Vermilion Energy (VET) Company Overview

CALGARY, AB , Jan. 28, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) today announced the pricing of its previously announced private offering of up to US$400 million of eight-year senior unsecured notes (the "New Notes"). The New Notes will be issued in the aggregate principal amount of US$400 million, and will have a maturity date of February 15, 2033 and a fixed coupon of 7.250% per annum, to be paid semi-annually.

Vermilion Energy is a strong buy due to its significant European gas assets and the strategic Westbrick acquisition, boosting future income and FCF. VET's diversified operations in Europe and North America, combined with a solid hedging strategy, position it well against commodity price volatility. The Westbrick acquisition will enhance VET's asset base, increasing production capacity and providing substantial cash flow, supporting future dividend increases and shareholder returns.

VET's acquisition of Westbrick Energy adds approximately 770,000 net acres to Vermilion's asset base and 50,000 boe/d in stable production.

CALGARY, AB , Dec. 23, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce it has entered into an arrangement agreement (the "Arrangement Agreement") to acquire Westbrick Energy Ltd. ("Westbrick"), a privately held oil and gas company operating in the Deep Basin, for total consideration of $1.075 billion by way of a plan of arrangement under the Business Corporations Act (Alberta) (the "Acquisition"), expected to close in Q1 2025(1).

CALGARY, AB , Dec. 19, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce its 2025 budget, an 8% dividend increase and strong Germany well test results. Highlights 2025 capital expenditure budget of $600 – $625 million includes drilling and infrastructure capital allocated across all major business units, including ongoing drilling and debottlenecking on the BC Montney asset and drilling capital allocated to European gas exploration and development in Germany, the Netherlands, and Central and Eastern Europe.

Vermilion reported a strong funds flow and free cash flow in Q3, above Q2 levels, despite a softer oil price in Q3. The European natural gas prices were very attractive in the most recent quarter, which offset the decline in oil prices. The company has continued to deleverage and has decreased the share count by 4.3% in 2024 on top of the annual dividend yield of 3.5%.

CALGARY, AB , Nov. 6, 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 nine months ended September 30, 2024. The unaudited interim financial statements and management discussion and analysis for the three and nine months ended September 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 , Nov. 6, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.12 CDN per common share, payable on January 15, 2025 to all shareholders of record on December 31, 2024. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

CALGARY, AB , Oct. 23, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Company") (TSX: VET) (NYSE: VET) will release its 2024 third quarter operating and condensed financial results on Wednesday, November 6, 2024 after the close of North American markets. The unaudited interim financial statements and management discussion and analysis for the three and nine months ended September 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.