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VTS Q2 2023 Earnings — Vitesse Energy, Inc. Revenue & Financial Results | Market Cap Arena
VTS
Vitesse Energy, Inc.
$770M
Q2 2023 Earnings
Energy
Oil & Gas Exploration & Production
Income Statement
Revenue
$52M
-28.3% YoY
Gross Profit
$19M
36.1% margin
Operating Income
$13M
24.6% margin
Net Income
$10M
18.6% margin
EPS (Diluted)
$0.29
QoQ Revenue Growth
-11.0%
Cash Flow
Operating Cash Flow
$39M
Free Cash Flow
$18M
Stock-Based Comp.
$1M
Balance Sheet
Total Assets
$702M
Total Liabilities
$144M
Stockholders' Equity
$558M
Cash & Equivalents
$3M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$52M
$72M
-28.3%
Gross Profit
$19M
$64M
-71.1%
Operating Income
$13M
$29M
-56.7%
Net Income
$10M
$17M
-42.6%
Revenue Segments
Oil
$49M
94%
Natural Gas
$3M
6%
← FY 2023
All Quarters
Q3 2023 →