Vermilion Energy(VET)

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Vermilion (VET) Upgraded to Buy: Here's Why
ZACKS· 2025-04-15 17:00
Vermilion Energy (VET) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earning ...
Are Investors Undervaluing Vermilion Energy (VET) Right Now?
ZACKS· 2025-04-15 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they bel ...
Vermilion (VET) Stock Jumps 21.2%: Will It Continue to Soar?
ZACKS· 2025-04-10 13:45
Vermilion Energy (VET) shares rallied 21.2% in the last trading session to close at $6.58. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 29.9% loss over the past four weeks.Vermilion Energy is a Canadian-based oil and gas exploration and production company with operations in North America, Europe, and Australia. The company benefited from a stock price increase as part of the broader energy sector boost tri ...
Vermilion Energy(VET) - 2024 Q4 - Earnings Call Transcript
2025-03-06 19:53
Vermilion Energy Inc. (NYSE:VET) Q4 2024 Earnings Conference Call March 6, 2024 11:00 AM ET Company Participants Dion Hatcher - President and CEO Lars Glemser - VP and CFO Darcy Kerwin - VP, International & HSE Randy McQuaig - VP North America, Kyle Preston - VP, IR Conference Call Participants Justin Ho - RBC Capital Markets Amir Arif - ATB Capital Travis Wood - National Bank Financial Operator Good morning. My name is Constantine and I will be your conference operator today. At this time, I would like to ...
Vermilion Energy(VET) - 2024 Q4 - Earnings Call Presentation
2025-03-06 19:16
2 2 • Production exceeded the mid-point of initial guidance • Generated $1.2 Billion of FFO ($7.63/share) and $583MM of FCF ($3.69/share) o Second strongest year on record • Invested $623MM of E&D capex, within budget o Included significant investment in future FCF generating projects in Germany, Croatia, and BC Montney • Returned ~10% of market capitalization to shareholders via dividends and share buybacks o Reduced share count by 5% in 2024 o Announced fourth consecutive dividend increase 2024 RESERVES - ...
Vermilion Energy: The Extremely Negative Sentiment Provides A Great Buying Opportunity
Seeking Alpha· 2025-03-06 11:55
Group 1 - Vermilion Energy is a Canadian oil and natural gas producer with significant production from Europe and Australia, expecting up to 50% of funds flow from international assets due to superior margins [1] Group 2 - The investment strategy focuses on turnarounds in natural resource industries with a typical holding period of 2-3 years, emphasizing value for downside protection and upside participation [2] - The portfolio has achieved a compounded annual growth rate of 26% over the last 6 years [2]
Vermilion Energy (VET) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2025-03-06 00:15
Core Viewpoint - Vermilion Energy reported a quarterly loss of $0.09 per share, significantly missing the Zacks Consensus Estimate of $0.36, and down from earnings of $0.95 per share a year ago, indicating a -125% earnings surprise [1] Financial Performance - The company posted revenues of $360.48 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.60%, but down from $384.17 million year-over-year [2] - Over the last four quarters, Vermilion has not surpassed consensus EPS estimates and has topped consensus revenue estimates only once [2] Stock Performance - Vermilion shares have declined approximately 18.2% since the beginning of the year, contrasting with the S&P 500's decline of -1.8% [3] - The current consensus EPS estimate for the upcoming quarter is $0.38 on revenues of $433.37 million, and for the current fiscal year, it is $0.55 on revenues of $1.81 billion [7] Industry Outlook - The Oil and Gas - Exploration and Production - International industry is currently ranked in the bottom 31% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Vermilion's stock performance [5][6]
Vermilion Energy(VET) - 2024 Q4 - Annual Report
2025-03-05 22:20
FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 Under the Securities Exchange Act of 1934 For the month of March 2025 Commission File Number: 001-35829 Vermilion Energy Inc. (Exact name of registrant as specified in its charter) 3500, 520 – 3 Avenue S.W., Calgary, Alberta T2P 0R3 (Address of principal executive offices) Form 20-F ☐ Form 40-F ☒ Exhibit Exhibit Description 99.1 News Release dated March 5, 2025 ...
