Vitesse Energy (VTS) Revenue & Revenue Breakdown


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Vitesse Energy Revenue Highlights


Latest Revenue (Y)

$233.91M

Latest Revenue (Q)

$66.60M

Main Segment (Y)

Oil

Main Geography (Y)

Oil

Vitesse Energy Revenue by Period


Vitesse Energy Revenue by Year

DateRevenueChange
2023-12-31$233.91M-22.05%
2022-12-31$300.07M62.04%
2021-11-30$185.18M90.45%
2020-11-30$97.23M-43.24%
2019-11-30$171.30M-

Vitesse Energy generated $233.91M in revenue during NA 2023, up -22.05% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Vitesse Energy Revenue by Quarter

DateRevenueChange
2024-06-30$66.60M8.83%
2024-03-31$61.19M-11.70%
2023-12-31$69.30M25.88%
2023-09-30$55.05M6.72%
2023-06-30$51.59M-11.00%
2023-03-31$57.96M-26.81%
2022-12-31$79.20M2.72%
2022-09-30$77.10M-2.16%
2022-06-30$78.80M29.82%
2021-11-30$60.70M-

Vitesse Energy generated $66.60M in revenue during Q2 2024, up 8.83% compared to the previous quarter, and up 114.90% compared to the same period a year ago.

Vitesse Energy Revenue Breakdown


Vitesse Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22
Oil$218.40M$242.47M
Natural Gas$15.51M$57.60M

Vitesse Energy's latest annual revenue breakdown by segment (product or service), as of Dec 23: Oil (93.37%), and Natural Gas (6.63%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23
Oil$57.36M$65.88M$53.29M$48.73M$50.49M
Natural Gas$3.83M$3.42M$1.76M$2.85M$7.47M

Vitesse Energy's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Oil (93.74%), and Natural Gas (6.26%).

Vitesse Energy Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22
Oil$242.47M
Natural Gas$57.60M

Vitesse Energy's latest annual revenue breakdown by geography, as of Dec 22: Oil (80.80%), and Natural Gas (19.20%).

Vitesse Energy Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
COPConocoPhillips$82.16B$14.14B
DVNDevon Energy$15.26B$3.74B
FANGDiamondback Energy$8.34B$2.48B
EQTEQT$7.53B$891.18M
CTRACoterra Energy$2.37B$337.00M
STRSitio Royalties$593.36M$151.39M
BSMBlack Stone Minerals$409.98M$120.72M
KRPKimbell Royalty Partners, LP$273.18M$76.57M
VTSVitesse Energy$233.91M$66.60M
DMLPDorchester Minerals$11.83M$37.36M

VTS Revenue FAQ


Vitesse Energy's yearly revenue for 2023 was $233.9M, representing a decrease of -22.05% compared to 2022. The company's yearly revenue for 2022 was $300.07M, representing an increase of 62.04% compared to 2021. VTS's yearly revenue for 2021 was $185.18M, representing an increase of 90.45% compared to 2020.

Vitesse Energy's quarterly revenue for Q2 2024 was $66.6M, a 8.83% increase from the previous quarter (Q1 2024), and a 29.10% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $61.19M, a -11.70% decrease from the previous quarter (Q4 2023), and a 5.58% increase year-over-year (Q1 2023). VTS's quarterly revenue for Q4 2023 was $69.3M, a 25.88% increase from the previous quarter (Q3 2023), and a -12.49% decrease year-over-year (Q4 2022).

Vitesse Energy's revenue growth rate for the last 3 years (2021-2023) was 26.31%, and for the last 5 years (2019-2023) was 36.55%.

Vitesse Energy's revenue streams in c 23 are Oil, and Natural Gas. Oil generated $218.4M in revenue, accounting 93.37% of the company's total revenue, down -9.93% year-over-year. Natural Gas generated $15.51M in revenue, accounting 6.63% of the company's total revenue, down -73.08% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Vitesse Energy was Oil. This segment made a revenue of $218.4M, representing 93.37% of the company's total revenue.