10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001944558-23-000083 |
| Period End Date | 20230930 |
| Filing Date | 20231101 |
| Fiscal Year | 2023 |
| Fiscal Period | Q3 |
| XBRL Instance | vitesse-20230930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
69 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock, par value (in USD per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred stock, authorized (in shares) |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Preferred stock, issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Cash |
Cash
|
$1.75M | USD | Point-in-time |
| Cash |
Cash
|
$10.01M | USD | Point-in-time |
| Revenue receivable |
AccountsReceivableNetCurrent
|
$38.20M | USD | Point-in-time |
| Revenue receivable |
AccountsReceivableNetCurrent
|
$41.39M | USD | Point-in-time |
| Common stock, par value (in USD per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Commodity derivatives (Note 6) |
DerivativeAssetsCurrent
|
$2.11M | USD | Point-in-time |
| Common stock, authorized (in shares) |
CommonStockSharesAuthorized
|
95.00M | shares | Point-in-time |
| Commodity derivatives (Note 6) |
DerivativeAssetsCurrent
|
- | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.55M | USD | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
32.81M | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$841.00K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$54.35M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$41.49M | USD | Point-in-time |
| Proved oil and gas properties |
ProvedOilAndGasPropertySuccessfulEffortMethod
|
$1.14B | USD | Point-in-time |
| Proved oil and gas properties |
ProvedOilAndGasPropertySuccessfulEffortMethod
|
$985.75M | USD | Point-in-time |
| Less accumulated DD&A and impairment |
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment
|
$382.97M | USD | Point-in-time |
| Less accumulated DD&A and impairment |
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment
|
$438.71M | USD | Point-in-time |
| Total oil and gas properties |
OilAndGasPropertySuccessfulEffortMethodNet
|
$602.78M | USD | Point-in-time |
| Total oil and gas properties |
OilAndGasPropertySuccessfulEffortMethodNet
|
$697.13M | USD | Point-in-time |
| Other Property and EquipmentNet |
PropertyPlantAndEquipmentNet
|
$166.00K | USD | Point-in-time |
| Other Property and EquipmentNet |
PropertyPlantAndEquipmentNet
|
$114.00K | USD | Point-in-time |
| Commodity derivatives (Note 6) |
DerivativeAssetsNoncurrent
|
$1.16M | USD | Point-in-time |
| Commodity derivatives (Note 6) |
DerivativeAssetsNoncurrent
|
$325.00K | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsMiscellaneousNoncurrent
|
$1.84M | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsMiscellaneousNoncurrent
|
$2.08M | USD | Point-in-time |
| Total other assets |
OtherAssetsNoncurrent
|
$3.24M | USD | Point-in-time |
| Total other assets |
OtherAssetsNoncurrent
|
$2.17M | USD | Point-in-time |
| Total assets |
Assets
|
$740.97M | USD | Point-in-time |
| Total assets |
Assets
|
$660.48M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$7.21M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$24.47M | USD | Point-in-time |
| Accrued liabilities (Note 7) |
AccruedLiabilitiesCurrent
|
$25.85M | USD | Point-in-time |
| Accrued liabilities (Note 7) |
AccruedLiabilitiesCurrent
|
$52.66M | USD | Point-in-time |
| Commodity derivatives (Note 6) |
DerivativeLiabilitiesCurrent
|
$6.30M | USD | Point-in-time |
| Commodity derivatives (Note 6) |
DerivativeLiabilitiesCurrent
|
$3.44M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
- | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$184.00K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$36.68M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$83.42M | USD | Point-in-time |
| Revolving credit facility (Note 5) |
LongTermLineOfCredit
|
$48.00M | USD | Point-in-time |
| Revolving credit facility (Note 5) |
LongTermLineOfCredit
|
$56.00M | USD | Point-in-time |
| Deferred tax liability (Note 11) |
DeferredIncomeTaxLiabilitiesNet
|
$48.46M | USD | Point-in-time |
| Deferred tax liability (Note 11) |
DeferredIncomeTaxLiabilitiesNet
|
- | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$6.82M | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$7.63M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
- | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$4.25M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$199.76M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$91.50M | USD | Point-in-time |
