Vitesse Energy, Inc.

Vitesse Energy, Inc. is an independent upstream oil and gas company primarily focused on acquiring, developing, and producing non-operated oil and natural gas properties in the United States. The company's core business model revolves around owning financial interests in wells drilled by leading U.S. operators, with a strategic emphasis on returning capital to its stockholders. Headquartered in Greenwood Village, Colorado, Vitesse Energy was established in 2014 as Vitesse Oil and became a standalone public company in January 2023 following a spin-off from Jefferies Financial Group.

The company's key products are crude oil, natural gas, and natural gas liquids, with crude oil being the primary economic driver. Vitesse Energy concentrates its operations predominantly in the Williston Basin, specifically the Bakken and Three Forks formations in North Dakota and Montana. It also holds interests in the Denver-Julesburg Basin in Colorado and Wyoming, and the Powder River Basin in Wyoming. This non-operated model allows Vitesse to benefit from hydrocarbon production without the day-to-day operational burdens, leveraging a proprietary data platform to track drilling activity and well performance.

In recent leadership news, Jamie Benard was appointed President and Chief Executive Officer, effective May 1, 2026, succeeding founder Bob Gerrity. Vitesse Energy continues to focus on disciplined capital allocation and a lean cost structure. The company announced its first-quarter 2026 results on May 4, 2026, and declared a quarterly cash dividend of $0.4375 on April 30, 2026. A notable strategic move was the acquisition of Lucero Energy Corp. in March 2025, which expanded Vitesse's scale in the Bakken and added operated assets to its portfolio.