Investor Presentaiton
Investment Highlights
Significant Free Cash Flow
Limited capex required to keep production flat, supporting free cash flow
Dividend Payer
Additional $0.50 per share dividend to be paid fourth quarter of 2023
High Quality and Long Duration Asset
80%+ of assets comprised of undeveloped locations
History of Economic Acquisitions
186 acquisitions totaling $570 million
Prudent Risk Management
Target Net Debt / Adjusted EBITDA less than 1.0x, oil hedges into 2025, and diversified asset base
Process Oriented
Highly scalable, data-driven proprietary systems established to scrutinize every financial decision
Strong Investor Alignment
Vitesse insiders have increased ownership since the spin-off to -25% of the outstanding shares (1)
(1) Includes equity awards to Vitesse insiders and assumes full vesting of such awards.
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Vitesse
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