VTS▲2
Vitesse Energy beats Q2 estimates and tightens 2026 guidance
Vitesse Energy reported second-quarter GAAP earnings per share of $0.77, beating analyst expectations by $0.71, while revenue of $91 million exceeded estimates by $10.5 million and rose 11.3% year-over-year. The company also revised its 2026 annual guidance, narrowing its production forecast to a range of 16,300 to 17,200 barrels of oil equivalent per day, with oil now expected to account for 60% to 62% of that output. Total cash capital expenditures for 2026 were tightened to between $65 million and $80 million, up from the prior range of $50 million to $80 million. Shares slipped 0.51% following the announcement.