Reported Earnings • Jul 30
Second quarter 2026 earnings released: EPS: CA$0.88 (vs CA$0.48 in 2Q 2025) Second quarter 2026 results: EPS: CA$0.88 (up from CA$0.48 in 2Q 2025). Revenue: CA$518.9m (up 25% from 2Q 2025). Net income: CA$134.6m (up 81% from 2Q 2025). Profit margin: 26% (up from 18% in 2Q 2025). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Jul 30
Vermilion Energy Inc. Declares Quarterly Cash Dividend, Payable on September 29, 2026 Vermilion Energy Inc. declared a quarterly cash dividend of $0.135 per common share, payable on September 29, 2026, to shareholders of record on September 15, 2026. Upcoming Dividend • Jun 08
Upcoming dividend of CA$0.14 per share Eligible shareholders must have bought the stock before 15 June 2026. Payment date: 30 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.5%). Announcement • Apr 08
Vermilion Energy Inc. to Report Q1, 2026 Results on May 06, 2026 Vermilion Energy Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 06, 2026 Announcement • Feb 26
Vermilion Energy Inc. to Report Q4, 2025 Results on Mar 04, 2026 Vermilion Energy Inc. announced that they will report Q4, 2025 results After-Market on Mar 04, 2026 Announcement • Feb 24
Vermilion Energy Inc., Annual General Meeting, May 06, 2026 Vermilion Energy Inc., Annual General Meeting, May 06, 2026. Announcement • Dec 09
A group of undisclosed buyers acquired 5.70% stake in Coelacanth Energy Inc. (TSXV:CEI) from Vermilion Energy Inc. (TSX:VET) for $22.8 million. A group of undisclosed buyers acquired 5.70% stake in Coelacanth Energy Inc. (TSXV:CEI) from Vermilion Energy Inc. (TSX:VET) for CAD 22.8 million on December 8, 2025. A cash consideration valued at CAD 0.76 per share will be paid by the buyer. Upon completion of the transaction Vermilion has ownership, control and direction over an aggregate of 80.179104 million Common Shares, representing approximately 15.0% of the issued and outstanding Common Shares.
A group of undisclosed buyers completed the acquisition of 5.70% stake in Coelacanth Energy Inc. (TSXV:CEI) from Vermilion Energy Inc. (TSX:VET) on December 8, 2025. Announcement • Oct 23
Vermilion Energy Inc. to Report Q3, 2025 Results on Nov 05, 2025 Vermilion Energy Inc. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Announcement • Jul 11
An undisclosed buyer completed the acquisition of Saskatchewan and Manitoba assets from Vermilion Energy Inc. (TSX:VET). An undisclosed buyer entered into a definitive agreement to acquire Saskatchewan and Manitoba assets from Vermilion Energy Inc. (TSX:VET) for approximately CAD 420 million on May 1, 2025. As part of consideration, CAD 415 million is paid towards assets of Saskatchewan and Manitoba assets of Vermilion Energy. The transaction has an effective date of May 1, 2025.
The transaction is anticipated to close in Q3 2025, subject to receipt of regulatory approvals and the satisfaction of other customary closing conditions.
National Bank Financial Inc. acted as an exclusive financial advisor, Torys LLP acted as a legal advisor, and Scotiabank acted as a strategic advisor to Vermilion Energy.
