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.

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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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With oil prices on a tear, the Zacks Oil and Gas - International E&P operators like VET, TUWOY and ENQUF are expected to participate in this explosive rally during the coming months.

3 International Upstream Stocks That Are Ripe for Picking

CALGARY, AB , June 1, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce the appointment of Mr. Myron Stadnyk to our Board of Directors.

Vermilion Energy Inc. Announces Appointment of a New Board Member

CALGARY, AB , May 31, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that we have closed the acquisition of Leucrotta Exploration Inc. ("Leucrotta") pursuant to the terms of the previously announced arrangement agreement (the "Arrangement" or the "Leucrotta Acquisition") dated March 28, 2022, as amended, among Vermilion, Leucrotta and Coelacanth Energy Inc. ("Coelacanth"). The primary asset acquired pursuant to the Leucrotta Acquisition is the Mica property, comprised of 81,000 gross (77,000 net) contiguous acres of Montney mineral rights in the Peace River Arch straddling the Alberta and British Columbia borders.

Vermilion Energy Inc. Announces Closing of the Acquisition of Leucrotta Exploration Inc.

Vermilion (VET) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Growth Investors Will Love Vermilion (VET)

The mean of analysts' price targets for Vermilion (VET) points to a 31.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Vermilion (VET) Could Rally 32%: Here's is How to Trade

CALGARY, AB , May 11, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.06 CDN per share payable on July 15, 2022 to all shareholders of record on June 30, 2022. The ex-dividend date for this payment is June 29, 2022.

Vermilion Energy Announces Quarterly Dividend

CALGARY, AB , May 11, 2022 /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, 2022. The unaudited interim financial statements and management discussion and analysis for the three months ended March 31, 2022 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, 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, 2022

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A favorable commodity pricing scenario is likely to have aided Vermilion Energy's (VET) earnings in Q1.

Vermilion Energy (VET) to Report Q1 Earnings: What's in Store?

Vermilion Energy Inc. is an oil and gas developer and producer that holds a presence in various markets across the globe. Vermilion had shown a staggering earnings growth which was driven primarily as a result of an increase in the global prices of crude oil and gasoline.

Vermilion Energy Is A Stock You Can't Go Wrong With

Vermilion is a Canadian based E&P trading at a mere 4x cash flow. The company operates North American and European oil and gas assets, that is assets in safe, stable jurisdictions.

Vermilion Energy: High Quality Inflation Hedge Trading At 4x Earnings

CALGARY, AB , April 26, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) announces the closing of our previously announced private offering (the "Offering") of US$400 million aggregate principal amount of 8-year senior unsecured notes (the "New Notes"), which were priced at 99.241% of par. The New Notes mature on May 1, 2030 and have a fixed coupon of 6.875% per annum, paid semi-annually on May 1 and November 1, commencing November 1, 2022.

Vermilion Energy Inc. Announces the Closing of Its Senior Unsecured Notes Offering

CALGARY, AB , April 19, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET), (NYSE: VET) today announced the pricing of its previously announced private offering of up to US$400 million of 8 year senior unsecured notes (the "New Notes"). The New Notes will be issued in the aggregate principal amount of US$400 million, and will have a maturity date of May 1, 2030 and a fixed coupon of 6.875% per annum, to be paid semi-annually.

