Vitesse Energy Inc 2025年季度报告

FORM10-Q xQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedSeptember 30, 2025 OR oTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number001-41546 Vitesse Energy, Inc.(Exact name of registrant as specified in its charter) 88-3617511 (720)361-2500Registrant's telephone number, including area code N/A(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports);and (2) has been subject to such filing requirements for the past 90 days.YesxNoo Indicate by check mark whether the registrant has submitted electronically and posted on its corporate web site, if any, everyInteractive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during thepreceding 12 months (or for such shorter period that the registrant was required to submit and post such files).YesxNoo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smallerreporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2of the Exchange Act. (Check one): Large accelerated fileroAccelerated filerxNon-accelerated fileroSmaller reporting companyoEmerging growth companyx Table of Contents If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). YesoNox The registrant had outstanding38,673,632shares of common stock as ofOctober31, 2025. TABLE OF CONTENTS CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS The information in this Form 10-Q contains statements which, to the extent they are not statements of historical or present fact, constitute“forward-looking statements” under the securities laws. These forward-looking statements are intended to provide management’s currentexpectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. Forward-looking statements can be identified by the use of words such as “believe,” “expect,” “expectations,” “plans,” “strategy,” “prospects,”“estimate,” “project,” “target,” “anticipate,” “will,” “should,” “see,” “guidance,” “outlook,” “confident” and other words of similar meaningin connection with a discussion of future operating or financial performance. Forward-looking statements may include, among other things,statements relating to future earnings, cash flow, results of operations, uses of cash, tax rates and other measures of financial performance orpotential future plans, strategies or transactions of Vitesse, and other statements that are not historical facts. Forward-looking statements arenot guarantees of future results and conditions, but rather are subject to numerous assumptions, risks, and uncertainties that may cause actualfuture results to be materially different from those contemplated, projected, estimated, or budgeted. Such assumptions, risks, uncertainties andother factors include, but are not limited to, the following: ■the timing and extent of changes in oil and natural gas prices;■our ability to successfully implement our business plan;■the Lucero Acquisition (as defined herein) may not be accretive, and may be dilutive, to our earnings per share, which maynegatively affect the market price of our common stock;■the ultimate timing, outcome, and results of integrating and executing on Lucero’s operations;■the pace of our operators’ drilling and completion activity on our properties, including in connection with refrac programs andextended length three-mile and four-mile lateral wells;■our operators’ ability to complete projects on time and on budget;■uncertainties about estimates of reserves, identification of drilling locations and the ability to add reserves in the future;■our ability to complete acquisitions;■actions taken by third-party operators, processors, transporters and gatherers;■extreme weather events, natural disasters, fluctuating regional and global weather conditions or patterns, pandemic, war (such asconflict in the Middle East and the ongoing military conflict in Ukraine), financial or political instability, casualty losses and othermatters beyond our control;■changes in general economic c