An undisclosed buyer completed the acquisition of Saskatchewan and Manitoba assets from Vermilion Energy Inc. (TSX:VET) on July 10, 2025. Announcement • Jul 10
Vermilion Energy Inc. to Report Q2, 2025 Results on Aug 07, 2025 Vermilion Energy Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Announcement • Jun 06
An undisclosed buyer entered into a definitive agreement to acquire United States Assets of Vermilion Energy Inc. (TSX:VET) for $120 million. An undisclosed buyer entered into a definitive agreement to acquire United States Assets of Vermilion Energy Inc. (TSX:VET) for $120 million on January 1, 2025. The Transaction agreement includes $10 million of contingent payments(4) based on WTI prices over the two-year period starting July 1, 2025. The transaction is expected to close Q3 2025, subject to the satisfaction of other customary closing conditions. Wells Fargo is acting as exclusive financial advisor and Citi is acting as strategic advisor and Torys LLP and Davis Graham & Stubbs LLP are acting legal advisor to Vermilion Energy Inc. Announcement • Jun 05
Vermilion Energy Inc. Updates Production Guidance for Second Half of 2025 Vermilion Energy Inc. updated production guidance for second half of 2025. The company expects production to range between 117,000 boe/d to 122,000 boe/d, 68% natural gas-weighted in the second half of 2025. Announcement • May 24
Vermilion Energy Inc. Provides Production Guidance for the Year 2025 Vermilion Energy Inc. provided production guidance for the year 2025. The Assets are currently producing approximately 10,500 boe/d (86% oil and liquids) and are forecast to generate approximately $110 million of annual net operating income at current strip commodity prices. Vermilion expects full year 2025 production to average between 120,000 to 125,000 boe/d with capital expenditures in the range of $680 to $710 million, reflecting an approximately $50 million reduction associated with the divested Assets post-closing. Announcement • Mar 11
Vermilion Energy Inc. to Report Q1, 2025 Results on May 07, 2025 Vermilion Energy Inc. announced that they will report Q1, 2025 results on May 07, 2025 Announcement • Mar 06
Vermilion Energy Inc. Revises Production Guidance for the Year 2025 Vermilion Energy Inc. revised production guidance for the year 2025. For the year, the company expects production is expected to range between 125,000 to 130,000 boe/d (62% natural gas including 14% European gas) against previous guidance range between 84,000 to 88,000 boe/d. Announcement • Feb 25
Vermilion Energy Inc., Annual General Meeting, May 07, 2025 Vermilion Energy Inc., Annual General Meeting, May 07, 2025. Announcement • Dec 23
Vermilion Energy Inc. (TSX:VET) entered into an arrangement agreement to acquire Westbrick Energy Ltd. for CAD 1.1 billion. Vermilion Energy Inc. (TSX:VET) entered into an arrangement agreement to acquire Westbrick Energy Ltd. for CAD 1.1 billion on December 23, 2024. A cash consideration of CAD 1.075 billion will be paid by Vermilion Energy Inc. Pursuant to the Acquisition, Vermilion will acquire all of the issued and outstanding shares of Westbrick (the "Westbrick Shares"), including any securities convertible into Westbrick Shares that are exercised prior to or in conjunction with the closing of the Acquisition (the "Closing"). Holders of Westbrick Shares, including any securities convertible into Westbrick Shares that are exercised prior to or in conjunction with Closing, will be provided with the option to elect prior to Closing to receive up to a maximum of 1.7 million Vermilion common shares not to exceed CAD 25 million in value based on Vermilion's five-day volume weighted average trading price on the Toronto Stock Exchange, immediately prior to execution of the Arrangement Agreement. The Acquisition will be funded through Vermilion's undrawn CAD 1.35 billion revolving credit facility. In connection with the Acquisition, Vermilion has also entered into a new fully underwritten CAD 250 million term loan maturing May 2028 through a debt commitment letter with TD Securities Inc. (acting as underwriter) and a new fully underwritten $300 (CAD 431.055 million) million bridge facility through a debt commitment letter with Royal Bank of Canada and TD Securities Inc.
Certain shareholders of Westbrick (the "Supporting Shareholders"), representing in excess of 90% of the Westbrick shares outstanding, have already executed a written resolution approving the arrangement. The Supporting Shareholders have also entered into voting support agreements agreeing not to change their approval of the arrangement as shareholders. The transaction is expected to close in Q1 2025.
TD Securities Inc. is acting as exclusive financial advisor to Vermilion with respect to the Acquisition. Dentons Canada LLP is acting as legal counsel to Vermilion with respect to the Acquisition. RBC Capital Markets and Scotiabank are acting as joint financial advisors to Westbrick with respect to the transaction. Osler, Hoskin & Harcourt LLP is acting as legal counsel to Westbrick with respect to the transaction. Declared Dividend • Nov 11
Third quarter dividend of CA$0.12 announced Shareholders will receive a dividend of CA$0.12. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 4.0%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (14% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • Nov 07
Third quarter 2024 earnings released: EPS: CA$0.33 (vs CA$0.35 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.33 (down from CA$0.35 in 3Q 2023). Revenue: CA$461.8m (up 4.2% from 3Q 2023). Net income: CA$51.7m (down 9.8% from 3Q 2023). Profit margin: 11% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Announcement • Nov 07
Vermilion Energy Inc. Announces Cash Dividend, Payable on January 15, 2025 Vermilion Energy Inc. announce a cash dividend of CAD 0.12 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). Upcoming Dividend • Sep 20
Upcoming dividend of CA$0.12 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 15 October 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.7%). Declared Dividend • Aug 05
Second quarter dividend of CA$0.12 announced Shareholders will receive a dividend of CA$0.12. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Aug 02
Vermilion Energy Inc. Provides Production Guidance for the Third Quarter and Revised Production Guidance Full Year 2024 Vermilion Energy Inc. provided production guidance for the third quarter and revised production guidance full year 2024. For the quarter, the company expects production to be in the range of 83,000 to 85,000 boe/d taking into account the approximately 1,200 boe/d impact of planned turnaround activity, including a third-party turnaround deferred from Second Quarter 2024, hot weather-related limitations impacting production, and the shut-in of approximately 800 boe/d of dry gas production in Alberta due to low gas prices.
