(VTS) Vitesse Energy - Overview
Sector: Energy | Industry: Oil & Gas E&P | Exchange: NYSE (USA) | Market Cap: 767m USD | Total Return: -4.6% in 12m
Avg Turnover: 8.59M
EPS Trend: -91.3%
Qual. Beats: 0
Rev. Trend: 90.8%
Qual. Beats: 0
Warnings
Interest Coverage Ratio -0.6 is critical
Beneish M-Score 1.00 > -1.5 - likely earnings manipulation
Altman Z'' -0.66 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
No distinct edge detected
Vitesse Energy, Inc. (VTS) is an exploration and production firm specializing in the acquisition and management of non-operated oil and natural gas interests. The company focuses on the Williston Basin in North Dakota and Montana, alongside additional holdings in the Central Rockies of Colorado and Wyoming.
The non-operated business model allows Vitesse to participate in drilling projects led by major operators without maintaining its own drilling rigs or infrastructure. This strategy reduces direct operational overhead while providing exposure to diversified acreage across established shale plays. Investors can evaluate the company’s valuation metrics further on ValueRay.
Founded in 2014 and headquartered in Colorado, Vitesse manages a portfolio of over 53,000 net acres. By holding both working and royalty interests, the company generates revenue through the sale of hydrocarbons produced by third-party partners.
- Bakken oil production volumes drive quarterly revenue and cash flow growth
- Capital allocation efficiency depends on non-operated working interest drilling costs
- Fluctuations in WTI crude oil prices dictate dividend payout sustainability
- Strategic acquisitions of non-operated acreage expand long-term inventory and reserves
- Regulatory changes in North Dakota impact oil and gas development timelines
| Net Income: -19.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 8.46 > 1.0 |
| NWC/Revenue: -13.91% < 20% (prev -10.59%; Δ -3.31% < -1%) |
| CFO/TA 0.20 > 3% & CFO 176.9m > Net Income -19.7m |
| Net Debt (147.1m) to EBITDA (124.8m): 1.18 < 3 |
| Current Ratio: 0.56 > 1.5 & < 3 |
| Outstanding Shares: last quarter (40.1m) vs 12m ago 14.22% < -2% |
| Gross Margin: 17.05% > 18% (prev 0.29%; Δ 1.68k% > 0.5%) |
| Asset Turnover: 29.63% > 50% (prev 25.32%; Δ 4.30% > 0%) |
| Interest Coverage Ratio: -0.57 > 6 (EBITDA TTM 124.8m / Interest Expense TTM 16.0m) |
| A: -0.04 (Total Current Assets 48.7m - Total Current Liabilities 87.0m) / Total Assets 882.6m |
| B: -0.05 (Retained Earnings -44.3m / Total Assets 882.6m) |
| C: -0.01 (EBIT TTM -9.22m / Avg Total Assets 928.9m) |
| D: -0.14 (Book Value of Equity -43.9m / Total Liabilities 312.1m) |
| Altman-Z'' = -0.66 = B |
| DSRI: 0.66 (Receivables 41.3m/56.6m, Revenue 275.2m/247.0m) |
| GMI: 1.72 (GM 17.05% / 29.36%) |
| AQI: 98.25 (AQ_t 0.94 / AQ_t-1 0.01) |
| SGI: 1.11 (Revenue 275.2m / 247.0m) |
| TATA: -0.22 (NI -19.7m - CFO 176.9m) / TA 882.6m) |
| Beneish M = 54.87 (Cap -4..+1) = D |
As of May 24, 2026, the stock is trading at USD 18.16 with a total of 390,382 shares traded.
Over the past week, the price has changed by -2.05%,
over one month by -1.25%,
over three months by -17.09% and
over the past year by -4.60%.
Vitesse Energy has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy VTS.
- StrongBuy: 2
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 23.8 | 30.8% |
P/S = 3.0393
P/B = 1.3425
Revenue TTM = 275.2m USD
EBIT TTM = -9.22m USD
EBITDA TTM = 124.8m USD
Long Term Debt = 144.5m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 150.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 5.75m
Net Debt = 147.1m USD (calculated: Debt 150.2m - CCE 3.18m)
Enterprise Value = 913.7m USD (766.7m + Debt 150.2m - CCE 3.18m)
Interest Coverage Ratio = -0.57 (Ebit TTM -9.22m / Interest Expense TTM 16.0m)
EV/FCF = 9.89x (Enterprise Value 913.7m / FCF TTM 92.4m)
FCF Yield = 10.11% (FCF TTM 92.4m / Enterprise Value 913.7m)
FCF Margin = 33.57% (FCF TTM 92.4m / Revenue TTM 275.2m)
Net Margin = -7.15% (Net Income TTM -19.7m / Revenue TTM 275.2m)
Gross Margin = 17.05% ((Revenue TTM 275.2m - Cost of Revenue TTM 228.3m) / Revenue TTM)
Gross Margin QoQ = 22.58% (prev 3.08%)
Tobins Q-Ratio = 1.04 (Enterprise Value 913.7m / Total Assets 882.6m)
Interest Expense / Debt = 10.68% (Interest Expense 16.0m / Debt 150.2m)
Taxrate = 27.93% (9.80m / 35.1m)
NOPAT = -6.65m (EBIT -9.22m * (1 - 27.93%)) [loss with tax shield]
Current Ratio = 0.56 (Total Current Assets 48.7m / Total Current Liabilities 87.0m)
Debt / Equity = 0.26 (Debt 150.2m / totalStockholderEquity, last quarter 570.4m)
Debt / EBITDA = 1.18 (Net Debt 147.1m / EBITDA 124.8m)
Debt / FCF = 1.59 (Net Debt 147.1m / FCF TTM 92.4m)
Total Stockholder Equity = 630.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.12% (Net Income -19.7m / Total Assets 882.6m)
RoE = -2.92% (Net Income TTM -19.7m / Total Stockholder Equity 674.8m)
RoCE = -1.13% (EBIT -9.22m / Capital Employed (Equity 674.8m + L.T.Debt 144.5m))
RoIC = -0.84% (negative operating profit) (NOPAT -6.65m / Invested Capital 792.4m)
WACC = 9.13% (E(766.7m)/V(916.9m) * Re(9.41%) + D(150.2m)/V(916.9m) * Rd(10.68%) * (1-Tc(0.28)))
Discount Rate = 9.41% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 68.89 | Cagr: 9.30%
[DCF] Terminal Value 75.49% ; FCFF base≈63.3m ; Y1≈72.5m ; Y5≈106.7m
[DCF] Fair Price = 30.34 (EV 1.41b - Net Debt 147.1m = Equity 1.27b / Shares 41.7m; r=9.13% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -91.34 | EPS CAGR: -46.09% | SUE: -0.37 | # QB: 0
Revenue Correlation: 90.82 | Revenue CAGR: 7.40% | SUE: 0.63 | # QB: 0
EPS next Quarter (2026-09-30): EPS=0.06 | Chg30d=+50.00% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=0.21 | Chg30d=-38.24% | Revisions=-20% | GrowthEPS=-72.7% | GrowthRev=+10.7%
EPS next Year (2027-12-31): EPS=0.97 | Chg30d=+5.43% | Revisions=+20% | GrowthEPS=+361.9% | GrowthRev=-9.4%