Vitesse Energy Q2 2026 net income rises to $33.1 million; revenue up 11%
Vitesse Energy reported second quarter 2026 net income of $33.1 million, up from $24.7 million a year earlier, and total revenue of $91.0 million, up 11%. Net income includes a non-cash unrealized derivative gain of $40.2 million, and adjusted net income was $1.8 million, so the reported profit gain relies heavily on that non-cash item. The company also narrowed its 2026 production and capital expenditure guidance and declared a third quarter dividend of $0.4375 per share.
Key points
- Net income was $33.1 million ($0.77 diluted per share) versus $24.7 million ($0.60 per diluted share) in Q2 2025; adjusted net income was $1.8 million.
- Total revenue was $91.0 million, up 11% from $81.8 million; average realized oil price before hedging was $91.98 per Bbl, up 55%.
- 2026 guidance was narrowed: production to 16,300-17,200 Boe per day (from 16,000-17,500) and total cash capital expenditures to $65-80 million (from $50-80 million).
- Third quarter dividend of $0.4375 per share is payable September 30, 2026, to holders of record as of September 15, 2026.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.