Vitesse Energy (VTS) Operating Expenses (2022 - 2026)
Vitesse Energy (VTS) posted quarterly 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 reported Operating Expenses for 5 consecutive years, with $61.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 1.16% year-over-year to $61.5 million; the TTM figure through Mar 2026 stood at $257.6 million (up 20.53% YoY), while the FY2025 annual figure was $256.9 million, up 27.77% from the prior year.
- Operating Expenses eased to $61.5 million in Q1 2026 per VTS's latest filing, from $65.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $71.6 million in Q1 2023 and bottomed at $21.2 million in Q3 2022.
- Historically, Operating Expenses has averaged $49.8 million across 5 years, with a median of $49.4 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 116.64% — and 2024, when it tumbled 32.84%.
- Vitesse Energy's Operating Expenses stood at $22.8 million in 2022, then surged by 116.64% to $49.4 million in 2023, then increased by 8.92% to $53.8 million in 2024, then rose by 21.93% to $65.6 million in 2025, then fell 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 54.24 Mn |
| 10 | Vitesse Energy | 718.28 Mn | 690.91 Mn | 73.03 Mn | 70.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 70.13 Mn |
| 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 |