Vitesse Energy, Inc.
For the period ended Sep 30, 2026. Filed Nov 2, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 2, 2026
VTS$14.86+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
Condensed Consolidated Statements of Cash Flows (Unaudited)
| FOR THE NINE MONTHS ENDED | ||
|---|---|---|
| SEPTEMBER 30, | ||
| (in thousands) | 2026 | 2025 |
| Cash Flows from Operating Activities | ||
| Net (loss) income | $(45,560) | $26,016 |
| Adjustments to reconcile net (loss) income to net cash provided by operating activities: | ||
| Depletion, depreciation, amortization, and accretion | 98,787 | 95,355 |
| Unrealized loss (gain) on commodity derivative instruments | 54,601 | (8,748) |
| Equity-based compensation | 5,625 | 7,555 |
| Deferred income taxes | (11,833) | 9,098 |
| Amortization of debt issuance costs | 722 | 637 |
| Changes in operating assets and liabilities that provided (used) cash: | ||
| Accrued revenue | (19,961) | 9,855 |
| Prepaid expenses and other current assets | 2,354 | 319 |
| Accounts payable | (1,433) | (3,254) |
| Accrued liabilities | 5,557 | (4,282) |
| Other | (16) | 358 |
| Net cash provided by operating activities | 88,843 | 132,909 |
| Cash Flows from Investing Activities | ||
| Acquisition of oil and gas properties | (25,922) | (7,433) |
| Divestiture of oil and gas properties | 514 | — |
| Development of oil and gas properties | (66,970) | (90,466) |
| Purchase of other property and equipment | (8) | (5) |
| Net cash used in Investing Activities | (92,386) | (97,904) |
| Cash Flows from Financing Activities | ||
| Proceeds from revolving credit facility | 91,000 | 62,500 |
| Repayments of revolving credit facility | (25,000) | (65,500) |
| Dividends paid | (62,714) | (69,841) |
| Cash acquired associated with the Lucero Acquisition | — | 49,846 |
| Equity issuance costs for Powder River Basin Acquisition | (131) | — |
| Stock exchanged for tax withholding | — | (9,157) |
| Debt issuance costs | (290) | (247) |
| Net cash provided by (used in) Financing Activities | 2,865 | (32,399) |
| Net change in cash | (678) | 2,606 |
| Cash—Beginning of period | 1,328 | 2,967 |
| Cash—End of period | $650 | $5,573 |
| Supplemental Disclosure of Cash Flow Information | ||
| Cash paid for interest | $6,430 | $7,330 |
| Cash paid for income taxes | — | — |
| Supplemental Disclosure of Noncash Activity | ||
| Oil and gas properties included in accounts payable and accrued liabilities | $27,760 | $39,469 |
| Asset retirement obligations capitalized to oil and gas properties | 4,678 | 3,075 |
| Issuance of common stock related to acquisitions | 36,582 | 194,279 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.