Forensic Analysis · Energy / Oil & Gas · as of Jun 27, 2026
Vitesse Energy, Inc. (VTS)
A forensic read on Vitesse Energy, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
B · Sound & dependable
Forensic grade
Safe
Financial health
2.6
Altman Z-score
Clean
Earnings quality
2
Forensic signals
-3.1%
ROE
$659M
Market cap
11.72%
Dividend yield
Vitesse Energy, Inc. earns a B (Sound & dependable) forensic quality grade, and its Altman Z-score is 2.6, placing it in the Safe zone. 2 forensic signals were flagged in its latest SEC filings, led by accruals ratio.
What the filings flag
+22.7%Accruals ratio.Net operating assets grew +22.7% relative to their average in FY2025 — the accrual component of earnings. Accruals are building sharply — a large slice of profit sits in operating assets, not cash; Richardson/Sloan link high accruals to weaker future returns as they reverse. The cash-flow cross-check agrees: reported earnings ran behind operating cash by -26% of net operating assets.
1%Return on invested capital.Return on invested capital is 1% and slipping from 25% — well below its ~8% cost of capital, so reinvested dollars may be destroying value, not building it.
Key fundamentals
Net Margin9.2%
Free Cash Flow$170.3M
Latest Revenue$274.0M
Return on Equity4.0%
Revenue Growth YoY+13.2%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on Vitesse Energy, Inc.:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about VTS's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown