Vitesse Energy presents dividend-first capital allocation strategy
VTS•Vitesse Energy projects 2026 production of 16,600–17,200 barrels of oil equivalent per day and cash development capital spending of $80 million–$90 million. It prioritizes a quarterly dividend of $0.4375 per share, with remaining free cash flow directed to high-return opportunities.
1. 2026 outlook and capital priorities
Vitesse Energy forecasts 2026 production of 16,600–17,200 barrels of oil equivalent per day, with oil accounting for 60%–62%, and cash development capital spending of $80 million–$90 million. Its capital allocation strategy prioritizes a $0.4375 quarterly dividend per share, with remaining free cash flow directed toward the highest-return opportunities. Net debt was $189.8 million at September 30, or 1.3 times trailing annual adjusted EBITDA, compared with a target below 1 times. Available liquidity was $100.2 million, and the hedge portfolio extends through 2030.
