Vitesse (VTS) Reports Q1 2026 Earnings Results
Vitesse (VTS) reported Q1 2026 earnings with a 7% year-over-year increase in production to 15,962 barrels of oil equivalent per day. The company posted an adjusted net loss of $300,000 and a GAAP net loss of $42.3 million, driven by a $48.2 million unrealized hedge loss. The company also declared a second-quarter dividend of $1.75 per share annually.
Tickers: $VTS
Topics: acquisition adjusted EBITDA dividend hedging oil production