For the year, the company expects production guidance has been increased to 83,000 to 86,000 boe/d (from 82,000 to 86,000 boe/d previously), reflecting the strong operational performance year-to-date. Reported Earnings • Aug 01
Second quarter 2024 earnings released: CA$0.52 loss per share (vs CA$0.78 profit in 2Q 2023) Second quarter 2024 results: CA$0.52 loss per share (down from CA$0.78 profit in 2Q 2023). Revenue: CA$461.0m (up 8.6% from 2Q 2023). Net loss: CA$82.4m (down 164% from profit in 2Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 37% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Aug 01
Vermilion Energy Inc. Announces Cash Dividend, Payable on October 15, 2024 Vermilion Energy Inc. announced a cash dividend of CAD 0.12 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). Announcement • Jul 09
Vermilion Energy Inc. to Report Q2, 2024 Results on Jul 31, 2024 Vermilion Energy Inc. announced that they will report Q2, 2024 results After-Market on Jul 31, 2024 Recent Insider Transactions • May 19
Vice President of Marketing recently sold €332k worth of stock On the 15th of May, Terrance Hergott sold around 30k shares on-market at roughly €11.07 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €561k. Insiders have been net sellers, collectively disposing of €647k more than they bought in the last 12 months. Declared Dividend • May 06
First quarter dividend of CA$0.12 announced Shareholders will receive a dividend of CA$0.12. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (22% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • May 03
Vermilion Energy Inc. Provides Production Guidance for the Second Quarter of 2024 Vermilion Energy Inc. provided production guidance for the second quarter of 2024. For the second quarter, the company expects production to be in the range of 83,000 to 85,000 boe/d. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: CA$0.014 (vs CA$2.34 in 1Q 2023) First quarter 2024 results: EPS: CA$0.014 (down from CA$2.34 in 1Q 2023). Revenue: CA$497.9m (up 2.6% from 1Q 2023). Net income: CA$2.31m (down 99% from 1Q 2023). Profit margin: 0.5% (down from 78% in 1Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • May 02
Vermilion Energy Inc. Announces Cash Dividend, Payable on July 15, 2024 Vermilion Energy Inc. announced a cash dividend of CAD 0.12 per share, payable on July 15, 2024 to all shareholders of record on June 28, 2024. This dividend is an eligible dividend for the purposes of the Income Tax Act. Recent Insider Transactions • Mar 30
Vice President of Business Development recently sold €561k worth of stock On the 27th of March, Jenson Tan sold around 50k shares on-market at roughly €11.22 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €338k more than they bought in the last 12 months. Upcoming Dividend • Mar 20
Upcoming dividend of CA$0.12 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.4%). Declared Dividend • Mar 10
Fourth quarter dividend of CA$0.12 announced Shareholders will receive a dividend of CA$0.12. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 157% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 08
Vermilion Energy Inc. to Report Q1, 2024 Results on May 01, 2024 Vermilion Energy Inc. announced that they will report Q1, 2024 results on May 01, 2024 Reported Earnings • Mar 07
Full year 2023 earnings released: CA$1.45 loss per share (vs CA$8.03 profit in FY 2022) Full year 2023 results: CA$1.45 loss per share (down from CA$8.03 profit in FY 2022). Revenue: CA$2.01b (down 37% from FY 2022). Net loss: CA$237.6m (down 118% from profit in FY 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Mar 07
Vermilion Energy Inc. Announces Cash Dividend, Payable on April 15, 2024 Vermilion Energy Inc. announced a cash dividend of CAD 0.12 per share, payable on April 15, 2024 to all shareholders of record on March 28, 2024. Announcement • Feb 29
Vermilion Energy Inc. (TSX:VET) acquired 2.36% stake in Coelacanth Energy Inc. (TSXV:CEI) for $9.4 million. Vermilion Energy Inc. (TSX:VET) acquired 2.36% stake in Coelacanth Energy Inc. (TSXV:CEI) for $9.4 million on February 27, 2024. Vermilion Energy paid $0.75 in cash for each common share of Coelacanth Energy.
