Financial Snapshot

Revenue
$255.4M
TTM
Gross Margin
72.61%
TTM
Net Earnings
$46.10M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
74.68%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$520.4M
Q3 2024
Cash
Q3 2024
P/E
17.60
Nov 29, 2024 EST
Free Cash Flow
$21.64M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019
Revenue $233.9M $300.1M $185.2M $97.23M $171.3M
YoY Change -22.05% 62.04% 90.45% -43.24%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $233.9M $300.1M $185.2M $97.23M $171.3M
Cost Of Revenue $61.14M $73.41M $58.45M $50.91M $58.45M
Gross Profit $172.8M $226.7M $126.7M $46.33M $112.9M
Gross Profit Margin 73.86% 75.54% 68.44% 47.64% 65.88%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $56.17M $9.067M $11.99M $8.652M $11.25M
YoY Change 519.47% -24.38% 38.58% -23.11%
% of Gross Profit 32.51% 4.0% 9.46% 18.68% 9.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $81.75M $63.73M $60.85M $58.31M $64.72M
YoY Change 28.26% 4.74% 4.35% -9.91%
% of Gross Profit 47.32% 28.12% 48.01% 125.87% 57.35%
Operating Expenses $199.1M $146.2M $72.84M $66.96M $75.97M
YoY Change 36.15% 100.73% 8.78% -11.87%
Operating Profit $34.85M $153.9M $53.90M -$20.63M $36.88M
YoY Change -77.35% 185.48% -361.22% -155.94%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $5.276M $4.153M -$35.80M $24.95M -$1.047M
YoY Change 27.04% -111.6% -243.45% -2483.38%
% of Operating Profit 15.14% 2.7% -66.42% -2.84%
Other Income/Expense, Net $7.348M -$34.96M $14.00K $22.00K $54.00K
YoY Change -121.02% -249835.71% -36.36% -59.26%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income $42.20M $118.9M $18.11M -$8.857M $35.89M
YoY Change -64.51% 556.41% -304.52% -124.68%
Income Tax $61.90M $0.00 $0.00
% Of Pretax Income 146.68% 0.0% 0.0%
Net Earnings -$19.74M $118.9M $18.11M -$8.857M $35.89M
YoY Change -116.61% 556.41% -304.52% -124.68%
Net Earnings / Revenue -8.44% 39.63% 9.78% -9.11% 20.95%
Basic Earnings Per Share -$0.73 $0.26 $0.04 -$0.02
Diluted Earnings Per Share -$0.73 $0.26 $0.68 -$0.33 $1.35

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $552.0K $10.01M $2.801M $1.734M
YoY Change -94.48% 257.27% 61.53%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $12.88M $2.953M $1.661M $11.40M
YoY Change 336.13% 77.78% -85.43%
Inventory
Prepaid Expenses
Receivables $44.92M $41.39M $31.96M $16.00M
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $58.35M $54.35M $36.42M $29.13M
YoY Change 7.35% 49.24% 25.02%
Property, Plant & Equipment $704.5M $603.1M $577.2M $595.1M
YoY Change 16.82% 4.48% -3.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.093M $3.040M $488.0K $2.907M
YoY Change 1.74% 522.95% -83.21%
Total Long-Term Assets $707.6M $606.1M $577.7M $598.0M
YoY Change 16.74% 4.92% -3.39%
Total Assets $766.0M $660.5M $614.1M $627.1M
YoY Change
Accounts Payable $27.69M $7.207M $4.593M $9.305M
YoY Change 284.24% 56.91% -50.64%
Accrued Expenses $32.51M $25.85M $18.62M $12.72M
YoY Change 25.76% 38.85% 46.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $60.40M $36.68M $32.20M $22.37M
YoY Change 64.68% 13.91% 43.92%
Long-Term Debt $81.00M $48.00M $68.00M $98.50M
YoY Change 68.75% -29.41% -30.96%
Other Long-Term Liabilities $13.83M $6.823M $14.71M $13.78M
YoY Change 102.73% -53.6% 6.68%
Total Long-Term Liabilities $94.83M $54.82M $82.71M $112.3M
YoY Change 72.98% -33.71% -26.34%
Total Liabilities $219.6M $91.50M $114.9M $134.7M
YoY Change 139.96% -20.37% -14.67%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 29.56M shares 450.0M shares 450.0M shares 450.0M shares
Diluted Shares Outstanding 29.56M shares 438.6M shares 438.6M shares 438.6M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $811.27 Million

About Vitesse Energy, Inc.

Vitesse Energy, Inc. engages in the acquisition, ownership, exploration, development, management, production, exploitation, and disposition of oil and gas properties. The company is headquartered in Greenwood Village, Colorado and currently employs 36 full-time employees. The company went IPO on 2023-01-10. The firm is engaged in the acquisition, development and production of non-operated oil and natural gas properties in the United States that are generally operated by oil companies and are primarily in the Williston Basin of North Dakota and Montana. The company also has properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. The company owns a working interest in over 5,734 gross productive wells and royalty interests in an additional 1,140 productive wells. The company also owns working interests in a 224 gross wells, and an additional 363 gross wells that have been permitted for development by its operating partners. Its property in Williston Basin stretches from western North Dakota into eastern Montana. Its property in Denver-Julesburg Basin is located in Northeast Colorado and Southeast Wyoming. Its property in Powder River Basin assets primarily target the Parkman, Sussex, Turner and Niobrara formations.

Industry: Crude Petroleum & Natural Gas Peers: Berry Corp (bry) CONOCOPHILLIPS SANDRIDGE ENERGY INC Riley Exploration Permian, Inc. SAN JUAN BASIN ROYALTY TRUST SILVERBOW RESOURCES, INC. VAALCO ENERGY INC /DE/