In a report released today, Donovan Schafer CFA from Northland Securities maintained a Hold rating on Vitesse Energy, Inc. (VTS – Research Report), with a price target of $24.00. The company’s shares closed yesterday at $23.14.
Schafer CFA covers the Energy sector, focusing on stocks such as Northern Oil And Gas, PHX Minerals, and Vertex Energy. According to TipRanks, Schafer CFA has an average return of -13.3% and a 33.33% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Vitesse Energy, Inc. with a $24.00 average price target.
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The company has a one-year high of $26.29 and a one-year low of $12.97. Currently, Vitesse Energy, Inc. has an average volume of 270.2K.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VTS in relation to earlier this year.
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Vitesse Energy, Inc. (VTS) Company Description:
Vitesse Energy Inc is an independent energy company engaged in the acquisition, development, and production of non-operated oil and natural gas properties in the United States that are generally operated by leading oil companies and are primarily in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana. The firm is focused on returning capital to shareholders through owning a financial interest as a non-operator in oil and gas wells drilled by US operators.
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