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Vitesse Energy reports Q2 EPS 33c, consensus 37c

Reports Q2 revenue $66.6M, consensus $64.73M. “In the second quarter we increased our dividend by 5%,” commented Bob Gerrity, Vitesse’s Chairman and Chief Executive Officer. “We closed previously announced near-term development acquisitions and added hedges to protect returns, which supports the dividend as the added production comes online later this year and in early 2025.”

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