Vitesse Energy, Inc. VTS

Low-volatility stocks may offer stability, but that often comes at the cost of slower growth and the upside potential of more dynamic companies.

Vitesse Energy, Inc. (NYSE:VTS) announced on September 16 that it had completed the acquisition of non-operated oil and gas assets in Colorado’s Denver-Julesburg Basin for $26 million. Operated by Chevron, the acquired assets are expected to produce 900 boe/day over the next year, with 28% of it being oil. Vitesse expects the acquisition to be […]

Even if they go mostly unnoticed, energy businesses are the backbone of our country, providing the energy we need to power our lives and businesses.But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates and commodity prices), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 2.4% over the past six months. This performance is a stark contrast from the S&P 500’s 18.4% gain.