Vitesse Energy (VTS) Operating Expenses (2022 - 2026)

Vitesse Energy (VTS) reported Operating Expenses of $61.5 million for Q1 2026, up 1.16% year-over-year from $60.8 million in Q1 2025, and down 6.3% quarter-over-quarter from $65.6 million in Q4 2025.

Vitesse Energy (VTS) Operating Expenses (2022 - 2026) Analysis & Trends

Vitesse Energy (VTS) has 5 years of Operating Expenses data on file, last reported at $61.5 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $61.5 million, up 1.16% year-over-year; the trailing twelve-month figure through Mar 2026 was $257.6 million (up 20.53% YoY), and the FY2025 annual result was $256.9 million, up 27.77% from the prior year.
  • Operating Expenses fell to $61.5 million in Q1 2026 per VTS's latest filing, from $65.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $71.6 million in Q1 2023 and troughed at $21.2 million in Q3 2022.
  • A 5-year average of $49.8 million and a median of $49.4 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 116.64% in 2023, then tumbled 32.84% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $22.8 million in 2022, then jumped by 116.64% to $49.4 million in 2023, then grew by 8.92% to $53.8 million in 2024, then increased by 21.93% to $65.6 million in 2025, then declined by 6.3% to $61.5 million in 2026.
  • Business Quant data shows VTS's Operating Expenses at $61.5 million in Q1 2026, $65.6 million in Q4 2025, and $67.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 4.32 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -52.32 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 103.33 Mn
10 Vitesse Energy 709.35 Mn 669.54 Mn 61.75 Mn 61.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 61.50 Mn
Dec 31, 2025 65.64 Mn
Sep 30, 2025 67.34 Mn
Jun 30, 2025 63.10 Mn
Mar 31, 2025 60.79 Mn
Dec 31, 2024 53.83 Mn
Sep 30, 2024 49.30 Mn
Jun 30, 2024 49.78 Mn
Mar 31, 2024 48.11 Mn
Dec 31, 2023 49.42 Mn
Sep 30, 2023 39.12 Mn
Jun 30, 2023 38.87 Mn
Mar 31, 2023 71.64 Mn
Dec 31, 2022 22.81 Mn
Sep 30, 2022 21.15 Mn
Jun 30, 2022 49.45 Mn
Mar 31, 2022 34.61 Mn