News · Vitesse Energy, Inc. (VTS) · Energy

Vitesse Energy falls after third-quarter results and revised guidance

Session of November 3, 2026 · Published November 4, 2026 · 3 min read

What happened

Vitesse Energy (VTS) fell 10.4% on November 3, 2026, because of third-quarter results and revised full-year guidance. The company reported third-quarter 2026 financial results and held an earnings call on November 3, 2026, disclosing a GAAP net loss of $36.4 million that reflected an unrealized loss on commodity derivatives of $46.6 million. Independent coverage noted Q3 earnings of $0.01 per share, matching the Zacks Consensus Estimate and improving from a loss of $0.03 per share a year earlier. Trading volume was 3.0 times its 20-day average as the stock opened 5.0% below the previous close and the S&P 500 rose 0.4% on the day.

Closing price over the last 30 trading sessions. On November 3, 2026, VTS closed at $15.45, down 10.4% on the day and 7.9% lower than 30 sessions earlier.

How big was the move

The stock closed at $15.45 and fell 10.4% in the session. That drop left the stock down 15.8% over the last five sessions. The move was 4.7 times a typical daily move for this stock and trading volume ran 3.0 times its 20-day average. Compared with its sector, the session was 9.9 percentage points worse than the sector median: the Energy sector median on the day fell 0.5% while the S&P 500 rose 0.4%.

Each bar is one day's price change; the outlined bar is November 3, 2026. A typical daily move over the past year was 2.1%, so the latest move equals 5.0 times that. Moves outside the dashed lines (about 4.1%) are unusual.

The technical picture

The stock is 12.8% below its 20-day moving average and 11.8% below its 50-day moving average. The 50-day average is below the 200-day average, a sign of a weak longer-term trend, and the stock is 14.0% below its 200-day moving average. Its Relative Strength Index (14 days) is 26, below 30, a level often called oversold. The distance from the 52-week high is 32.6% below the 52-week high.

Closing price over the past year. VTS ends the period 32.1% below its 52-week high, below its 50-day average ($17.53) and below its 200-day average ($17.96).

Over one month the stock fell 9.4% and over three months it fell 2.2%. Over one year it fell 29.0%, which is 39.6 percentage points behind the S&P 500. Volatility is 35% annualized over 60 days, higher than 64% of its own readings over five years. The stock's market value is $770.5 million and its beta is 0.42, indicating the stock tends to move less than the market.

Fundamentals and valuation

For the four quarters through September 30, 2026, revenue was $300.0 million, which grew 10.6% from a year earlier and follows growth of 8.5% one quarter earlier. Diluted earnings per share for that period were $-1.16, and earnings per share growth from a year earlier fell 340.0%. Gross margin was 27.2% (a year earlier: 23.0%) and operating margin was 12.0% (a year earlier: 9.7%). Free-cash-flow margin was 32.2% and return on invested capital was 1.9%.

Quarterly revenue by period end. The latest quarter brought $83M, 23.0% more than the same quarter a year earlier.

The balance sheet shows net cash of $650,000, and share count over one year increased by 8.0%. On valuation, free-cash-flow yield is 12.5%. PromtFinance ranks the company in the sector with a Stability score of 71 (Positive) and a Quality score of 60 (Neutral), while Growth and Momentum scores are weaker at 28 (Very weak) and 17 (Very weak), respectively. These scores suggest solid cash-generation traits but limited near-term growth momentum.

Earnings and analyst expectations

Vitesse Energy disclosed a GAAP net loss of $36.4 million in Q3 2026 that included the unrealized derivative loss of $46.6 million; the company also announced revised full-year 2026 guidance and discussed adjusted quarterly metrics on the earnings call. Consecutive quarters beating estimates is 0 and the average surprise over the last four reports is 83.4% below estimates. Typical two-day reaction after recent reports was that the stock fell 0.1%.

Diluted earnings per share by quarter. The latest quarter shows -$0.86, against -$0.03 in the same quarter a year earlier.

Analysts numbering five cover the stock. The consensus rating is Buy and 80% of the share ratings are Buy or Strong Buy. The consensus price target is $21.50, which is 39.2% above the closing price. The next report is scheduled for March 1, 2027.

What to watch

March 1, 2027: next scheduled earnings report.
The company's revised full-year 2026 guidance disclosed with the November 3, 2026, report.
Trends in adjusted quarterly metrics discussed on the November 3, 2026, earnings call and any commentary on commodity hedging that relates to the $46.6 million unrealized loss.
Changes in share count or capital-raising activity after the increase in share count over one year of 8.0%.
Movements in the Energy sector median and any operating-data releases that could affect revenue growth and margins.

Full VTS analysis: scores, chart and financials →