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Chairman and CEO Bob Gerrity resigned from both posts. On a positive note, the company wasted no time appointing his replacement.

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse,” “we,” or the “Company”) today announced that its Board of Directors has appointed Jamie Benard as President and Chief Executive Officer, effective May 1, 2026. Mr. Benard's appointment represents the culmination of a thorough succession planning process that will position the Company for continued long-term strategic execution and success. “We are delighted to welcome Jamie Benard to the Vitesse team. Jamie.

Vitesse Energy uses hedging to protect itself against oil price movements, but it's not perfect, and the stock still has exposure to oil prices. Until there's a definitive cessation of hostilities, oil stocks are attractive to buy because they provide protection against a high oil price.

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced a hedging update related to opportunistic additional hedges through 2027 at price levels that support its dividend, along with the transition of M. Bruce Chernoff from Vitesse's Board of Directors (the “Vitesse Board”). HEDGING UPDATE Vitesse hedges a portion of its expected oil, natural gas, and NGL production volumes to increase the predictability and certainty of its cash.

Vitesse recently trimmed its dividend, but its yield is still around 9%. The company's shares are up by about 3% so far this year.

Vitesse Energy is upgraded to Strong Buy after a smart dividend cut, enhancing financial sustainability while maintaining a robust 9% yield plus opportunistic buybacks. VTS's accretive Powder River Basin acquisition and CAPEX reduction position it for improved free cash flow and leverage below 1.0x. Solid hedging through Q4 2027 and a resilient balance sheet support VTS amid oil market volatility and geopolitical risks.

Vitesse Energy, Inc. (VTS) Q4 2025 Earnings Call Transcript