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0 0 0 0 0.0289171974522293 0.0289171974522293 0.0289171974522293 -0.0174097664543524
Stock impact report

Vitesse Energy Announces Fourth Quarter and Full Year 2024 Results, Increases Quarterly Cash Dividend to $0.5625 and Issues 2025 Production and Capital Expenditures Guidance [Yahoo! Financ...

Vitesse Energy, Inc. (VTS) 
Company Research Source: Yahoo! Finance
the Company's fourth quarter and full year 2024 financial and operating results, declared an increased quarterly cash dividend and issued 2025 guidance for production and capital expenditures. HIGHLIGHTS Declared a quarterly cash dividend of $0.5625 per common share to be paid on March 31, 2025, a 7% increase from the prior quarter Closed previously announced accretive acquisition of Lucero Energy Corp. ("Lucero") on March 7, 2025 Full year 2024 net income of $21.1 million and Adjusted Net Income of $35.7 million Full year 2024 Adjusted EBITDA of $156.8 million Full year 2024 cash flow from operations of $155.0 million and Free Cash Flow of $51.2 million Full year 2024 production of 13,003 barrels of oil equivalent ("Boe") per day (69% oil) Full year 2024 total cash development capital expenditures and acquisition costs of $115.2 million Total debt of $117.0 million and Net Debt to Adjusted EBITDA ratio of 0.73 Non-GAAP financial measure; see reconciliation schedul Show less Read more
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