Vermilion Energy

Vermilion Energy, Inc. engages in the acquisition, exploration, development, and production of oil and natural gas. It operates through the following geographical segments: Canada, United States of America, France, Netherlands, Germany, Ireland, Australia, and Corporate. The company was founded by Lorenzo Donadeo and Claudio A. Ghersinich in 1994 and is headquartered in Calgary, Canada.

Earnings data Q1 2021

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Vermilion Energy (VET) reports strong Q4 performance and growth outlook

Vermilion Energy (VET) showcased robust financial performance in Q4 2022, driven by debt reduction, record fund flows, and strategic acquisitions.
Despite challenges such as production downtime and market uncertainties, Vermilion's strong asset base and focus on shareholder returns position the company for sustainable growth.
With a proactive approach to production expansion and operational optimization, Vermilion is well-positioned to capitalize on opportunities and navigate potential challenges in the energy market.

Vermilion Energy reports robust Q1 performance and strategic growth plans

Vermilion Energy delivered strong financial results in Q1 2023, building on its record performance in 2022, with a focus on operational excellence and shareholder value creation.
The company's proactive approach to debt reduction, asset optimization, and strategic investments underscores its commitment to sustainable growth and financial strength.
While facing challenges such as market volatility and operational complexities, Vermilion Energy is well-positioned to capitalize on opportunities for growth and value creation in the energy sector.

Vermilion Energy reports strong Q2 performance amidst production challenges

Vermilion Energy's Q2 2023 showed resilience in production, financial performance, and strategic acquisitions. Challenges include North American production decline and Australia facility delays. Opportunities lie in debt reduction, increased shareholder returns, and strategic hedging.

Vermilion Energy (VET) excels in Q3, eyes growth and shareholder returns

Vermilion Energy (VET) showcased robust performance in Q3, focusing on production, fund flow, and free cash flow generation.
Despite challenges in international operations and increased capital expenditure, VET remains committed to achieving financial targets and enhancing shareholder value.
The company's strategic strengths, diverse project portfolio, and strong financial outlook position it well for future growth and increased returns to shareholders.
With a clear roadmap to reduce net debt and capitalize on growth opportunities, VET's operational momentum and financial discipline are key strengths.

Vermilion Energy (VET) reports solid Q4 results, focuses on growth

Vermilion Energy (VET) demonstrated financial resilience and operational strength in Q4 2023, meeting key targets and reducing debt.
Despite reserve decreases and operational challenges, the company remains focused on growth opportunities in new markets and operational improvements.
Strategic adjustments and continued focus on financial discipline position VET for sustainable growth and value creation in the future.
With a strong balance sheet and diverse operational portfolio, VET is poised to navigate market challenges and capitalize on emerging opportunities.

Vermilion Energy excels in Q1 with strategic growth focus

Vermilion Energy's Q1 earnings call showcases strong performance, proactive financial management, and strategic focus on growth opportunities. Challenges include political uncertainties in Europe and addressing shareholder concerns. The company's emphasis on debt reduction, dividend strategy, and capital reallocation positions it well for future growth.

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CALGARY, AB , Dec. 19, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce its 2025 budget, an 8% dividend increase and strong Germany well test results. Highlights 2025 capital expenditure budget of $600 – $625 million includes drilling and infrastructure capital allocated across all major business units, including ongoing drilling and debottlenecking on the BC Montney asset and drilling capital allocated to European gas exploration and development in Germany, the Netherlands, and Central and Eastern Europe.

Vermilion Energy Inc. Announces 2025 Budget, 8% Dividend Increase and Strong Germany Well Test Results

Vermilion Energy Inc. (VET) Q3 2024 Earnings Call Transcript

Vermilion reported a strong funds flow and free cash flow in Q3, above Q2 levels, despite a softer oil price in Q3. The European natural gas prices were very attractive in the most recent quarter, which offset the decline in oil prices. The company has continued to deleverage and has decreased the share count by 4.3% in 2024 on top of the annual dividend yield of 3.5%.

Vermilion Energy: Another Impressive Quarter And The Buybacks Continue

Vermilion Energy (VET) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.25 per share a year ago.

Vermilion Energy (VET) Q3 Earnings and Revenues Miss Estimates

CALGARY, AB , Nov. 6, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three and nine months ended September 30, 2024. The unaudited interim financial statements and management discussion and analysis for the three and nine months ended September 30, 2024 will be available on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") at www.sedarplus.ca , on EDGAR at www.sec.gov/edgar.shtml , and on Vermilion's website at  www.vermilionenergy.com.

Vermilion Energy Inc. Announces Results for the Three and Nine Months Ended September 30, 2024

CALGARY, AB , Nov. 6, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.12 CDN per common share, payable on January 15, 2025 to all shareholders of record on December 31, 2024. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

Vermilion Energy Inc. Announces $0.12 CDN Cash Dividend for January 15, 2025 Payment Date

Vermilion (VET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Vermilion Energy (VET) Earnings Expected to Grow: Should You Buy?

CALGARY, AB , Oct. 23, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Company") (TSX: VET) (NYSE: VET) will release its 2024 third quarter operating and condensed financial results on Wednesday, November 6, 2024 after the close of North American markets. The unaudited interim financial statements and management discussion and analysis for the three and nine months ended September 30, 2024 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar.shtml, and on Vermilion's website at www.vermilionenergy.com.

Vermilion Energy Inc. Confirms Q3 2024 Release Date and Conference Call Details

Vermilion Energy is undervalued, trading at low EV/EBITDA and Price/Cash Flow ratios compared to sector peers, presenting a compelling buying opportunity. The company has a balanced production mix and diversified assets, with significant reserves ensuring long-term sustainable production. Management's effective capital allocation, including substantial debt reduction and a robust share buyback program, enhances shareholder returns.

