VET Stock Recent News

VET mentions that proceeds from the asset sale are intended to strengthen the company's balance sheet and improve its financial position.

CALGARY, AB , May 23, 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 Saskatchewan and Manitoba assets (the "Assets") for cash proceeds of $415 million (the "Transaction"). Net proceeds from the Transaction will be directed towards debt repayment to accelerate deleveraging efforts and strengthen Vermilion's balance sheet.

CALGARY, AB , May 8, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce the voting results from our annual meeting of shareholders held on May 7, 2025. A total of 77,221,704 common shares representing 50.03% of Vermilion's issued and outstanding common shares were voted in connection with the meeting.

Vermilion Energy's Q1 2025 results show a production increase to 103,115 boe/d, with healthy funds flow. Despite a 48% negative stock price return over the past two years, Vermilion's diversified production mitigates exposure to lower energy prices. The recent debt-financed acquisition has increased net debt, but the company's high-margin European natural gas production and hedges provide near-term protection.

Vermilion Energy, primarily a gas company, trades like an oil company, creating a valuation disconnect with potential fair value of $12 per share. Despite producing 74% of FFO from gas, Vermilion's stock is undervalued, trading near its 52-week low, while gas peers are at highs. Vermilion's recent acquisitions and European gas focus enhance profitability, with a manageable debt level and attractive 6% dividend yield.

Vermilion Energy Inc (NYSE:VET ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Myron Stadnyk - Chairman Tamar Epstein - General Counsel & Corporate Secretary Kyle Preston - VP of Investor Relations Averyl Schraven - Vice President, People & Culture Dion Hatcher - President & Chief Executive Officer Darcy Kerwin - Vice President of International and HSE Randy McQuaig - Vice President of North America Conference Call Participants Operator Good afternoon, ladies and gentlemen. Thank you for standing by.

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.

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.shtml , and on Vermilion's website at www.vermilionenergy.com.

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).

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