| Commitments and Contingencies (Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies (Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Predecessor Redeemable Management Incentive Units (Note 10) |
TemporaryEquityCarryingAmountAttributableToParent
|
$4.56M | USD | Point-in-time |
| Preferred stock, $0.01 par value, 5,000,000 shares authorized; 0 shares issued at September 30, 2023 |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, $0.01 par value, 95,000,000 shares authorized; 32,812,025 shares issued at September 30, 2023 |
CommonStockValue
|
$328.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$582.37M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-41.49M | USD | Point-in-time |
| Predecessor members' equity-common units-450,000,000 units outstanding (Note 10) |
MembersEquity
|
$446.67M | USD | Point-in-time |
| Predecessor members' equity-common units-450,000,000 units outstanding (Note 10) |
MembersEquity
|
$452.75M | USD | Point-in-time |
| Predecessor members' equity-common units-450,000,000 units outstanding (Note 10) |
MembersEquity
|
$564.42M | USD | Point-in-time |
| Predecessor members' equity-common units-450,000,000 units outstanding (Note 10) |
MembersEquity
|
$480.07M | USD | Point-in-time |
| Predecessor members' equity-common units-450,000,000 units outstanding (Note 10) |
MembersEquity
|
$537.81M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$563.11M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$557.75M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$541.21M | USD | Point-in-time |
| Total liabilities, redeemable units and equity |
LiabilitiesAndStockholdersEquity
|
$660.48M | USD | Point-in-time |
| Total liabilities, redeemable units and equity |
LiabilitiesAndStockholdersEquity
|
$740.97M | USD | Point-in-time |
Income Statement
92 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$164.60M | USD | 3 Qtrs |
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$55.05M | USD | 1 Quarter |
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$220.87M | USD | 3 Qtrs |
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$77.10M | USD | 1 Quarter |
| Lease operating expense |
ResultsOfOperationsProductionOrLiftingCosts
|
$22.48M | USD | 3 Qtrs |
| Lease operating expense |
ResultsOfOperationsProductionOrLiftingCosts
|
$9.98M | USD | 1 Quarter |
| Lease operating expense |
ResultsOfOperationsProductionOrLiftingCosts
|
$8.32M | USD | 1 Quarter |
| Lease operating expense |
ResultsOfOperationsProductionOrLiftingCosts
|
$28.38M | USD | 3 Qtrs |
| Production taxes |
ProductionTaxExpense
|
$18.61M | USD | 3 Qtrs |
| Production taxes |
ProductionTaxExpense
|
$15.32M | USD | 3 Qtrs |
| Production taxes |
ProductionTaxExpense
|
$6.64M | USD | 1 Quarter |
| Production taxes |
ProductionTaxExpense
|
$5.15M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$5.75M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$19.14M | USD | 3 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.82M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$12.25M | USD | 3 Qtrs |
| Depletion, depreciation, amortization, and accretion |
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
$56.23M | USD | 3 Qtrs |
| Depletion, depreciation, amortization, and accretion |
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
$46.95M | USD | 3 Qtrs |
| Depletion, depreciation, amortization, and accretion |
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
$19.01M | USD | 1 Quarter |
| Depletion, depreciation, amortization, and accretion |
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
$17.78M | USD | 1 Quarter |
| Equity-based compensation (Note 10) |
ShareBasedCompensation
|
$1.15M | USD | 1 Quarter |
| Equity-based compensation (Note 10) |
ShareBasedCompensation
|
$-17.33M | USD | 1 Quarter |
| Equity-based compensation (Note 10) |
ShareBasedCompensation
|
$30.55M | USD | 3 Qtrs |
| Equity-based compensation (Note 10) |
ShareBasedCompensation
|
$4.91M | USD | 3 Qtrs |
| Total operating expenses |
OperatingExpenses
|
$149.63M | USD | 3 Qtrs |
| Total operating expenses |
OperatingExpenses
|
$105.21M | USD | 3 Qtrs |
| Total operating expenses |
OperatingExpenses
|
$39.12M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$21.15M | USD | 1 Quarter |
| Operating Income |
OperatingIncomeLoss
|
$115.66M | USD | 3 Qtrs |
| Operating Income |
OperatingIncomeLoss
|
$55.95M | USD | 1 Quarter |
| Operating Income |
OperatingIncomeLoss
|
$15.94M | USD | 1 Quarter |
| Operating Income |
OperatingIncomeLoss
|
$14.97M | USD | 3 Qtrs |
| Commodity derivative gain (loss), net |
GainLossOnDerivativeInstrumentsNetPretax
|
$-4.88M | USD | 3 Qtrs |
| Commodity derivative gain (loss), net |
GainLossOnDerivativeInstrumentsNetPretax
