Vitesse Energy reports Q2 2026 net income of $33.1M, declares $0.4375/share dividend

Filed August 3, 2026 · Period ending August 3, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income of $33.1M included a $40.2M unrealized gain on commodity derivatives. Production averaged 17,354 Boe/day (60% oil), up 9% sequentially following the April Powder River Basin acquisition. Declared quarterly dividend of $0.4375/share payable Sept 30.

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• high

  Total revenue including realized hedges was $72.8M. Realized oil price before hedging averaged $91.98/Bbl but hedges covering 84% of oil production reduced the realized price to $71.14/Bbl. Oil represented 60% of production and 95% of total oil and gas revenue.

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• high

  Tightened 2026 guidance: production 16,300-17,200 Boe/day (from 16,000-17,500), oil mix 60-62% (from 60-64%), and raised capex to $65-80M (from $50-80M). Net debt to Adjusted EBITDA stood at 1.0x with total debt of $158.5M.

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