Vitesse Energy (NYSE:VTS) President Brian Cree Sells 16,190 Shares

Vitesse Energy, Inc. (NYSE:VTS) President Brian Cree sold 16,190 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $19.82, for a total value of $320,885.80. Following the completion of the transaction, the president owned 503,489 shares in the company, valued at approximately $9,979,151.98. This trade represents a 3.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Brian Cree also recently made the following trade(s):

• On Wednesday, January 14th, Brian Cree sold 43,216 shares of Vitesse Energy stock. The stock was sold at an average price of $20.12, for a total value of $869,505.92.

Vitesse Energy Stock Down 2.7%

VTS opened at $19.22 on Friday. Vitesse Energy, Inc. has a 1 year low of $18.84 and a 1 year high of $27.49. The firm has a 50 day moving average price of $20.43 and a 200 day moving average price of $22.66. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $743.24 million, a PE ratio of 38.44 and a beta of 0.64.

Vitesse Energy (NYSE:VTS) last issued its earnings results on Monday, November 3rd. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.13). Vitesse Energy had a net margin of 7.70% and a return on equity of 5.71%. The business had revenue of $67.44 million during the quarter, compared to analysts’ expectations of $65.70 million. Sell-side analysts expect that Vitesse Energy, Inc. will post 1.05 earnings per share for the current year.

Vitesse Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were paid a $0.5625 dividend. The ex-dividend date was Monday, December 15th. This represents a $2.25 dividend on an annualized basis and a dividend yield of 11.7%. Vitesse Energy’s dividend payout ratio (DPR) is 450.00%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Evercore ISI dropped their price objective on shares of Vitesse Energy from $22.00 to $20.00 and set an “in-line” rating on the stock in a research note on Monday, October 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Vitesse Energy in a report on Monday, December 29th. Zacks Research cut shares of Vitesse Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Wall Street Zen upgraded Vitesse Energy from a “sell” rating to a “hold” rating in a research note on Friday, November 28th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $24.50.

Institutional Investors Weigh In On Vitesse Energy

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Ameritas Investment Partners Inc. boosted its position in Vitesse Energy by 21.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,011 shares of the company’s stock valued at $67,000 after purchasing an additional 538 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Vitesse Energy by 5.6% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 10,522 shares of the company’s stock valued at $234,000 after acquiring an additional 557 shares during the period. Parallel Advisors LLC grew its position in shares of Vitesse Energy by 74.7% during the second quarter. Parallel Advisors LLC now owns 1,303 shares of the company’s stock worth $29,000 after acquiring an additional 557 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Vitesse Energy by 5.6% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,158 shares of the company’s stock worth $357,000 after acquiring an additional 861 shares during the period. Finally, Ausdal Financial Partners Inc. increased its holdings in shares of Vitesse Energy by 8.1% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 12,674 shares of the company’s stock worth $294,000 after acquiring an additional 953 shares during the period. Institutional investors own 51.63% of the company’s stock.

Key Headlines Impacting Vitesse Energy

Here are the key news stories impacting Vitesse Energy this week:

• Negative Sentiment: CEO Robert W. Gerrity sold 90,737 shares at an average price of $20.14 (≈$1.83M). SEC Filing
• Negative Sentiment: CEO Robert W. Gerrity sold an additional 28,994 shares at ~$19.83 (≈$575k). SEC Filing
• Negative Sentiment: President Brian Cree sold 43,216 shares at $20.12 (≈$870k). SEC Filing
• Negative Sentiment: President Brian Cree sold 16,190 shares at $19.82 (≈$321k). SEC Filing
• Negative Sentiment: CAO Mike Morella sold 5,202 shares at $20.13 (≈$105k). SEC Filing
• Negative Sentiment: VP Michael Sabol sold 4,497 shares at $20.14 (≈$90.6k). SEC Filing

Vitesse Energy Company Profile

Vitesse Energy (NYSE: VTS) is an independent exploration and production company primarily focused on onshore oil and gas assets in the United States. Headquartered in Calgary, Alberta, the company identifies, acquires and develops low-decline, shallow to intermediate depth vertical wells, targeting predictable production profiles and stable cash flows. Vitesse leverages a lean operational model to optimize well performance and reduce unit operating costs across its asset base.

The company’s core operations are concentrated in the Arkoma Basin of eastern Oklahoma and the Ark-La-Tex region, where it holds acreage positions in multiple formations.