|
$-17.34M | USD | 3 Qtrs |
| Commodity derivative gain (loss), net |
GainLossOnDerivativeInstrumentsNetPretax
|
$-17.08M | USD | 1 Quarter |
| Commodity derivative gain (loss), net |
GainLossOnDerivativeInstrumentsNetPretax
|
$31.04M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$1.25M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$1.17M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$3.46M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$3.00M | USD | 3 Qtrs |
| Other income |
OtherNonoperatingIncomeExpense
|
$6.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncomeExpense
|
$12.00K | USD | 3 Qtrs |
| Other income |
OtherNonoperatingIncomeExpense
|
$99.00K | USD | 3 Qtrs |
| Other income |
OtherNonoperatingIncomeExpense
|
$49.00K | USD | 1 Quarter |
| Total other (expense) income |
NonoperatingIncomeExpense
|
$29.79M | USD | 1 Quarter |
| Total other (expense) income |
NonoperatingIncomeExpense
|
$-18.20M | USD | 1 Quarter |
| Total other (expense) income |
NonoperatingIncomeExpense
|
$-8.25M | USD | 3 Qtrs |
| Total other (expense) income |
NonoperatingIncomeExpense
|
$-20.33M | USD | 3 Qtrs |
| Income (Loss) Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$85.74M | USD | 1 Quarter |
| Income (Loss) Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$6.72M | USD | 3 Qtrs |
| Income (Loss) Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$95.33M | USD | 3 Qtrs |
| Income (Loss) Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-2.26M | USD | 1 Quarter |
| (Provision for) Benefit from Income Taxes |
IncomeTaxExpenseBenefit
|
- | USD | 3 Qtrs |
| (Provision for) Benefit from Income Taxes |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| (Provision for) Benefit from Income Taxes |
IncomeTaxExpenseBenefit
|
$-796.00K | USD | 1 Quarter |
| (Provision for) Benefit from Income Taxes |
IncomeTaxExpenseBenefit
|
$46.39M | USD | 3 Qtrs |
| Net Income (Loss) |
NetIncomeLoss
|
$-1.47M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$85.74M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-39.66M | USD | 3 Qtrs |
| Net Income (Loss) |
NetIncomeLoss
|
$-47.81M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$95.33M | USD | 3 Qtrs |
| Net Income (Loss) |
NetIncomeLoss
|
$9.62M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-7.16M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$16.75M | USD | 1 Quarter |
| Net income attributable to Predecessor common unit holders |
NetIncomeLossAttributableToPredecessorCommonUnitHolders
|
$-1.83M | USD | 3 Qtrs |
| Net income attributable to Predecessor common unit holders |
NetIncomeLossAttributableToPredecessorCommonUnitHolders
|
- | USD | 1 Quarter |
| Net income attributable to Predecessor common unit holders |
NetIncomeLossAttributableToPredecessorCommonUnitHolders
|
$-85.74M | USD | 1 Quarter |
| Net income attributable to Predecessor common unit holders |
NetIncomeLossAttributableToPredecessorCommonUnitHolders
|
$-95.33M | USD | 3 Qtrs |
| Net Income (Loss) Attributable to Vitesse Energy, Inc. |
NetIncomeLossAttributableToParentExcludingPredecessor
|
$-41.49M | USD | 3 Qtrs |
| Net Income (Loss) Attributable to Vitesse Energy, Inc. |
NetIncomeLossAttributableToParentExcludingPredecessor
|
- | USD | 1 Quarter |
| Net Income (Loss) Attributable to Vitesse Energy, Inc. |
NetIncomeLossAttributableToParentExcludingPredecessor
|
$-1.47M | USD | 1 Quarter |
| Net Income (Loss) Attributable to Vitesse Energy, Inc. |
NetIncomeLossAttributableToParentExcludingPredecessor
|
- | USD | 3 Qtrs |
| Weighted average common shares / Predecessor common unit outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
438.62M | shares | 3 Qtrs |
| Weighted average common shares / Predecessor common unit outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
29.66M | shares | 3 Qtrs |
| Weighted average common shares / Predecessor common unit outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
438.62M | shares | 1 Quarter |
| Weighted average common shares / Predecessor common unit outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
29.66M | shares | 1 Quarter |
| Weighted average common shares / Predecessor common unit outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
29.66M | shares | 3 Qtrs |
| Weighted average common shares / Predecessor common unit outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
438.62M | shares | 1 Quarter |
| Weighted average common shares / Predecessor common unit outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
438.62M | shares | 3 Qtrs |
| Weighted average common shares / Predecessor common unit outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
