# Vitesse Energy (VTS.US)

Canonical: https://gigainvestors.com/s/VTS

Analysis as of: 2026-10-16T07:32:59.635Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $17.41 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Francis Chou](https://gigainvestors.com/ca): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 38% since Nov 2024

Story as of 2026-10-16T10:01:29.480Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in oil & gas e&p; annual sales are USD 274 million.

- Source: https://www.sec.gov/Archives/edgar/data/1944558/000194455826000009/vitesse-20251231.htm (filed 2026-03-02); FY2025: revenue 273989000; grossProfit 51689000; margin = grossProfit / revenue.

### Why customers stay

Margins ranged from 18.9% to 38.9% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); FY2023: grossProfit / revenue = 38.9%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); FY2024: grossProfit / revenue = 30%.

- Source: https://www.sec.gov/Archives/edgar/data/1944558/000194455826000009/vitesse-20251231.htm (filed 2026-03-02); FY2025: grossProfit / revenue = 18.9%.

### Where the cash goes

Paid dividends in 3 of 3 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); FY2024: growth capex 15013000; upkeep 100308000; owner earnings 21060000. Growth capex / owner earnings = 0.7128679962013296.

- Source: https://www.sec.gov/Archives/edgar/data/1944558/000194455826000009/vitesse-20251231.htm (filed 2026-03-02); FY2025: growth capex 0; upkeep 8000; owner earnings 154680000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); Dividend observations: [[2023,57999000],[2024,63560000],[2025,92133000]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 18% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-05); VTS.US SharesStats.PercentInsiders = 18.008 percentage points; cache date 2026-10-05.

### What the price says

The price is 2.5 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); Closing price 17.41 USD; reporting-to-trading FX 1; FY2025 annual sales per share 6.927170068650506; price multiple 2.5132918388694434. FY2025 cash earnings/share 3.91072147501856. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2023-01: $15.96 per share

- 2023-02: $17.39 per share

- 2023-03: $19.03 per share

- 2023-04: $18.40 per share

- 2023-05: $23.09 per share

- 2023-06: $22.40 per share

- 2023-07: $25.19 per share

- 2023-08: $23.24 per share

- 2023-09: $22.89 per share

- 2023-10: $23.69 per share

- 2023-11: $23.63 per share

- 2023-12: $21.89 per share

- 2024-01: $21.01 per share

- 2024-02: $22.73 per share

- 2024-03: $23.73 per share

- 2024-04: $22.19 per share

- 2024-05: $25.52 per share

- 2024-06: $23.70 per share

- 2024-07: $25.96 per share

- 2024-08: $25.86 per share

- 2024-09: $24.02 per share

- 2024-10: $24.87 per share

- 2024-11: $28.08 per share

- 2024-12: $25.00 per share

- 2025-01: $25.88 per share

- 2025-02: $25.71 per share

- 2025-03: $24.59 per share

- 2025-04: $20.45 per share

- 2025-05: $20.93 per share

- 2025-06: $22.09 per share

- 2025-07: $23.93 per share

- 2025-08: $26.61 per share

- 2025-09: $23.23 per share

- 2025-10: $21.75 per share

- 2025-11: $21.16 per share

- 2025-12: $19.26 per share

- 2026-01: $20.96 per share

- 2026-02: $19.31 per share

- 2026-03: $18.16 per share

- 2026-04: $18.76 per share

- 2026-05: $17.28 per share

- 2026-06: $15.77 per share

- 2026-07: $15.60 per share

- 2026-08: $17.49 per share

- 2026-09: $16.70 per share

- 2026-10: $17.41 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1944558/000194455826000009/vitesse-20251231.htm); period 2025-12-31, filed 2026-03-02.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.