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Vitesse Energy Completes Acquisition of Lucero Energy

Story Highlights

Vitesse Energy, Inc. ( (VTS) ) just unveiled an announcement.

On March 7, 2025, Vitesse Energy, Inc. completed its acquisition of Lucero Energy Corp., making Lucero a wholly-owned subsidiary. This transaction, which involved a share exchange, increased Vitesse’s outstanding shares significantly and positioned the company to expand its operations in the Williston Basin, potentially enhancing its market presence and resource development capabilities.

More about Vitesse Energy, Inc.

Vitesse Energy, Inc. is a Delaware-based corporation operating in the energy sector, primarily focusing on the acquisition, development, and production of oil-weighted assets. The company is involved in the exploration and development of leases in prolific areas such as the Bakken and Three Forks formations in the Williston Basin area of North Dakota.

YTD Price Performance: -6.53%

Average Trading Volume: 192,897

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $722.5M

See more insights into VTS stock on TipRanks’ Stock Analysis page.

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