Vitesse Energy Declares $0.4375 Quarterly Dividend, Down 22% From Prior Quarter
Vitesse Energy, Inc. (NYSE: VTS), an oil and gas producer, declared a quarterly cash dividend of $0.4375 per share for the first quarter of 2026. The dividend marks a 22% decrease from the $0.5625 per share paid in the fourth quarter of 2025.
Vitesse Energy, Inc. (NYSE: VTS), an oil and gas producer with operations in the Powder River Basin, declared a quarterly cash dividend of $0.4375 per share on February 25, 2026. The dividend represents a reduction from the $0.5625 per share the company paid to shareholders on December 31, 2025. Read more dividend announcements.
Shareholders of record as of March 16, 2026, will receive the dividend payment on March 31, 2026.
| Dividend Details | Information |
|---|---|
| Dividend Amount | $0.4375 per share |
| Record Date | March 16, 2026 |
| Payment Date | March 31, 2026 |
| Previous Quarter | $0.5625 per share (Q4 2025) |
CEO Bob Gerrity said the Board approved the quarterly dividend to maintain balance sheet strength while pursuing accretive acquisition opportunities. The company announced the dividend alongside news of a $35 million all-stock acquisition of non-operated Powder River Basin assets.
Full Year 2025 Financial Performance
Vitesse reported net income of $25.3 million for full year 2025, with adjusted EBITDA reaching $179.3 million. Cash flow from operations totaled $170.3 million for the year.
Production averaged 17,444 barrels of oil equivalent per day in 2025, a 34% sequential increase from 2024. Oil accounted for 65% of production volume and 89% of total oil and natural gas revenue.
Total revenue for the year, including realized hedge effects, came to $291.1 million. The company ended the year with total debt of $124.5 million and a net debt to adjusted EBITDA ratio of 0.69.
Total cash development capital expenditures and acquisition costs for 2025 reached $127.7 million, resulting in free cash flow of $48.9 million for the year.