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Vitesse Energy Faces Q1 2026 Earnings Miss, Shares Drop
Description
Vitesse Energys Q1 2026 earnings missed Wall Street expectations, with revenue at $67.4 million, EPS loss of $1.05, and adjusted EBITDA at $37.1 million. Despite production growth of 7% to 15,962 boe/d, shares dropped to $18.10. Management blamed hedge losses, while analysts scrutinized the new leaders deal record. Vitesse focuses on top-tier assets, maintaining 8.8% operating margins. Integration of Powder River acquisition, Williston efficiency, and hedging adjustments are key for future performance.
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