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Vitesse Energy, Inc. ( (VTS) ) just unveiled an announcement.
Vitesse Energy has reported its Q3 2024 financial results with a net income of $17.4 million and an adjusted EBITDA of $37.6 million. The company also declared a quarterly cash dividend and revised its 2024 guidance, anticipating increased production and cash flow. Vitesse’s strategic focus includes significant production of oil and a decrease in capital expenditures, providing a promising outlook for investors interested in sustainable growth and financial stability.
For a thorough assessment of VTS stock, go to TipRanks’ Stock Analysis page.
