Vermilion Energy Inc. Confirms Q4 2025 Release Date and Conference Call Details [Accessibility Statement] Skip NavigationCALGARY, AB, Feb. 25, 2026 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Company") (TSX: VET) (NYSE: VET) will release its 2025 fourth quarter and year-end operating and financial results on Wednesday, March 4, 2026, after the close of North American markets. The audited financial statements, management discussion and analysis, and annual information form for the ...

Company Overview - Vermilion Energy is a diversified energy producer with a global footprint, leveraging a broad portfolio of oil and gas assets to drive revenue [6] - The company operates an integrated exploration and production model, generating revenue from the extraction and sale of hydrocarbons across developed and undeveloped acreage [9] - As of February 13, 2026, Vermilion Energy reported a revenue of $2.3 billion and a net income of -$234.3 million, with a dividend yield of 3.81% [4] Recent Transactions - On February 13, 2026, LM Asset Management disclosed the purchase of 830,600 shares of Vermilion Energy, amounting to an estimated $6.86 million based on quarterly average pricing [1][2] - The value of Vermilion Energy's stake in LM Asset Management increased by $8.46 million over the quarter, reflecting both additional share purchases and price appreciation [2] Financial Performance - Vermilion Energy posted third-quarter fund flows from operations of $254 million and free cash flow of $108 million, while cutting capital guidance and lowering operating cost expectations [10] - Net debt has fallen to $1.38 billion, bringing leverage to 1.4 times trailing fund flows, and management outlined a 4% dividend increase for early 2026 [10] Market Position - Vermilion Energy commands roughly a quarter of LM Asset Management's reported assets, indicating a high-conviction call on commodity discipline, capital returns, and balance sheet repair [7][8] - As of February 13, 2026, Vermilion Energy shares were priced at $10.03, reflecting a 14.9% increase over the past year, with a one-year alpha of 3.10 percentage points versus the S&P 500 [8]

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Core Insights - AEGIS Financial Corp increased its stake in Vermilion Energy by purchasing 350,000 shares, raising its total holdings to 870,492 shares valued at approximately $6.80 million as of the end of Q3 2025 [2][7][8] - The total U.S. equity positions of AEGIS Financial Corp amounted to $261.32 million across 26 holdings at the quarter's close [2] - Vermilion Energy's stock price was $9.08 as of November 11, 2025, reflecting a 2.05% decline over the past year, underperforming the S&P 500 by 17.91 percentage points [8] Company Overview - Vermilion Energy Inc. is a Calgary-based energy producer focused on upstream oil and gas operations, with a diversified asset base across North America, Europe, and Australia [6][11] - The company reported a total revenue of $1.48 billion for the trailing twelve months (TTM) and has a market capitalization of $1.40 billion [4] - The dividend yield for Vermilion Energy was 4.02% at the end of Q3 2025, indicating a stable income potential for investors [4][12] Investment Context - AEGIS Financial Corp's increased investment in Vermilion Energy represents 2.6% of its total assets under management (AUM), indicating a strategic belief in the company's growth potential [7][8] - The acquisition of additional shares has moved Vermilion Energy from the lower 50% of AEGIS's investments to the upper half, suggesting increased confidence in the company's trajectory and leadership [10] - Vermilion Energy has shown resilience in volatile commodity markets, positioning itself to capitalize on energy demand across various geographies [6]

Core Viewpoint - Vermilion Energy Inc. has sold 26 million common shares of Coelacanth Energy Inc. for $19.76 million, reducing its ownership from approximately 15.0% to 10.2% of Coelacanth's outstanding shares, as part of its strategy to reduce debt and enhance business resiliency [1][2][3]. Group 1: Share Transactions - On December 17, 2025, Vermilion sold 26,000,000 common shares of Coelacanth at a price of $0.76 per share, totaling $19,760,000 [1]. - Prior to the sale, Vermilion held 80,179,104 common shares, representing about 15.0% of Coelacanth's issued shares [2]. - After the transaction, Vermilion's holdings decreased to 54,179,104 common shares, which is approximately 10.2% of the total [2]. Group 2: Strategic Intent - The sale of common shares aligns with Vermilion's priority of reducing debt to improve business resilience [3]. - The company will continue to assess its investment in Coelacanth and may adjust its holdings based on market and economic conditions [3]. - Following the sale, Vermilion is restricted from selling more than 4,000,000 common shares without Coelacanth's consent [3]. Group 3: Company Overview - Vermilion is a global gas producer focused on acquiring, exploring, and developing liquids-rich natural gas in Canada and conventional natural gas in Europe [5]. - The company aims to optimize low-decline oil assets to generate significant free cash flow [5]. - Vermilion prioritizes health and safety, environmental protection, and profitability in its operations [6].

