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Vitesse Energy (Vitesse Energy) Tangible Book per Share : $17.75 (As of Mar. 2024)


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What is Vitesse Energy Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Vitesse Energy's tangible book value per share for the quarter that ended in Mar. 2024 was $17.75.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Vitesse Energy Tangible Book per Share Historical Data

The historical data trend for Vitesse Energy's Tangible Book per Share 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.

* Premium members only.

Vitesse Energy Tangible Book per Share Chart

Vitesse Energy Annual Data
Trend Nov19 Nov20 Nov21 Dec22 Dec23
Tangible Book per Share
- 17.46 17.70 20.18 18.98

Vitesse Energy Quarterly Data
Nov19 Nov20 Aug21 Nov21 Aug22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 19.56 19.38 18.80 18.98 17.75

Competitive Comparison of Vitesse Energy's Tangible Book per Share

For the Oil & Gas E&P subindustry, Vitesse Energy's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vitesse Energy's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vitesse Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Vitesse Energy's Price-to-Tangible-Book falls into.



Vitesse Energy Tangible Book per Share Calculation

Vitesse Energy's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(546.406-0-0)/28.7874
=18.98

Vitesse Energy's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(522.716-0-0)/29.4548
=17.75

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Vitesse Energy  (NYSE:VTS) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Vitesse Energy Tangible Book per Share Related Terms

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Vitesse Energy (Vitesse Energy) Business Description

Traded in Other Exchanges
N/A
Address
9200 E. Mineral Avenue, Suite 200, Centennial, CO, USA, 80112
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