Executive Summary
Vermilion Energy Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and optimization of petroleum and natural gas in North America, Europe, and Australia.
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Slightly overvalued with limited growth.
Similar Companies
Share Price & News
How has Vermilion Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VET's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-5.0%
VET
-1.1%
CA Oil and Gas
0.005%
CA Market
1 Year Return
-73.6%
VET
-24.3%
CA Oil and Gas
-5.8%
CA Market
Return vs Industry: VET underperformed the Canadian Oil and Gas industry which returned -25.2% over the past year.
Return vs Market: VET underperformed the Canadian Market which returned -6.3% over the past year.
Shareholder returns
| VET | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.0% | -1.1% | 0.005% |
| 30 Day | -9.6% | 0.5% | 4.5% |
| 90 Day | -13.7% | -0.6% | 9.7% |
| 1 Year | -70.4%-73.6% | -20.3%-24.3% | -2.5%-5.8% |
| 3 Year | -82.5%-86.5% | -28.7%-37.3% | 8.5%-2.0% |
| 5 Year | -82.9%-88.3% | -27.2%-39.6% | 29.1%9.4% |
Price Volatility Vs. Market
How volatile is Vermilion Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Does Vermilion Energy (TSE:VET) Have A Healthy Balance Sheet?2 months ago | Simply Wall St
Vermilion Energy Inc. (TSE:VET) Analysts Just Slashed This Year's Estimates2 months ago | Simply Wall St
Should You Worry About Vermilion Energy Inc.'s (TSE:VET) CEO Pay Cheque?Valuation
Is Vermilion Energy undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VET (CA$5.46) is trading below our estimate of fair value (CA$39)
Significantly Below Fair Value: VET is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VET is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.
PE vs Market: VET is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VET's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VET's PB Ratio (0.8x) is in line with the CA Oil and Gas industry average.
Next Steps
Future Growth
How is Vermilion Energy forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
108.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VET is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: VET is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: VET is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: VET's revenue (7.3% per year) is forecast to grow faster than the Canadian market (5.8% per year).
High Growth Revenue: VET's revenue (7.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VET's Return on Equity is forecast to be high in 3 years time (37.5%)
Next Steps
Past Performance
How has Vermilion Energy performed over the past 5 years?
-21.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VET is currently unprofitable.
Growing Profit Margin: VET is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VET is unprofitable, and losses have increased over the past 5 years at a rate of 21.8% per year.
Accelerating Growth: Unable to compare VET's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VET is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-41.3%).
Return on Equity
High ROE: VET has a negative Return on Equity (-135.69%), as it is currently unprofitable.
Next Steps
Financial Health
How is Vermilion Energy's financial position?
Financial Position Analysis
Short Term Liabilities: VET's short term assets (CA$342.4M) do not cover its short term liabilities (CA$368.4M).
Long Term Liabilities: VET's short term assets (CA$342.4M) do not cover its long term liabilities (CA$3.0B).
Debt to Equity History and Analysis
Debt Level: VET's debt to equity ratio (204.9%) is considered high.
Reducing Debt: VET's debt to equity ratio has increased from 72.1% to 204.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VET has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VET is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27.2% per year.
Next Steps
Dividend
What is Vermilion Energy current dividend yield, its reliability and sustainability?
5.23%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VET's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VET's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VET's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VET's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: VET is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VET's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Vermilion Energy has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 4.42yrs | CA$404.50k | 1.85% CA$ 16.0m | |
| VP & CFO | 2.33yrs | CA$1.16m | 0.014% CA$ 117.1k | |
| Executive VP & COO | 4.42yrs | CA$1.56m | 0.069% CA$ 594.5k | |
| Executive Vice President of People & Culture | 5.5yrs | CA$1.18m | 0.041% CA$ 351.7k | |
| President | 0.25yr | CA$554.71k | 0.030% CA$ 255.9k | |
| Vice President of Investor Relations | 4.17yrs | no data | 0.028% CA$ 243.3k | |
| Vice President of Marketing | 8.33yrs | no data | 0.044% CA$ 382.3k | |
| Managing Director of Australia Business Unit | no data | CA$897.94k | no data | |
| Managing Director of Ireland Business Unit | 2.5yrs | no data | no data | |
| MD of United States Business Unit | 4.67yrs | no data | no data | |
| Managing Director of Central & Eastern Europe Business Unit | no data | no data | no data | |
| Managing Director of Netherlands Business Unit | 2.5yrs | no data | no data |
4.3yrs
Average Tenure
61yo
Average Age
Experienced Management: VET's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 4.42yrs | CA$404.50k | 1.85% CA$ 16.0m | |
| Independent Director | 7.67yrs | CA$358.47k | 0.018% CA$ 155.8k | |
| Independent Director | 2yrs | CA$363.02k | 0.014% CA$ 123.5k | |
| Lead Independent Director | 4.42yrs | CA$338.50k | 0.043% CA$ 369.1k | |
| Independent Director | 3.83yrs | CA$286.50k | 0.012% CA$ 99.7k | |
| Independent Director | 5.5yrs | CA$291.50k | 0.019% CA$ 166.2k | |
| Independent Director | 3.17yrs | CA$281.00k | 0.022% CA$ 190.0k | |
| Non-Executive Independent Director | 10.58yrs | CA$295.00k | 0.036% CA$ 309.2k | |
| Independent Director | 3.33yrs | CA$370.16k | 0.0060% CA$ 52.1k |
4.4yrs
Average Tenure
66yo
Average Age
Experienced Board: VET's board of directors are considered experienced (4.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Vermilion Energy Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vermilion Energy Inc.
- Ticker: VET
- Exchange: TSX
- Founded: 1994
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$864.356m
- Shares outstanding: 158.31m
- Website: https://www.vermilionenergy.com
Number of Employees
Location
- Vermilion Energy Inc.
- 520 - 3rd Avenue SW
- Suite 3500
- Calgary
- Alberta
- T2P 0R3
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VET | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Mar 1996 |
| VET | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Mar 1996 |
| CVZ | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Mar 1996 |
Biography
Vermilion Energy Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and optimization of petroleum and natural gas in North America, Europe, and Australia. It owns 7 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/04 00:18 |
| End of Day Share Price | 2020/07/31 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.