Vitesse Energy Announces Third Quarter 2026 Results
Business Wire•02/11/2026•16:06 ET
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Key Highlights
- ➤GAAP net loss $36.4 million, including $46.6 million unrealized derivative loss
- ➤Adjusted EBITDA reached $39.3 million in the third quarter
- ➤DJ Basin acquisition closed, with $25.9 million spent during the quarter
- ➤2026 production guidance raised to 16,600-17,200 Boe per day
- ➤2026 drilling and completion capex guidance raised to $80-$90 million
Expert Statements
Jamie Benard, President and Chief Executive Officer of Vitesse Energy
“The third quarter was highlighted by the successful closing of the DJ Basin acquisition, which reinforces our ability to identify and capitalize on attractive investment opportunities. We expect the transaction to add meaningful cash flow at a valuation accretive to all key metrics while expanding our position in the DJ Basin. This investment, along with anticipated continuation of accelerated drilling and completion activities, reflects Vitesse’s strategy of disciplined capital allocation, strengthening our portfolio, supporting our dividend, and generating sustainable returns for our stockholders.”
James Henderson, Chief Financial Officer of Vitesse Energy
“Vitesse’s balance sheet remains conservative, with target leverage at or below 1.0x. Our hedge portfolio is designed to provide additional cash flow visibility and supports our confidence in maintaining our quarterly dividend and low leverage.”
Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today reported the Company’s third quarter 2026 financial and operating results and revised 2026 annual guidance.
* GAAP net loss of $36.4 million, including a non-cash unrealized loss on commodity derivatives of $46.6 million, and Adjusted Net Income((1)) of $2.5 million
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