Vermilion Energy Inc. (TSX:VET) completed the acquisition of 2.36% stake in Coelacanth Energy Inc. (TSXV:CEI) on February 27, 2024. Announcement • Feb 22
Vermilion Energy Inc. to Report Q4, 2023 Results on Mar 06, 2024 Vermilion Energy Inc. announced that they will report Q4, 2023 results After-Market on Mar 06, 2024 Announcement • Feb 17
Vermilion Energy Inc., Annual General Meeting, May 01, 2024 Vermilion Energy Inc., Annual General Meeting, May 01, 2024. Upcoming Dividend • Dec 21
Upcoming dividend of CA$0.10 per share at 2.4% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. Payout ratio is a comfortable 6.5% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.1%). Board Change • Dec 11
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President, CEO & Director Dion Hatcher was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 02
Vermilion Energy Inc. Announces Cash Dividend, Payable on January 15, 2024 Vermilion Energy Inc. announced a cash dividend of CAD 0.10 per share, payable on January 15, 2024 to all shareholders of record on December 29, 2023. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: CA$0.78 (vs CA$2.20 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.78 (down from CA$2.20 in 2Q 2022). Revenue: CA$424.4m (down 45% from 2Q 2022). Net income: CA$127.9m (down 65% from 2Q 2022). Profit margin: 30% (down from 47% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.5%. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Board Change • Aug 08
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President, CEO & Director Dion Hatcher was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 04
Vermilion Energy Inc. Maintains Production Guidance for the Third Quarter, Fourth Quarter and Full Year 2023 Vermilion Energy Inc. maintained production guidance for the third quarter, fourth quarter and full year 2023. For the third quarter, the company expected annual production of 80,000 boe/d to 83,000 boe/d.For the fourth quarter, the company expected annual production of 86,000 boe/d to 89,000 boe/d.For the full year, the company expected annual production of 82,000 boe/d to 86,000 boe/d. Announcement • Aug 03
Vermilion Energy Inc. Announces Quarterly Cash Dividend, Payable on October 16, 2023 Vermilion Energy Inc. announced a cash dividend of CAD 0.10 per share, payable on October 16, 2023 to all shareholders of record on September 29, 2023. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Announcement • Jul 22
Vermilion Energy Inc. to Report Q2, 2023 Results on Aug 02, 2023 Vermilion Energy Inc. announced that they will report Q2, 2023 results After-Market on Aug 02, 2023 Announcement • May 16
Vermilion Energy Inc. Provides Production Guidance for the Second Quarter and Full Year 2023 Vermilion Energy Inc. provided production guidance for the second quarter and full year 2023. For the second quarter 2023, as a result of production being temporarily offline the company now expects production to average 80,000 boe/d to 83,000 boe/d.For the year, annual production guidance of 82,000 boe/d to 86,000 boe/d remains unchanged. Announcement • May 10
Vermilion Energy Inc. Provides Update on the Impact of Alberta Wildfires Vermilion Energy Inc. provided the following update on the impact of the wildfires in Alberta. With the protection and safety of the people and local residents as the utmost priority, Vermilion is closely monitoring the wildfires surrounding the operations in West Central Alberta. The company have accounted for all of the employees and contractors in the affected areas to ensure their safety, and have also taken the safe measure to temporarily shut-in approximately 30,000 boe/d of production while the company assess the risk to the operations. The assessment to date indicates minimal damage to key infrastructure. Vermilion will continue to closely monitor the situation and work with the appropriate authorities, and will provide an update in due course. Announcement • May 05
Vermilion Energy Inc. Provides Production Guidance for the Second Quarter and Full Year 2023 Vermilion Energy Inc. provided production guidance for the first quarter and full year 2023. For the second quarter 2023, the company expects production to average 84,000 to 86,000 boe/d. The 2023 annual production guidance of 82,000 to 86,000 boe/d and capital budget of $570 million remain unchanged. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: CA$2.34 (vs CA$1.75 in 1Q 2022) First quarter 2023 results: EPS: CA$2.34 (up from CA$1.75 in 1Q 2022). Revenue: CA$534.4m (down 28% from 1Q 2022). Net income: CA$380.3m (up 34% from 1Q 2022). Profit margin: 71% (up from 38% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 5.9% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Announcement • May 05
