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]

Group 1 - Exxon Mobil Corporation (XOM) generates the majority of its revenues from upstream operations, with a strong presence in offshore Guyana and the Permian Basin, indicating a positive business outlook [1] - XOM has discovered nearly 11 billion barrels of oil off the coast of Guyana, marking the largest oil discovery globally in the last 15 years, with current production from three active projects at approximately 650,000 barrels per day [2][6] - By 2030, XOM expects to have eight projects in Guyana producing a combined total of 1.7 million barrels of oil equivalent per day (MMBoE/D) [2][6] Group 2 - In the Permian Basin, XOM is utilizing advanced technology to enhance oil recovery, projecting production to increase from 1.6 MMBoE/D to 2.3 MMBoE/D by the end of the decade [3] - Chevron (CVX) and Diamondback Energy, Inc. (FANG) also have significant operations in the Permian, with CVX holding over 2 million net acres and FANG being a pure-play operator with a strong production outlook [4] Group 3 - XOM shares have declined by 7.7% over the past year, contrasting with a 1.4% rise in the industry [5][6] - The company trades at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 6.89X, which is above the industry average of 4.30X [7] - The Zacks Consensus Estimate for XOM's 2025 earnings has been revised upward in the past week [9]