Core Viewpoint - Vermilion Energy (VET) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended December 2024, with actual results potentially impacting its near-term stock price [1][3]. Earnings Expectations - The consensus estimate for Vermilion's quarterly earnings is $0.36 per share, reflecting a year-over-year decrease of 62.1%. Revenues are projected to be $358.35 million, down 6.7% from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 171.43% higher, indicating a reassessment by analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +19.44%, suggesting that analysts have recently become more optimistic about Vermilion's earnings [10][11]. Historical Performance - In the last reported quarter, Vermilion was expected to post earnings of $0.33 per share but only achieved $0.24, resulting in a surprise of -27.27%. Over the last four quarters, the company has only beaten consensus EPS estimates once [12][13]. Investment Considerations - While Vermilion is seen as a compelling earnings-beat candidate, investors are advised to consider other factors that may influence stock performance beyond just earnings results [14][16].

Core Viewpoint - Vermilion Energy Inc. has successfully closed a private offering of US$400 million in senior unsecured notes with a fixed coupon of 7.250% per annum, maturing on February 15, 2033 [1] Group 1: Offering Details - The offering consists of eight-year senior unsecured notes totaling US$400 million [1] - The notes will pay interest semi-annually starting August 15, 2025 [1] - The notes are not registered under the U.S. Securities Act and will be sold only to accredited investors in Canada and qualified institutional buyers in the U.S. [2] Group 2: Company Overview - Vermilion Energy is an international energy producer focused on creating value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia [4] - The company emphasizes free cash flow generation and returning capital to investors when economically justified, alongside value-adding acquisitions [4] - Vermilion's operations target light oil and liquids-rich natural gas resources, both conventional and unconventional, in North America, and conventional natural gas and oil opportunities in Europe and Australia [4] Group 3: Company Priorities - The company's priorities are health and safety, environmental protection, and profitability, in that order [5] - Vermilion places a strong emphasis on community investment in its operating areas [5] - The company is publicly traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET [5]

Core Viewpoint - Vermilion Energy Inc. announced a private offering of up to US$400 million in eight-year senior unsecured notes with a fixed coupon of 7.250% per annum, aimed at refinancing existing debt and funding an acquisition [1]. Group 1: Offering Details - The New Notes will have a maturity date of February 15, 2033, and will be issued in an aggregate principal amount of US$400 million [1]. - The offering is expected to close on or about February 11, 2025, subject to customary closing conditions [1]. - The net proceeds from the New Notes will be used for various purposes, including redeeming existing senior notes, funding the acquisition of Westbrick Energy Ltd., and covering transaction fees [1]. Group 2: Regulatory Information - The New Notes have not been registered under the U.S. Securities Act and will only be offered to institutional accredited investors in Canada and qualified institutional buyers in the U.S. [2]. - The offering will be made on a prospectus-exempt basis, adhering to applicable securities laws [2]. Group 3: Company Overview - Vermilion is an international energy producer focused on creating value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia [8]. - The company's business model emphasizes free cash flow generation and returning capital to investors when economically warranted, alongside value-adding acquisitions [8]. - Vermilion prioritizes health and safety, environmental protection, and profitability in its operations [9].

Core Viewpoint - Vermilion Energy Inc. plans to issue up to US$400 million in senior unsecured notes to finance various corporate activities, including the redemption of existing notes and the acquisition of Westbrick Energy Ltd [1]. Group 1: Offering Details - The company intends to issue eight-year senior unsecured notes in a private offering to qualified institutional buyers [1]. - The net proceeds from the new notes will be used for multiple purposes, including redeeming existing senior notes, funding the Westbrick acquisition, and covering transaction fees [1]. Group 2: Company Overview - Vermilion is an international energy producer focused on creating value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia [7]. - The company's business model emphasizes free cash flow generation and returning capital to investors when economically justified, supplemented by value-adding acquisitions [8]. - Vermilion prioritizes health and safety, environmental protection, and profitability in its operations [9].

CALGARY, AB, Jan. 28, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) has filed certain financial information relating to its proposed acquisition of Westbrick Energy Ltd. on its profile on SEDAR+ (www.sedarplus.ca). In addition, the Company has received commitments and consent from lenders to increase the previously announced fully underwritten term loan maturing May 2028 from $250 million to $450 million.About VermilionVermilion is an international energy pr ...

