Vitesse Energy (Vitesse Energy) Accounts Payable & Accrued Expense : $44.6 Mil (As of Mar. 2024)

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What is Vitesse Energy Accounts Payable & Accrued Expense?

Vitesse Energy's quarterly accounts payable & accrued expense declined from Sep. 2023 ($70.4 Mil) to Dec. 2023 ($53.3 Mil) and declined from Dec. 2023 ($53.3 Mil) to Mar. 2024 ($44.6 Mil).

Vitesse Energy's annual accounts payable & accrued expense increased from Nov. 2021 ($16.8 Mil) to Dec. 2022 ($26.6 Mil) and increased from Dec. 2022 ($26.6 Mil) to Dec. 2023 ($53.3 Mil).

Vitesse Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vitesse Energy's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vitesse Energy Accounts Payable & Accrued Expense Chart

Vitesse Energy Annual Data

Trend

Nov19

Nov20

Nov21

Dec22

Dec23

Accounts Payable & Accrued Expense

18.02

16.78

26.60

53.29

Vitesse Energy Quarterly Data
	Nov19	Nov20	Aug21	Nov21	Aug22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						22.95	38.73	70.43	53.29	44.64

Vitesse Energy Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Vitesse Energy (Vitesse Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vitesse Energy Inc (NYSE:VTS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

9200 E. Mineral Avenue, Suite 200, Centennial, CO, USA, 80112

Website

https://www.vitesse-vts.com

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 oil companies and are in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana. The company also have properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.

Executives

James P Henderson	officer: Chief Financial Officer	1625 BROADWAY, SUITE 250, DENVER CO 80202
Robert W Gerrity	director, officer: Chief Executive Officer	9200 E. MINERAL AVE., SUITE 200, CENTENNIAL CO 80112
Leary Dan O	director	10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012
Joseph S Steinberg	director	C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Brian Cree	officer: President	9200 E. MINERAL AVE., SUITE 200, CENTENNIAL CO 80112
Christopher I Humber	officer: General Counsel and Secretary	9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Brian P Friedman	director
Randy I Stein	director	1670 BROADWAY SUITE 2800, DENVER CO 80202
Linda Adamany	director	505 FRONT AVE., P.O. BOX "I", COEUR D'ALENE ID 83816
Cathleen M Osborn	director	9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Jefferies Financial Group Inc.	10 percent owner	520 MADISON AVENUE, NEW YORK NY 10022
David R Macosko	officer: Chief Financial Officer	9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Michael Sabol	officer: VP - SEC & Financial Reporting	9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Mike Morella	officer: VP - Chief Accounting Officer	9200 E. MINERAL AVE., SUITE 200, CENTENNIAI CO 80112
Vitesse Energy Finance Llc	10 percent owner	520 MADISON AVENUE, NEW YORK NY 10022