Capital Allocation Decisions Are A Huge Tailwind At Vermilion Energy

CALGARY, AB , Sept. 10, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Company") (TSX: VET) (NYSE: VET) is pleased to provide an operational update on key projects.

Vermilion Energy Inc. Provides Operational Update

Vermilion Energy Inc. (NYSE:VET ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Dion Hatcher - President and CEO Lars Glemser - VP and CFO Conference Call Participants Operator Good morning. My name is Sylvie, and I will be your conference operator today.

Vermilion Energy Inc. (VET) Q2 2024 Earnings Call Transcript

Vermilion is a cheap Canadian oil & natural gas stock with a forward EV to EBITDA multiple of 2.5. The company has increased shareholder distributions to around 50% of free cash flow, with a dividend yield of 3.2% and buybacks. Q2 2024 results show production tracking at the upper end of guidance, with strong funds flow and decreasing net debt.

Vermilion Energy: Another Quarter Of Strong Production And Solid Cash Flows

Vermilion Energy (VET) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of $0.31. This compares to earnings of $0.57 per share a year ago.

Vermilion Energy (VET) Reports Q2 Loss, Lags Revenue Estimates

CALGARY, AB , July 31, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three and six months ended June 30, 2024. The unaudited interim financial statements and management discussion and analysis for the three and six months ended June 30, 2024 will be available on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") at www.sedarplus.ca , on EDGAR at www.sec.gov/edgar.shtml , and on Vermilion's website at www.vermilionenergy.com.

Vermilion Energy Inc. Announces Results for the Three and Six Months Ended June 30, 2024

CALGARY, AB , July 31, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.12 CDN per share, payable on October 15, 2024 to all shareholders of record on September 27, 2024. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

Vermilion Energy Inc. Announces $0.12 CDN Cash Dividend for October 15, 2024 Payment Date

Earnings Preview: Vermilion Energy (VET) Q2 Earnings Expected to Decline

Vermilion Energy is launching new projects in Mica Montney, Croatia, and Germany for production and FCF growth. In my view, the company is positioned to benefit from a potential increase in gas price in Europe due to war with Russia. The stock repurchase program is expected to reduce share count by 10% and accelerate demand for stock.

Vermilion Energy: European Gas, M&A, And Share Repurchase Could Push The Price Up

CALGARY, AB , July 8, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Company") (TSX: VET) (NYSE: VET) will release its 2024 second quarter operating and condensed financial results on Wednesday, July 31, 2024 after the close of North American markets. The unaudited interim financial statements and management discussion and analysis for the three months ended June 30, 2024 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar.shtml, and on Vermilion's website at www.vermilionenergy.com.

Vermilion Energy Inc. Confirms Q2 2024 Release Date and Conference Call Details and Announces TSX Approval for Renewal of Normal Course Issuer Bid

We had rated Vermilion Energy Inc. a Buy the last time around. The stock has been flat in the interim. Q1 2024 earnings gave investors many reasons to be optimistic, and we break down why this is now 8% of our portfolio.

Vermilion: Reversion To Historical Multiples Would Produce Phenomenal Returns

Vermilion Energy Inc. (NYSE:VET ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Robert Michaleski - Chair of the Board of Directors Yvonne Jeffery - Vice President of Sustainability Terry Hergott - Vice President of Marketing Averyl Schraven - Vice President of People and Culture Geoff MacDonald - Vice President of Geosciences Kyle Preston - Vice President of Investor Relations Dion Hatcher - President and Chief Executive Officer Conference Call Participants Robert Michaleski Good afternoon, ladies and gentlemen. I'd like to begin by welcoming you to Vermilion's Annual Meeting of Shareholders.

Vermilion Energy Inc. (VET) Q1 2024 Earnings Call Transcript

CALGARY, AB, May 2, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce the voting results from our annual meeting of shareholders held on May 1, 2024. A total of 68,572,045 common shares representing 42.64% of Vermilion's issued and outstanding common shares were voted in connection with the meeting.

Vermilion Energy Inc. Reports Voting Results of Annual General Meeting

CALGARY, AB , May 1, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three months ended March 31, 2024. The unaudited interim financial statements and management discussion and analysis for the three months ended March 31, 2024 will be available on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") at www.sedarplus.ca , on EDGAR at www.sec.gov/edgar.shtml , and on Vermilion's website at  www.vermilionenergy.com.

Vermilion Energy Inc. Announces Results for the Three Months Ended March 31, 2024

CALGARY, AB , May 1, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.12 CDN per share, payable on July 15, 2024 to all shareholders of record on June 28, 2024. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

Vermilion Energy Inc. Announces $0.12 CDN Cash Dividend for July 15, 2024 Payment Date

MIAMI & DALLAS--(BUSINESS WIRE)-- #corporatecareers--Southern Glazer's today announced that it has promoted Drew Vermilion to the role of Senior Vice President, Supply Chain Strategy & Chief of Staff.

Southern Glazer's Wine & Spirits Promotes Drew Vermilion to Senior Vice President, Supply Chain Strategy & Chief of Staff

CALGARY, AB , March 28, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) will release its 2024 first quarter operating and condensed financial results on Wednesday, May 1, 2024 after the close of North American markets. The unaudited interim financial statements and management discussion and analysis for the three months ended March 31, 2024 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar.shtml, and on Vermilion's website at www.vermilionenergy.com.

Vermilion Energy Inc. Confirms First Quarter 2024 Release Date and Filing of the Management Information Circular in Connection with the Annual General Meeting of Shareholders

News for Vermilion Energy Stock (VET)