29.66M | shares | 1 Quarter |
| Net income (loss) per common share / Predecessor common unit - basic (in USD per share) |
EarningsPerShareBasic
|
$0.19 | USD | 1 Quarter |
| Net income (loss) per common share / Predecessor common unit - basic (in USD per share) |
EarningsPerShareBasic
|
$0.21 | USD | 3 Qtrs |
| Net income (loss) per common share / Predecessor common unit - basic (in USD per share) |
EarningsPerShareBasic
|
$-0.05 | USD | 1 Quarter |
| Net income (loss) per common share / Predecessor common unit - basic (in USD per share) |
EarningsPerShareBasic
|
$-1.40 | USD | 3 Qtrs |
| Net income (loss) per common share / Predecessor common unit - diluted (in USD per share) |
EarningsPerShareDiluted
|
$0.19 | USD | 1 Quarter |
| Net income (loss) per common share / Predecessor common unit - diluted (in USD per share) |
EarningsPerShareDiluted
|
$-1.40 | USD | 3 Qtrs |
| Net income (loss) per common share / Predecessor common unit - diluted (in USD per share) |
EarningsPerShareDiluted
|
$-0.05 | USD | 1 Quarter |
| Net income (loss) per common share / Predecessor common unit - diluted (in USD per share) |
EarningsPerShareDiluted
|
$0.21 | USD | 3 Qtrs |
| Net loss per Predecessor non-founder MIUs classified as temporary equitybasic (in USD per share) |
EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityBasic
|
- | USD | 1 Quarter |
| Net loss per Predecessor non-founder MIUs classified as temporary equitybasic (in USD per share) |
EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityBasic
|
- | USD | 3 Qtrs |
| Net loss per Predecessor non-founder MIUs classified as temporary equitydiluted (in USD per share) |
EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityDiluted
|
- | USD | 1 Quarter |
| Net loss per Predecessor non-founder MIUs classified as temporary equitydiluted (in USD per share) |
EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityDiluted
|
- | USD | 3 Qtrs |
Cash Flow Statement
80 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$-1.47M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$85.74M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-39.66M | USD | 3 Qtrs |
| Net income (loss) |
NetIncomeLoss
|
$-47.81M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$95.33M | USD | 3 Qtrs |
| Net income (loss) |
NetIncomeLoss
|
$9.62M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-7.16M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$16.75M | USD | 1 Quarter |
| Depletion, depreciation, amortization, and accretion |
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
$56.23M | USD | 3 Qtrs |
| Depletion, depreciation, amortization, and accretion |
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
$46.95M | USD | 3 Qtrs |
| Depletion, depreciation, amortization, and accretion |
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
$19.01M | USD | 1 Quarter |
| Depletion, depreciation, amortization, and accretion |
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
$17.78M | USD | 1 Quarter |
| Unrealized loss (gain) on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$-5.80M | USD | 3 Qtrs |
| Unrealized loss (gain) on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$23.94M | USD | 3 Qtrs |
| Equity-based compensation |
ShareBasedCompensation
|
$1.15M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$-17.33M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$30.55M | USD | 3 Qtrs |
| Equity-based compensation |
ShareBasedCompensation
|
$4.91M | USD | 3 Qtrs |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$46.39M | USD | 3 Qtrs |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
- | USD | 3 Qtrs |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$486.00K | USD | 3 Qtrs |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$341.00K | USD | 3 Qtrs |
| Revenue receivable |
IncreaseDecreaseInAccountsReceivable
|
$14.86M | USD | 3 Qtrs |
| Revenue receivable |
IncreaseDecreaseInAccountsReceivable
|
$-5.91M | USD | 3 Qtrs |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$117.00K | USD | 3 Qtrs |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$882.00K | USD | 3 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-449.00K | USD | 3 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$5.59M | USD | 3 Qtrs |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-101.00K | USD | 3 Qtrs |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$1.95M | USD | 3 Qtrs |
| Other |
IncreaseDecreaseInOtherOperatingAssets
|
$-8.00K | USD | 3 Qtrs |
| Other |
IncreaseDecreaseInOtherOperatingAssets
|
$2.00K | USD | 3 Qtrs |
