VET Stock Recent News
VET LATEST HEADLINES
Vermilion Energy is undervalued, trading at low EV/EBITDA and Price/Cash Flow ratios compared to sector peers, presenting a compelling buying opportunity. The company has a balanced production mix and diversified assets, with significant reserves ensuring long-term sustainable production. Management's effective capital allocation, including substantial debt reduction and a robust share buyback program, enhances shareholder returns.
Vermilion Energy Inc. (NYSE:VET ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Dion Hatcher - President and CEO Lars Glemser - VP and CFO Conference Call Participants Operator Good morning. My name is Sylvie, and I will be your conference operator today.
Vermilion is a cheap Canadian oil & natural gas stock with a forward EV to EBITDA multiple of 2.5. The company has increased shareholder distributions to around 50% of free cash flow, with a dividend yield of 3.2% and buybacks. Q2 2024 results show production tracking at the upper end of guidance, with strong funds flow and decreasing net debt.
Vermilion Energy (VET) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of $0.31. This compares to earnings of $0.57 per share a year ago.
CALGARY, AB , July 31, 2024 /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 and six months ended June 30, 2024. The unaudited interim financial statements and management discussion and analysis for the three and six months ended June 30, 2024 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 , July 31, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.12 CDN per share, payable on October 15, 2024 to all shareholders of record on September 27, 2024. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).
Vermilion (VET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Vermilion Energy is launching new projects in Mica Montney, Croatia, and Germany for production and FCF growth. In my view, the company is positioned to benefit from a potential increase in gas price in Europe due to war with Russia. The stock repurchase program is expected to reduce share count by 10% and accelerate demand for stock.
CALGARY, AB , July 8, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Company") (TSX: VET) (NYSE: VET) will release its 2024 second quarter operating and condensed financial results on Wednesday, July 31, 2024 after the close of North American markets. The unaudited interim financial statements and management discussion and analysis for the three months ended June 30, 2024 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar.shtml, and on Vermilion's website at www.vermilionenergy.com.
VeChain (VET) is poised for significant upward momentum, attracting analysts’ and investors’ attention. Despite encountering obstacles in surpassing resistance levels and maintaining a gradual pace, VET exhibits promising potential for rapid growth over the long-term. Having recently rebounded from a critical support level, VET displays renewed strength. In the past week, it has showcased resilience with a 4% increase, indicating its capacity to recover from setbacks. At the time of writing, the price of VeChain sits at $ 0.034686, with a 24-hour trading volume of $ 49.54M and a market cap of $ 2.52B. Despite a slight 1.61% decrease in the last 24 hours, VET continues to hold promise for future growth. Analyst Predicts VeChain to Surge 500% Cryptocurrency analyst Crypto EA has brought attention to VeChain’s recent behavior concerning its lower Bollinger Bands (BB). In the past, when VET touched these bands, its price surged significantly, jumping from $0.013 to $0.055. Presently,