Vermilion Energy Inc. Announces Results for the Year Ended December 31, 2024 and Significant European Gas Discovery
Prnewswire· 2025-03-05 22:01
Core Viewpoint - Vermilion Energy Inc. reported strong operational and financial results for the year ended December 31, 2024, with significant increases in fund flows from operations and free cash flow, alongside successful exploration activities in Europe and strategic acquisitions in North America [21][25][39]. Financial Performance - Petroleum and natural gas sales for Q4 2024 were $504.4 million, compared to $490.1 million in Q3 2024 and $523.0 million in Q4 2023, totaling $1.98 billion for the year [6][7]. - Fund flows from operations (FFO) reached $1.206 billion, or $7.63 per basic share, representing a 6% increase over the prior year [7][21]. - Free cash flow (FCF) was $583 million, marking a 9% increase on a per basic share basis relative to 2023 [7][21]. - The net loss for the year was $47 million, a significant improvement from a net loss of $238 million in the prior year [7][8]. - Net debt decreased by over $110 million to $967 million, with a net debt to trailing FFO ratio of 0.8 times [7][21]. Production and Reserves - Average production for 2024 was 84,543 boe/d, with a production mix of 54% natural gas and 46% crude oil and liquids [7][21]. - Year-end proved developed producing (PDP) reserves were 168 mmboe, while total proved plus probable (2P) reserves were 435 mmboe, reflecting a reserve life index of 5.4 years and 14.1 years, respectively [7][35]. - The after-tax net present value of PDP reserves is estimated at $2.8 billion, and for 2P reserves, it is $5.2 billion, or $27.62 per basic share after deducting year-end net debt [7][35]. Exploration and Development - Vermilion executed its largest exploration drilling campaign in Europe in 2024, achieving 100% success on six exploration wells, notably in Germany [22][23]. - The Wisselshorst well tested at a restricted rate of 21 mmcf/d, with an estimated recoverable natural gas of 68 Bcf, marking Vermilion's largest discovery in Europe in the past decade [22][23][31]. - In Canada, the company expanded its Montney asset, nearly doubling production capacity to approximately 14,000 boe/d, with plans for further expansion [24][25]. Strategic Initiatives - The acquisition of Westbrick Energy Ltd. added approximately 50,000 boe/d of liquids-rich natural gas production, enhancing Vermilion's operational scale and inventory quality [25][39]. - The company launched a formal sales process for its southeast Saskatchewan and Wyoming assets, aiming to maximize shareholder value and accelerate deleveraging efforts [26][39]. - Vermilion's 2025 capital budget and production guidance have been revised to incorporate the Westbrick acquisition, with expected production ranging between 125,000 to 130,000 boe/d [7][39].
Vermilion Energy Inc. Announces $0.13 CDN Cash Dividend for April 15, 2025 Payment Date
Prnewswire· 2025-03-05 22:00
Core Viewpoint - Vermilion Energy Inc. has announced a cash dividend of $0.13 CDN per common share, payable on April 15, 2025, to shareholders of record on March 31, 2025 [1] Company Overview - Vermilion is a global gas producer focused on creating value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia [2] - The company's business model emphasizes free cash flow generation and returning capital to investors when economically warranted, supplemented by value-adding acquisitions [2] - Vermilion's operations focus on exploiting light oil and liquids-rich natural gas resources in North America, as well as exploring and developing conventional natural gas and oil opportunities in Europe and Australia [2] Corporate Priorities - The company's priorities are health and safety, environmental protection, and profitability, in that order [3] - Vermilion places a strong emphasis on the safety of the public and its workforce, as well as the protection of natural surroundings [3] - The company also emphasizes strategic community investment in each of its operating areas [3]