| Net cash provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$110.30M | USD | 3 Qtrs |
| Net cash provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$110.13M | USD | 3 Qtrs |
| Acquisition of oil and gas properties |
PaymentsToAcquireOilAndGasProperty
|
$22.00M | USD | 3 Qtrs |
| Acquisition of oil and gas properties |
PaymentsToAcquireOilAndGasProperty
|
$21.82M | USD | 3 Qtrs |
| Acquisition of oil and gas properties |
PaymentsToAcquireOilAndGasProperty
|
$3.60M | USD | 1 Quarter |
| Acquisition of oil and gas properties |
PaymentsToAcquireOilAndGasProperty
|
$17.60M | USD | 1 Quarter |
| Development of oil and gas properties |
PaymentsToExploreAndDevelopOilAndGasProperties
|
$39.65M | USD | 3 Qtrs |
| Development of oil and gas properties |
PaymentsToExploreAndDevelopOilAndGasProperties
|
$55.51M | USD | 3 Qtrs |
| Purchase of property and equipment |
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
$9.00K | USD | 3 Qtrs |
| Purchase of property and equipment |
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
$129.00K | USD | 3 Qtrs |
| Net cash used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-77.46M | USD | 3 Qtrs |
| Net cash used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-61.66M | USD | 3 Qtrs |
| Proceeds from revolving credit facility |
ProceedsFromLongTermLinesOfCredit
|
$16.00M | USD | 3 Qtrs |
| Proceeds from revolving credit facility |
ProceedsFromLongTermLinesOfCredit
|
$32.00M | USD | 3 Qtrs |
| Repayments of revolving credit facility |
RepaymentsOfLongTermLinesOfCredit
|
$28.00M | USD | 3 Qtrs |
| Repayments of revolving credit facility |
RepaymentsOfLongTermLinesOfCredit
|
$24.00M | USD | 3 Qtrs |
| Repayments of Vitesse Oil revolving credit facility |
RepaymentsOfLongTermLinesOfCreditAffiliatedEntity
|
$5.00M | USD | 3 Qtrs |
| Repayments of Vitesse Oil revolving credit facility |
RepaymentsOfLongTermLinesOfCreditAffiliatedEntity
|
- | USD | 3 Qtrs |
| Dividends/distributions paid |
PaymentsOfDividends
|
$43.48M | USD | 3 Qtrs |
| Dividends/distributions paid |
PaymentsOfDividends
|
$36.00M | USD | 3 Qtrs |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 3 Qtrs |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$248.00K | USD | 3 Qtrs |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$379.00K | USD | 3 Qtrs |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$1.81M | USD | 3 Qtrs |
| Net cash used in Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-49.81M | USD | 3 Qtrs |
| Net cash used in Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-41.11M | USD | 3 Qtrs |
| Net Increase (Decrease) in Cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.35M | USD | 3 Qtrs |
| Net Increase (Decrease) in Cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-8.26M | USD | 3 Qtrs |
| CashBeginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.36M | USD | Point-in-time |
| CashBeginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.01M | USD | Point-in-time |
| CashBeginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$10.01M | USD | Point-in-time |
| CashBeginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.75M | USD | Point-in-time |
| CashEnd of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.36M | USD | Point-in-time |
| CashEnd of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.01M | USD | Point-in-time |
| CashEnd of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$10.01M | USD | Point-in-time |
| CashEnd of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.75M | USD | Point-in-time |
| Cash paid for interest |
InterestPaidNet
|
$2.74M | USD | 3 Qtrs |
| Cash paid for interest |
InterestPaidNet
|
$3.12M | USD | 3 Qtrs |
| Cash paid for income taxes |
IncomeTaxesPaid
|
- | USD | 3 Qtrs |
| Cash paid for income taxes |
IncomeTaxesPaid
|
$1.29M | USD | 3 Qtrs |
| Oil and gas properties included in accounts payable and accrued liabilities |
CapitalExpendituresIncurredButNotYetPaid
|
$18.56M | USD | 3 Qtrs |
| Oil and gas properties included in accounts payable and accrued liabilities |
CapitalExpendituresIncurredButNotYetPaid
|
$57.53M | USD | 3 Qtrs |
| Asset retirement obligations capitalized to oil and gas properties |
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
|
$392.00K | USD | 3 Qtrs |
| Asset retirement obligations capitalized to oil and gas properties |
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
|
- | USD | 3 Qtrs |
| Issuance of common stock to acquire Vitesse Oil |
StockIssued1
|
- | USD | 3 Qtrs |
| Issuance of common stock to acquire Vitesse Oil |
StockIssued1
|
$30.63M | USD | 3 Qtrs |
| Unit-based compensation liability transferred to predecessor redeemable management incentive units |
