Vitesse Energy, Inc. (NYSE: VTS) announced it has added commodity hedges extending through 2027 and that board member M. Bruce Chernoff has resigned from the company's board of directors.

The energy company expanded its hedging positions for oil, natural gas, and natural gas liquids following recent commodity price movements. Based on the midpoint of its previously released 2026 guidance, Vitesse has hedged approximately 67% of its expected 2026 oil production.

The company's crude oil swap contracts cover periods from the first quarter of 2026 through the fourth quarter of 2027, with volumes ranging from 135,000 barrels in Q1 2027 to 613,509 barrels in Q2 2026. Weighted average fixed prices range from $63.51 to $66.77 per barrel across the various settlement periods.

Natural gas collar contracts extend from Q1 2026 through Q1 2027, with volumes between 795,000 MMbtu and 1,578,700 MMbtu. The company also established natural gas liquids swaps for 2026 and 2027, covering ethane, propane, iso-butane, normal butane, and natural gasoline.

Chernoff resigned from the board effective March 13, 2026, citing personal time constraints. He previously served as a director of Lucero Energy Corp. before its merger with Vitesse.

Vitesse focuses on returning capital to stockholders through financial interests in oil and gas wells operated by other companies. The company stated the hedges are designed to increase cash flow predictability and support its dividend payments.