Vitesse Energy Inc
Vitesse Energy, Inc., together with its subsidiaries, engages in the acquisition, development, and production of non-operated oil and natural gas properties in the United States. The company acquires and owns non-operated working interest and royalty interest ownership in the Williston Basin properties covering 47,840 net acres located in North Dakota and Montana. It also owns non-operated intere… Read more
Vitesse Energy Inc (VTS) - Net Assets
Latest net assets as of September 2025: $650.25 Million USD
Based on the latest financial reports, Vitesse Energy Inc (VTS) has net assets worth $650.25 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($932.92 Million) and total liabilities ($282.67 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $650.25 Million |
| % of Total Assets | 69.7% |
| Annual Growth Rate | 0.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.73 |
Vitesse Energy Inc - Net Assets Trend (2020–2024)
This chart illustrates how Vitesse Energy Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vitesse Energy Inc (2020–2024)
The table below shows the annual net assets of Vitesse Energy Inc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $500.33 Million | -8.43% |
| 2023-12-31 | $546.41 Million | -3.97% |
| 2022-12-31 | $568.98 Million | +17.11% |
| 2021-12-31 | $485.86 Million | -1.34% |
| 2020-12-31 | $492.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vitesse Energy Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 512500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $326.00K | 0.07% |
| Other Components | $505.13 Million | 100.96% |
| Total Equity | $500.33 Million | 100.00% |
Vitesse Energy Inc Competitors by Market Cap
The table below lists competitors of Vitesse Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mainstreet Equity Corp
PINK:MEQYF
|
$545.85 Million |
|
Antin Infrastructure Partners
LSE:0AA5
|
$545.92 Million |
|
Minerals 260 Ltd
AU:MI6
|
$546.20 Million |
|
Pan-International Industrial Corp
TW:2328
|
$546.41 Million |
|
Shenzhen Consys Science & Technology Co. Ltd. A
SHG:688788
|
$545.81 Million |
|
Jiuzhitang Co Ltd
SHE:000989
|
$545.65 Million |
|
Dogan Sirketler Grubu Holding AS
IS:DOHOL
|
$545.61 Million |
|
San Bian Science & Technology Co Ltd
SHE:002112
|
$545.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vitesse Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 546,406,000 to 500,334,000, a change of -46,072,000 (-8.4%).
- Net income of 21,060,000 contributed positively to equity growth.
- Dividend payments of 63,560,000 reduced retained earnings.
- Share repurchases of 7,489,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $21.06 Million | +4.21% |
| Dividends Paid | $63.56 Million | -12.7% |
| Share Repurchases | $7.49 Million | -1.5% |
| Other Changes | $3.92 Million | +0.78% |
| Total Change | $- | -8.43% |
Book Value vs Market Value Analysis
This analysis compares Vitesse Energy Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.12x to 1.27x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $17.26 | $19.32 | x |
| 2021-12-31 | $1.11 | $19.32 | x |
| 2022-12-31 | $1.30 | $19.32 | x |
| 2023-12-31 | $18.49 | $19.32 | x |
| 2024-12-31 | $15.20 | $19.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vitesse Energy Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.70%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.62x
- Recent ROE (4.21%) is below the historical average (4.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -1.80% | -9.11% | 0.16x | 1.27x | $-58.10 Million |
| 2021 | 3.73% | 9.78% | 0.30x | 1.26x | $-30.47 Million |
| 2022 | 20.90% | 42.18% | 0.43x | 1.16x | $62.00 Million |
| 2023 | -3.95% | -9.22% | 0.31x | 1.40x | $-76.22 Million |
| 2024 | 4.21% | 8.70% | 0.30x | 1.62x | $-28.97 Million |
Industry Comparison
This section compares Vitesse Energy Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,645,633,110
- Average return on equity (ROE) among peers: 4.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vitesse Energy Inc (VTS) | $650.25 Million | -1.80% | 0.43x | $545.82 Million |
| Advantage Energy Ltd. (AAVVF) | $1.09 Billion | 1.43% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $9.63 Million | -5.93% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $2.79 Billion | -19.61% | 0.78x | $10.30 Billion |
| Aminex PLC (AEXFF) | $20.47 Million | 6.02% | 0.33x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.43 Billion | 12.90% | 2.02x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $13.10 Million | -11.45% | 0.01x | $4.92K |
| Allied Resources Inc (ALOD) | $3.69 Million | 0.65% | 0.05x | $428.76K |
| Altex Industries Inc (ALTX) | $3.22 Million | -10.59% | 0.04x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $88.21 Million | 32.34% | 0.25x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $5.59 Million | 38.29% | 0.11x | $5.00 Million |