Vermilion Energy (NYSE: VET )(TSX: VET:CA ) has a significant asset base in Europe, with a large part of that being liquid natural gases. VET estimates that European gas production will be responsible for 37% of the total fund flowsMy name is Maxime and I like to write about finances and share my views on various companies and their potential as an investment opportunity. My preferred sector is industrial. I live and work in Europe and we have a very long and proud history of being an industrial superpower ...

Vermilion Energy (VET) , a Canada-based oil and gas producer, has announced the acquisition of a privately held oil and gas firm, Westbrick Energy Limited, which operates out of Alberta’s Deep Basin. The total consideration for the deal is approximately $1.075 billion. The acquisition of Westbrick Energy complements Vermilion’s overall strategy to expand its presence in the Deep Basin, where the company has been operating for almost 30 years. The deal is anticipated to be closed in the first quarter of 2025 ...

CALGARY, AB, Dec. 23, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce it has entered into an arrangement agreement (the "Arrangement Agreement") to acquire Westbrick Energy Ltd. ("Westbrick"), a privately held oil and gas company operating in the Deep Basin, for total consideration of $1.075 billion by way of a plan of arrangement under the Business Corporations Act (Alberta) (the "Acquisition"), expected to close in Q1 2025(1). Vie ...

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 de ...

Financial Data and Key Metrics Changes - Production during Q3 2024 averaged 84,173 BOEs per day, reflecting a 7% increase on a per share basis year-over-year [5][6] - Fund flows from operations reached $275 million, or $1.76 per share, representing a 19% increase over the prior quarter [6][9] - Free cash flow for the quarter was $154 million, with $59 million returned to shareholders, including $19 million in dividends and $40 million in share buybacks [9][10] - Net debt was reduced by $73 million to $833 million, resulting in a net debt trailing fund flow ratio of 0.6 times, the lowest in 15 years [11] Business Line Data and Key Metrics Changes - European gas production increased by over 40% in the last two years, with Q3 production averaging 30,237 BOEs per day [16][17] - North American operations averaged 53,936 BOEs per day in Q3, with a focus on increasing production from the Mica asset [29][35] - Production from the SA-10 block in Croatia averaged 1,855 BOEs per day, currently exceeding 2,000 BOEs per day [26] Market Data and Key Metrics Changes - The corporate realized gas price for the quarter was $6.57 per MCF, nearly 10 times higher than the AECO price of $0.69 per MCF [7][43] - European gas prices have increased over 30% year-to-date, with current prices around $17 to $18 per MCF for next year [14][65] Company Strategy and Development Direction - The company aims to grow organically in Europe, particularly in Germany, Croatia, and the Netherlands, while seeking strategic acquisitions [15][16] - The focus remains on maintaining a diversified portfolio to generate stable and higher cash flows [7][15] - The company plans to continue its share buyback program and return 50% of excess free cash to shareholders in 2024 [47][48] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about exploration success in Europe and the potential for future organic growth [44][46] - The company is well-positioned to execute its plans due to a robust asset base and strong balance sheet [48] - The outlook for European gas remains positive, with expectations of continued robust pricing and demand [66][69] Other Important Information - The company has identified over 1.7 million net acres of undeveloped land in Europe, providing a decade of drilling inventory [21] - The share buyback program has resulted in a reduction of the outstanding share count to approximately 155 million [10][37] Q&A Session Summary Question: Impact of the second exploration well in Germany - Management noted a successful discovery with a potential gas in place of over 100 BCF, indicating positive follow-up opportunities [50][51] Question: Capital allocation strategy regarding debt and share buybacks - The company maintains a 50-50 allocation policy for free cash flow between debt reduction and shareholder returns, emphasizing prudent fiscal management [55][56] Question: Production expectations from the SA-7 block in Croatia - Management anticipates a run rate of 5,000 to 8,000 BOEs per day if all wells on the SA-7 block are successful [60][61] Question: European gas market outlook and acquisition appetite - The company continues to evaluate acquisition opportunities, particularly in the Netherlands, while observing robust pricing in the European gas market [64][66] Question: Infrastructure capacity in Germany - Management confirmed existing infrastructure capacity is adequate for current operations, with potential for future upgrades as needed [71][73] Question: M&A strategy versus organic growth - The company focuses on sustainable free cash flow and considers both M&A and organic growth opportunities based on long-term value [84][87]