition includes over 6,000 net acres with expected net production of approximately 1,400 Boe per day for 2026.
The company reported a commodity derivative gain of $27.93 million for the full year 2025.