Vermilion Energy(VET)

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Vermilion Energy Inc. Announces Agreement to Sell United States Assets and Provides Updated 2025 Guidance
Prnewswire· 2025-06-05 10:30
CALGARY, AB, June 5, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that it has entered into a definitive agreement for the sale of its United States assets (the "Assets") for cash proceeds of $120 million (the "Transaction"). View PDF Vermilion Energy Inc. Announces Agreement to Sell United States Assets and Provides Updated 2025 Guidance (CNW Group/Vermilion Energy Inc.) Net proceeds from the Transaction will be directed towards ...
Vermilion Energy to Sell Saskatchewan & Manitoba Assets for $415M
ZACKS· 2025-05-28 19:11
Core Viewpoint - Vermilion Energy Inc. has announced the divestment of its Saskatchewan and Manitoba assets for $415 million in cash, aiming to strengthen its balance sheet and improve financial position through debt repayment and deleveraging processes [1] Asset Overview: Production, Reserves and Liabilities - The divested assets produce approximately 10,500 barrels of oil equivalent per day (boe/d) and are expected to yield about $110 million of annual net operating income at current strip commodity prices [2] - The assets include Proved Developed Producing reserves of approximately 30 million boe and have undiscounted future abandonment liabilities worth $250 million [3] Revised 2025 Outlook - Following the asset sale, Vermilion expects its full-year average daily production to be in the range of 120,000-125,000 boe, with capital expenditures projected between $680 million and $710 million, reflecting a $50 million reduction due to the divestment [4] - The company plans to focus on increasing free cash flow rather than growing production in 2025 and 2026, amid extreme volatility in the energy market [4]
Vermilion Energy Inc. Advances Strategic Portfolio Repositioning with Agreement to Sell its Saskatchewan Assets and Accelerate Debt Repayment
Prnewswire· 2025-05-23 10:30
Core Viewpoint - Vermilion Energy Inc. has entered into a definitive agreement to sell its Saskatchewan and Manitoba assets for cash proceeds of $415 million, aimed at debt repayment and strengthening its balance sheet [1][2]. Financial Summary - The net proceeds from the transaction will be used for debt repayment, with an expected net debt of $1.5 billion by the end of 2025, resulting in a trailing net debt to FFO ratio of 1.4 times [2][7]. - The assets being sold currently produce approximately 10,500 boe/d, with 86% being oil and liquids, and are forecasted to generate about $110 million in annual net operating income at current commodity prices [3][4]. - The transaction is expected to close in Q3 2025, subject to regulatory approvals [3]. Production and Capital Expenditure - Assuming a mid-Q3 2025 close, Vermilion anticipates full-year 2025 production to average between 120,000 to 125,000 boe/d, with capital expenditures projected between $680 to $710 million, reflecting a reduction of approximately $50 million due to the divested assets [4][5]. - The company will prioritize free cash flow over production growth during 2025 and 2026 amid increased market volatility [4]. Strategic Direction - The transaction is part of Vermilion's strategic plan to enhance its asset portfolio, focusing on long-duration, scalable assets with high return on capital opportunities [5]. - The company aims to strengthen its balance sheet and provide more capital allocation flexibility for its core Canadian and European assets [5][8]. Operational Insights - Vermilion emphasizes health and safety, environmental protection, and profitability as its top priorities [10]. - The company operates in North America, Europe, and Australia, focusing on the exploitation of light oil and liquids-rich natural gas [9].
Vermilion Energy(VET) - 2025 Q1 - Quarterly Report
2025-05-08 14:38
Exhibit 99.1 Disclaimer Certain statements included or incorporated by reference in this document may constitute forward-looking statements or information under applicable securities legislation. Such forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", or similar words suggesting future outcomes or statements regarding an outlook. Forward-looking statements or information in this document may in ...
Vermilion Energy: Gas Company Trading Like An Oil One--Seize The Opportunity
Seeking Alpha· 2025-05-08 10:22
Vermilion Energy (NYSE: VET ) is a gas company that trades like an oil company. Gas companies are trading near their 52-week highs while Vermilion is close to its 52-week low even though two thirds of its FFO comesWith a professional background spanning multiple industries, from logistics, construction to retail, I bring a diverse perspective to investing. Originally from Central America, I pursued my graduate studies there before studying a master’s degree in Spain, where I now reside. My international edu ...
Vermilion Energy (VET) Lags Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 00:45
Vermilion Energy (VET) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -58.82%. A quarter ago, it was expected that this oil and natural gas explorer would post earnings of $0.36 per share when it actually produced a loss of $0.09, delivering a surprise of -125%.Over the last four qua ...
Vermilion Energy Inc. Announces Results for the Three Months Ended March 31, 2025
Prnewswire· 2025-05-07 20:06
CALGARY, AB, May 7, 2025 /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, 2025.The unaudited interim financial statements and management discussion and analysis for the three months ended March 31, 2025 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.sh ...
Vermilion Energy Inc. Announces $0.13 CDN Cash Dividend for July 15, 2025 Payment Date
Prnewswire· 2025-05-07 20:05
CALGARY, AB, May 7, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.13 CDN per common share, payable on July 15, 2025 to all shareholders of record on June 30, 2025. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).About Vermilion View PDF Vermilion Energy Inc. Announces $0.13 CDN Cash Dividend for July 15, 2025 Payment Date (CNW Group/Vermilion Energy Inc.) Vermilion is a global gas produc ...
Should Value Investors Buy Vermilion Energy (VET) Stock?
ZACKS· 2025-05-01 14:46
Core Viewpoint - Vermilion Energy (VET) is identified as a strong value stock, currently holding a Zacks Rank of 2 (Buy) and an A grade for Value, indicating its attractiveness to value investors [2]. Valuation Metrics - VET has a Price-to-Book (P/B) ratio of 0.48, which is significantly lower than the industry average of 0.81, suggesting it may be undervalued [3]. - The P/B ratio for VET has fluctuated between a high of 0.91 and a low of 0.41 over the past 12 months, with a median of 0.74 [3]. - The Price-to-Sales (P/S) ratio for VET stands at 0.64, which is also below the industry average of 0.68, reinforcing the notion of undervaluation [4]. Investment Outlook - The combination of VET's attractive valuation metrics and a strong earnings outlook positions it as a compelling investment opportunity for value investors [5].
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 ...