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

Vitesse Energy's (VTS) quarterly Operating Expenses came in at $61.5 million in Q1 2026, up 1.16% year-on-year from $60.8 million in Q1 2025, and down 6.3% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses rose 1.16% year-over-year to $61.5 million in Q1 2026; TTM through Mar 2026 was $257.6 million, a 20.53% increase from a year earlier, with the FY2025 full-year figure at $256.9 million, up 27.77% from the prior year.
  • Operating Expenses for Q1 2026 stood at $61.5 million, down from $65.6 million in the prior quarter.
  • Over the last five years, Operating Expenses for VTS reached as high as $71.6 million in Q1 2023 and fell as low as $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.
  • Across the five-year window, Operating Expenses surged 116.64% in 2023 and sank 32.84% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $22.8 million in 2022, then jumped by 116.64% to $49.4 million in 2023, then gained by 8.92% to $53.8 million in 2024, then advanced by 21.93% to $65.6 million in 2025, then decreased by 6.3% to $61.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 2.28 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 4.32 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 4.12 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 4.86 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 60.22 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 54.49 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 3.64 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 2.87 Bn
10 Vitesse Energy 612.77 Mn 572.95 Mn 52.08 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