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Vitesse Energy Announces Fourth Quarter and Full Year 2024 Results, Increases Quarterly Cash Dividend to $0.5625 and Issues 2025 Production and Capital Expenditures Guidance

1. Vitesse Energy increased its quarterly dividend by 7% for Q1 2025. 2. They issued guidance for 2025 production and capital expenditures.

Earnings
+0.86%Current Return
VS
+0.51%S&P 500
$24.3603/11 04:14 PM EDTEvent Start
$24.5703/12 10:44 PM EDTLatest Updated
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FAQ

Why Bullish?

The increased dividend signals strong financial health, similar to past dividend hikes boosting stock prices.

How important is it?

The dividend increase and positive guidance typically boost investor confidence and stock prices.

Why Short Term?

Investor reactions to the dividend announcement are typically immediate, influencing the stock price soon after.

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XOMCOPOXY
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today reported the Company's fourth quarter and full year 2024 financial and operating results, declared an increased quarterly cash dividend and issued 2025 guidance for production and capital expenditures. HIGHLIGHTS Declared a quarterly cash dividend of $0.5625 per common share to be paid on March 31, 2025, a 7% increase from the prior quarter Closed previously announced acc.

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