Vitesse Energy (NYSE:VTS) VP Michael Sabol Sells 4,497 Shares

Vitesse Energy, Inc. (NYSE:VTS) VP Michael Sabol sold 4,497 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $20.14, for a total value of $90,569.58. Following the sale, the vice president directly owned 64,914 shares of the company’s stock, valued at approximately $1,307,367.96. This trade represents a 6.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Vitesse Energy Stock Down 2.7%

Shares of NYSE VTS opened at $19.22 on Friday. The firm’s fifty day moving average is $20.43 and its 200 day moving average is $22.66. Vitesse Energy, Inc. has a 52 week low of $18.84 and a 52 week high of $27.49. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.18. The company has a market cap of $743.24 million, a price-to-earnings ratio of 38.44 and a beta of 0.64.

Vitesse Energy (NYSE:VTS) last announced its quarterly earnings results on Monday, November 3rd. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.13). The firm had revenue of $67.44 million for the quarter, compared to analysts’ expectations of $65.70 million. Vitesse Energy had a net margin of 7.70% and a return on equity of 5.71%. On average, equities research analysts expect that Vitesse Energy, Inc. will post 1.05 earnings per share for the current year.

Vitesse Energy Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in VTS. Argentarii LLC bought a new stake in shares of Vitesse Energy during the fourth quarter valued at approximately $561,000. SG Americas Securities LLC boosted its holdings in shares of Vitesse Energy by 37.7% during the 4th quarter. SG Americas Securities LLC now owns 40,740 shares of the company’s stock valued at $785,000 after buying an additional 11,155 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Vitesse Energy by 2.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 208,250 shares of the company’s stock worth $4,838,000 after buying an additional 5,356 shares during the period. CIBC Private Wealth Group LLC increased its stake in shares of Vitesse Energy by 4.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 30,965 shares of the company’s stock worth $719,000 after acquiring an additional 1,306 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in shares of Vitesse Energy in the 3rd quarter worth about $793,000. Hedge funds and other institutional investors own 51.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on VTS shares. Wall Street Zen upgraded Vitesse Energy from a “sell” rating to a “hold” rating in a report on Friday, November 28th. Weiss Ratings restated a “hold (c)” rating on shares of Vitesse Energy in a report on Monday, December 29th. Evercore ISI dropped their price target on Vitesse Energy from $22.00 to $20.00 and set an “in-line” rating for the company in a research note on Monday, October 6th. Finally, Zacks Research downgraded shares of Vitesse Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $24.50.

Vitesse Energy News Roundup

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.