Earnings ·
Vitesse Energy reports Q3 adjusted net income of $2.5 million and raises 2026 capex guidance to $80-$90M
VTSVitesse Energy, Inc.
Vitesse Energy reported a GAAP net loss of $36.4 million for the third quarter ended September 30, 2026, driven by a $46.6 million non-cash unrealized loss on commodity derivatives. Adjusted Net Income was $2.5 million and Adjusted EBITDA reached $39.3 million. Production averaged 16,824 barrels of oil equivalent per day with 60% oil content. The company revised its full-year 2026 capital expenditure guidance upward to a range of $80-$90 million from the previous $65-$80 million estimate, reflecting the recently closed Denver-Julesburg Basin acquisition and anticipated drilling activity. Additionally, Vitesse declared a fourth-quarter cash dividend of $0.4375 per share.