Vermilion Energy Inc. Announces the Pricing of Its Unsecured Notes Offering

CALGARY, AB , April 19, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to provide a financial and operational update for Q1 2022. Q1 2022 Highlights Production of approximately 86,200 boe/d exceeded the upper end of our initial 2022 guidance of 83,000 – 85,000 boe/d Strong commodity prices during the quarter, including premium European gas, resulted in an estimated operating netback(1) of $59.72/boe, including the impact from hedging Fund flows from operations(2) are estimated to be $380 to $390 million (cash flows from operating activities estimated to be $330 to $340 million), including the impact from hedging Estimated exploration and development ("E&D") capital expenditures(3) of $85 million (cash flow used in investing activities totaled $110 million), resulting in approximately $295 to $305 million of free cash flow ("FCF")(4) We successfully executed our Q1 2022 drilling program in Canada and Germany and recently commenced drilling in the United States while we continue final preparations for the Q2 2022 Australia drilling program Net debt(5) decreased $280 million from year-end 2021 to $1.365 billion (long-term debt of $1.381 billion) at the end of Q1 2022, reflecting a net debt to trailing FFO ratio of approximately 1.2 times(5) We have received capital commitments from our banking syndicate to support an extension of our covenant-based credit facility to May 2026 at our targeted capacity level of $1.6 billion (reduced from current $2.1 billion) On March 28, 2022 we announced the acquisition of Leucrotta Exploration Inc. and upwardly revised 2022 annual production guidance to 86,000 – 88,000 boe/d while increasing the E&D capital budget to $500 million (both figures exclude the impact from the Corrib acquisition which is expected to close the second half of 2022).

Vermilion Energy Inc. Announces Q1 2022 Financial and Operational Update

CALGARY, AB , April 19, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) announces its intention to issue up to US$400 million aggregate principal amount of 8 year senior unsecured notes (the "New Notes") in a private offering to qualified institutional buyers (the "Offering"), subject to market and other conditions. The company intends to use the net proceeds from the New Notes to reduce the amount outstanding on our credit facility.

Vermilion Energy Inc. Announces Proposed Issuance of US$400 Million Senior Unsecured Notes

CALGARY, AB , April 8, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) will release its 2022 first quarter operating and condensed financial results on Wednesday, May 11, 2022 after the close of North American markets. The unaudited interim financial statements and management discussion and analysis for the three months ended March 31, 2022 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at www.sec.gov/edgar.shtml, and on Vermilion's website at www.vermilionenergy.com.

Vermilion Energy Inc. Confirms First Quarter 2022 Release Date and Filing of the Management Information Circular in Connection with the Annual General Meeting of Shareholders

Free cash flow (FCF) yield FY 23e at 55% on March strip prices.

Vermilion Energy: Still A Buy At CAD$26 - Offering Attractive Shareholder Returns

Vermilion Energy is an oil and natural gas explorer and production (E&P) company.

Vermilion Energy Stock: Oil And Gas Play, Priced At 2x Free Cash Flow

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Calgary, Alberta--(Newsfile Corp. - March 28, 2022) -  Leucrotta Exploration Inc. (TSXV: LXE) ("Leucrotta" or the "Company") is pleased to announce that it has entered into an arrangement agreement (the "Agreement") pursuant to which Vermilion Energy Inc. ("Vermilion") will acquire all of the issued and outstanding securities of Leucrotta ("Leucrotta Shares") for an aggregate consideration of approximately $500 million, excluding value assigned to the newly formed Montney company ("ExploreCo"). The transaction will be accomplished by...

Leucrotta Exploration Inc. Announces Strategic Transaction with Vermilion Energy Inc. and Creation of a New Pure-Play Montney Company

CALGARY, AB, March 28, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that we have entered into an arrangement agreement to acquire Leucrotta Exploration Inc. ("Leucrotta") for a net cash purchase price of $477 million (the "Arrangement" or the "Leucrotta acquisition"). Leucrotta is a Canadian publicly listed Montney-focused oil and natural gas exploration and development company with lands located in the Mica area of Northeast British Columbia and Northwest Alberta.

Vermilion Energy Inc. Announces Strategic Acquisition of Multi-Decade Free Cash Flow Generating Montney Assets

Here is how Vermilion Energy (VET) and Falcon Minerals (FLMN) have performed compared to their sector so far this year.

Is Vermilion Energy (VET) Stock Outpacing Its Oils-Energy Peers This Year?

Vermilion (VET) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Vermilion (VET) Run Higher on Rising Earnings Estimates?

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Does Vermilion Energy (VET) have what it takes to be a top stock pick for momentum investors? Let's find out.

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