UnitBasedCompensationLiabilityTransferredToRedeemableManagementIncentiveUnits
|
- | USD | 3 Qtrs |
| Unit-based compensation liability transferred to predecessor redeemable management incentive units |
UnitBasedCompensationLiabilityTransferredToRedeemableManagementIncentiveUnits
|
$46.00K | USD | 3 Qtrs |
Stockholders Equity
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$563.11M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$557.75M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$541.21M | USD | Point-in-time |
| Beginning balance |
MembersEquity
|
$446.67M | USD | Point-in-time |
| Beginning balance |
MembersEquity
|
$452.75M | USD | Point-in-time |
| Beginning balance |
MembersEquity
|
$564.42M | USD | Point-in-time |
| Beginning balance |
MembersEquity
|
$480.07M | USD | Point-in-time |
| Beginning balance |
MembersEquity
|
$537.81M | USD | Point-in-time |
| Net income (loss) |
NetIncomeLoss
|
$-1.47M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$85.74M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-39.66M | USD | 3 Qtrs |
| Net income (loss) |
NetIncomeLoss
|
$-47.81M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$95.33M | USD | 3 Qtrs |
| Net income (loss) |
NetIncomeLoss
|
$9.62M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-7.16M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$16.75M | USD | 1 Quarter |
| Issuance of common stock in exchange for Vitesse Energy, LLC |
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
- | USD | 1 Quarter |
| Issuance of common stock in exchange for Non-Founder MIU's |
StockIssuedDuringPeriodValueNewIssuesNonFounderIssuance
|
$4.56M | USD | 1 Quarter |
| Acquisition of Vitesse Oil, LLC |
StockIssuedDuringPeriodValueAcquisitions
|
$30.63M | USD | 1 Quarter |
| Issuance/forfeiture of restricted stock units |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
$-120.00K | USD | 1 Quarter |
| Issuance/forfeiture of restricted stock units |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
- | USD | 1 Quarter |
| Issuance of Transitional Plan awards |
StockIssuedDuringPeriodValueShareBasedCompensation
|
- | USD | 1 Quarter |
| Equity-based compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$1.45M | USD | 1 Quarter |
| Equity-based compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$1.43M | USD | 1 Quarter |
| Equity-based compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$27.97M | USD | 1 Quarter |
| Common stock dividends declared |
DividendsCommonStockStock
|
$16.41M | USD | 1 Quarter |
| Common stock dividends declared |
DividendsCommonStockStock
|
$49.20M | USD | 3 Qtrs |
| Common stock dividends declared |
DividendsCommonStockStock
|
$16.41M | USD | 1 Quarter |
| Common stock dividends declared |
DividendsCommonStockStock
|
$16.41M | USD | 1 Quarter |
| Repurchase of common stock (in shares) |
StockRepurchasedAndRetiredDuringPeriodShares
|
14,600.00 | shares | 3 Qtrs |
| Repurchases of common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$248.00K | USD | 1 Quarter |
| Repurchases of common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$200.00K | USD | 3 Qtrs |
| Distribution to common unit holders |
DistributionToCommonUnitHolders
|
$18.00M | USD | 1 Quarter |
| Distribution to common unit holders |
DistributionToCommonUnitHolders
|
$36.00M | USD | 3 Qtrs |
| Distribution to common unit holders |
DistributionToCommonUnitHolders
|
- | USD | 1 Quarter |
| Distribution to common unit holders |
DistributionToCommonUnitHolders
|
$18.00M | USD | 1 Quarter |
| Fair market value MIU adjustment (Note 10) |
MembersEquityLiabilityBasedAwardFairValueAdjustment
|
$-1.60M | USD | 3 Qtrs |
| Fair market value MIU adjustment (Note 10) |
MembersEquityLiabilityBasedAwardFairValueAdjustment
|
$-4.83M | USD | 1 Quarter |
| Fair market value MIU adjustment (Note 10) |
MembersEquityLiabilityBasedAwardFairValueAdjustment
|
$5.40M | USD | 1 Quarter |
| Fair market value MIU adjustment (Note 10) |
MembersEquityLiabilityBasedAwardFairValueAdjustment
|
$-2.17M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$563.11M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$557.75M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$541.21M | USD | Point-in-time |
| Ending balance |
MembersEquity
|
$446.67M | USD | Point-in-time |
| Ending balance |
MembersEquity
|
$452.75M | USD | Point-in-time |
| Ending balance |
MembersEquity
|
$564.42M | USD | Point-in-time |
| Ending balance |
MembersEquity
|
$480.07M | USD | Point-in-time |
| Ending balance |
MembersEquity
|
$537.81M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.