Vermilion Energy(VET)

Search documents
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
Core Viewpoint - Vermilion Energy Inc. has announced a cash dividend of $0.13 CDN per common share, payable on July 15, 2025, to shareholders of record on June 30, 2025, indicating a commitment to returning capital to investors [1][2]. Group 1: Company Overview - Vermilion Energy Inc. 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 target the exploitation of light oil and liquids-rich natural gas in both conventional and unconventional resource plays in North America, as well as conventional natural gas and oil opportunities in Europe and Australia [2]. Group 2: Company 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 focuses on strategic community investment in each of its operating areas [3].
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 ...
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
Financial Data and Key Metrics Changes - Production averaged 84,543 BOEs per day, representing annual production per share growth of 4% [5] - Fund flow generated was $1.2 billion or $7.63 per share, and free cash flow was $583 million or $3.69 per share, both reflecting a 9% increase over 2023 on a per share basis [6] - Net debt decreased by 10% in 2024 to $967 million, resulting in a net debt to trailing funds flow ratio of 0.8 times, the lowest in over a decade [8] Business Line Data and Key Metrics Changes - International production increased by 12% year-over-year, driven by strong operational run times in Australia and the startup of the gas plant in Croatia [5] - North American production decreased by 5% year-over-year, primarily due to the divestment of 5,500 BOE per day in Southeast Saskatchewan [5] Market Data and Key Metrics Changes - The company announced an 8% increase to its quarterly dividend effective Q1 2025, marking the fourth consecutive increase since reinstating the dividend [8] - The after-tax net present value of PDP reserves discounted at 10% is $2.8 billion, while for 2P reserves it is $5.2 billion, translating to over $27 per share after deducting year-end net debt [11] Company Strategy and Development Direction - The company is focused on integrating the Westbrick acquisition to enhance operational scale and improve full cycle margins in the Deep Basin [24][40] - The strategy includes significant investments in growth projects in Germany, Croatia, and the BC Montney, which are expected to contribute strong free cash flow in future years [7] - The company aims to double its current European 2P gas reserves through successful development of follow-up locations identified in Germany [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the operational scale achieved, with 80% of production and 70% of capital investment directed towards the global gas portfolio [32] - The company anticipates strong demand dynamics for gas in the coming decades, particularly in Europe, where it expects to maintain pricing advantages [33] - For 2025, the company forecasts annual production between 125,000 to 130,000 BOEs per day, with capital expenditures of $730 million to $760 million [34] Other Important Information - The company successfully executed a $623 million E&D capital program within budget, focusing on new growth projects [7] - The company has launched a process to divest non-core assets to accelerate deleveraging efforts, with strong interest in these high-quality assets [30] Q&A Session Summary Question: Can you provide insight into the German gas exploration program and expected flow rates? - Management expects first production from the Osterheide well in Q2 2025, initially rate-restricted to 3-5 million cubic feet per day due to capacity constraints [47] - For the Wisselshorst well, initial tie-in is expected in early 2026, with potential to increase rates significantly through debottlenecking [49] Question: What is the status of the sales process for Saskatchewan and Wyoming assets? - The formal sales process is well-advanced, with management presentations ongoing and strong retention value for the assets [54] Question: What are the next exploration wells planned in Germany? - The company plans to drill two wells per year, with additional follow-up locations identified for future drilling [60] Question: How do the Westbrick assets compare to existing Deep Basin assets in terms of operating costs? - Westbrick assets have unit operating costs in the $650 per BOE range, compared to the company's existing assets at $750 per BOE [72] Question: What is the potential impact of U.S. tariffs on Canadian energy? - Management does not expect a material impact on cash flows due to diversification and operational scale, with over half of revenues coming from outside Canada [110] Question: Why does the stock seem impacted by oil price movements despite being a global gas company? - Management attributes this to timing issues related to recent acquisitions and ongoing developments, emphasizing the company's strong positioning in gas markets [120]
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]