Core Insights - Vermilion Energy is positioning itself as a global gas producer with a focus on investing in its gas assets over the next five years, allocating approximately 85% of its capital expenditure to key regions including the Deep Basin, Montney, and onshore European Gas assets, particularly in Germany [3] Group 1: Corporate Overview - The company aims to highlight the depth, quality, and duration of its growth assets in Europe and Canada during the Investor Day presentation [1] - Portfolio management and near-term outlook will be discussed, along with the capital allocation principles guiding decision-making [2] Group 2: Financial Strategy - Vermilion Energy defines excess free cash flow (EFCF) as fund flows less capital expenditures and abandonment and lease obligations, indicating a focus on cash generation [4]

Summary of Vermilion Energy 2025 Investor Day Company Overview - **Company**: Vermilion Energy (NYSE: VET) - **Event**: 2025 Investor Day held on December 10, 2025 - **Focus**: Global gas production, particularly in Europe and Canada Key Industry Insights - **Strategic Focus**: Vermilion is prioritizing investments in global gas assets, with 85% of capital expenditures directed towards Deep Basin, Montney, and onshore European gas assets, especially in Germany [3][5][14] - **Excess Free Cash Flow (EFCF)**: The company projects to generate CAD 1.7 billion in EFCF over the next five years, equating to approximately 90% of its current market cap [5][14] - **Production Growth**: Expected production growth from 120,000 to 130,000 BOE per day, with a significant increase in EFCF starting in 2028 [14][41] Financial Performance - **EFCF Definition**: EFCF is defined as fund flows minus capital expenditures and abandonment and lease obligations [3] - **Dividend Policy**: The company has increased its dividend for five consecutive years, with a current payout ratio below 10% of fund flows [9][16] - **Share Buybacks**: Over 20 million shares have been repurchased in the last three years, with plans for further buybacks based on EFCF growth [8][16] Operational Highlights - **Germany Operations**: Significant discoveries in Germany, including a recent well campaign that added substantial reserves, with plans to double production by 2030 [7][25][41] - **Deep Basin and Montney Assets**: The Deep Basin has over 1.1 million acres with multiple liquid-rich opportunities, while Montney is expected to reach a production target of 28,000 barrels per day by 2028 [8][51] - **Cost Efficiency**: The company has improved its capital efficiency, with a 30% reduction in capital intensity and a focus on operational excellence [12][54] Market Positioning - **Gas Pricing**: Vermilion's global gas portfolio is positioned to benefit from top decile realized natural gas prices, with a significant portion of production in Europe [4][10] - **LNG Exposure**: The company avoids the risks associated with long-term LNG contracts by selling gas directly to the grid at premium prices [10][39] - **Future Outlook**: The company anticipates a structural increase in EFCF starting in 2028, driven by strategic investments and operational improvements [16][17] Strategic Initiatives - **Portfolio Management**: Vermilion is focused on high-quality assets and has streamlined its portfolio to enhance profitability and reduce capital exposure risks [56][58] - **Acquisition Strategy**: The company is open to pursuing acquisitions that align with its strategic goals and enhance its asset base [59][60] - **Long-term Growth**: The company has identified over 10 years of development prospects in Europe, with significant potential for reserve replacement and growth [34][36] Conclusion - **Investment Thesis**: Vermilion Energy is well-positioned for future growth with a strong focus on gas production in Europe and Canada, a disciplined approach to capital allocation, and a commitment to returning value to shareholders through dividends and share buybacks [5][16][41]

Business Strategy and Portfolio Repositioning - Vermilion Energy is focused on growing excess free cash flow (EFCF) by allocating capital to global gas assets, with approximately 85% of the 2026-2030 exploration & development (E&D) capital expenditures planned for these assets[6] - The company is repositioning its portfolio towards global gas assets, expecting a greater than 40% increase in production (mboe/d) and a greater than 30% decrease in cost structure and capex/flowing boe from 2024 to 2026e[44] - Vermilion aims to increase production per share by approximately 40% over five years, driven by an 8-10% annual production per share growth rate[50] Asset Performance and Outlook - The company anticipates cumulative EFCF of approximately $1.7 billion over the next five years, with annual capital expenditures between $600-630 million[50] - Vermilion's European gas assets are expected to grow organically by approximately 5,000 boe/d from 2026 to 2030, offsetting a decline of approximately 2,000 boe/d in Ireland[124] - The Montney asset is projected to reach a target production rate of 28,000 boe/d in 2028, transitioning to EFCF generation with approximately 8 wells per year to maintain production[156, 158] Financial Position and Capital Allocation - Vermilion plans a quarterly dividend of $0.135/share in 2026[8] - The company is committed to reducing net debt to FFO ratio to less than 10x, allocating 60% of EFCF to debt repayment[233, 239] - Vermilion has $11 billion of undrawn credit capacity on its revolving credit facility[205]