Vitesse Energy is an independent energy company focused on the acquisition and management of non-operated oil and natural gas properties predominantly in the United States, covering regions such as the Williston Basin in North Dakota and Montana, as well as the Central Rockies. The company utilizes a non-operator business model, which allows it to engage with premier operators to drill and produce hydrocarbons without the direct operating costs and risks associated with being an operator. Its strategy is built around leveraging technical expertise and proprietary data to evaluate opportunities, aiming to generate strong returns and distribute capital back to shareholders through dividends.
With a growing portfolio of productive and undeveloped wells, Vitesse Energy aims for long-term value creation by maintaining a strong and conservative balance sheet, optimizing cash flows, and strategically acquiring new assets. The company emphasizes a data-driven approach to its operations, enabling it to quickly assess potential drilling locations and enhance operational efficiencies. The company also engages in hedging strategies to protect against commodity price fluctuations, allowing it to navigate the cyclical nature of the oil and gas industry effectively.