Vitesse Energy Past Earnings Performance
Past criteria checks 3/6
Vitesse Energy has been growing earnings at an average annual rate of 9.3%, while the Oil and Gas industry saw earnings growing at 37.7% annually. Revenues have been declining at an average rate of 14.2% per year. Vitesse Energy's return on equity is 5%, and it has net margins of 12%.
Key information
9.3%
Earnings growth rate
21.9%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | -14.2% |
| Return on equity | 5.0% |
| Net Margin | 12.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Analysts Predict Vitesse Energy Should Show Strong Profits In 2024
Jan 28Vitesse Energy: A Bright Outlook Inspires Optimism
Oct 25Vitesse Energy Is A Bakken Power Player
Aug 08Vitesse Energy: Deserves Spot In Portfolios Seeking High Capital Returns With Upside Potential
Jun 06Vitesse Energy, Inc. declares $0.50 dividend
Feb 13Vitesse Energy Is Going To Offer A 15% Dividend Yield
Feb 06Revenue & Expenses Breakdown
How Vitesse Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 215 | 26 | 24 | 0 |
| 31 Dec 23 | 212 | -22 | 56 | 0 |
| 30 Sep 23 | 247 | 74 | 34 | 0 |
| 30 Jun 23 | 268 | 76 | 17 | 0 |
| 31 Mar 23 | 251 | -50 | 31 | 0 |
| 31 Dec 22 | 258 | 0 | 1 | 0 |
| 31 Aug 22 | 271 | 79 | 23 | 0 |
| 31 May 22 | 231 | 12 | 37 | 0 |
| 28 Feb 22 | 201 | 15 | 24 | 0 |
| 31 Dec 21 | 182 | 0 | 43 | 0 |
| 30 Nov 21 | 153 | 0 | 12 | 0 |
| 30 Nov 20 | 97 | -9 | 9 | 0 |
| 30 Nov 19 | 156 | 35 | 11 | 0 |
Quality Earnings: VTS has high quality earnings.
Growing Profit Margin: VTS became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VTS's earnings have grown by 9.3% per year over the past 5 years.
Accelerating Growth: VTS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VTS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-36%).
Return on Equity
High ROE: VTS's Return on Equity (5%) is considered low.