Vermilion Energy Inc. Announces Cash Dividend, Payable on July 17, 2023 Vermilion Energy Inc. announced a cash dividend of CAD 0.10 per share, payable on July 17, 2023 to all shareholders of record on June 30, 2023. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Board Change • Apr 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President, CEO & Director Dion Hatcher was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 27
President recently sold €336k worth of stock On the 22nd of March, Anthony Hatcher sold around 28k shares on-market at roughly €11.88 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Anthony has been a net seller over the last 12 months, reducing personal holdings by €553k. Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.10 per share at 2.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 17 April 2023. Payout ratio is a comfortable 3.5% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.4%). Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: CA$8.03 (vs CA$7.13 in FY 2021) Full year 2022 results: EPS: CA$8.03 (up from CA$7.13 in FY 2021). Revenue: CA$3.42b (up 80% from FY 2021). Net income: CA$1.31b (up 14% from FY 2021). Profit margin: 38% (down from 61% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 23% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 8.0%. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth. Announcement • Feb 18
Vermilion Energy Inc., Annual General Meeting, May 03, 2023 Vermilion Energy Inc., Annual General Meeting, May 03, 2023. Announcement • Jan 19
Vermilion Energy Inc. to Report Q4, 2022 Results on Mar 09, 2023 Vermilion Energy Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Mar 09, 2023 Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €14.18, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total returns to shareholders of 3.8% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of CA$0.08 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 16 January 2023. Payout ratio is a comfortable 2.6% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (1.2%). Reported Earnings • Nov 11
Third quarter 2022 earnings released: EPS: CA$1.65 (vs CA$0.91 loss in 3Q 2021) Third quarter 2022 results: EPS: CA$1.65 (up from CA$0.91 loss in 3Q 2021). Revenue: CA$965.3m (up 97% from 3Q 2021). Net income: CA$271.1m (up CA$418.2m from 3Q 2021). Profit margin: 28% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.5% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Nov 11
Vermilion Energy Inc. Reaffirms Production Guidance for the Year 2022 Vermilion Energy Inc. reaffirmed production guidance for the year 2022. The company 2022 annual production guidance of 86,000 boe/d to 88,000 boe/d remain unchanged, however, The company expects annual production to be at the lower end of this range as a result of fire-related downtime in France and delayed onstream timing of the Australia and United States wells. Announcement • Nov 10
Vermilion Energy Inc. Announces Cash Dividend Payable on January 16, 2023 Vermilion Energy Inc. announced a cash dividend of CAD 0.08 per share, payable on January 16, 2023 to all shareholders of record on December 30, 2022. The ex-dividend date for this payment is December 29, 2022. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Recent Insider Transactions • Oct 10
Vice President of Marketing recently sold €430k worth of stock On the 4th of October, Terrance Hergott sold around 18k shares on-market at roughly €23.87 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.8m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €20.25, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total returns to shareholders of 44% over the past three years. Upcoming Dividend • Sep 21
Upcoming dividend of CA$0.08 per share Eligible shareholders must have bought the stock before 28 September 2022. Payment date: 17 October 2022. Payout ratio is a comfortable 2.3% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (1.2%). Announcement • Sep 21
Vermilion Energy Corrects Ex-Dividend Date for the Third Quarter 2022 Dividend Payment Vermilion Energy Inc. announces a correction to the ex-dividend date for the dividend payment on October 17, 2022. The ex-dividend date will be September 28, 2022, rather than the previously announced date of September 29, 2022, due to the statutory holiday on September 30, 2022. All other dates and information relating to the dividend payment on October 17, 2022, previously communicated in Vermilion's August 11, 2022 press release, remain unchanged. Recent Insider Transactions • Aug 31
Vice President of People & Culture recently sold €155k worth of stock On the 24th of August, Averyl Schraven sold around 6k shares on-market at roughly €28.10 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €223k. Insiders have been net sellers, collectively disposing of €2.0m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 17% share price gain to €27.99, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 141% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €52.47 per share. Reported Earnings • Aug 13
Second quarter 2022 earnings released: EPS: CA$2.20 (vs CA$2.79 in 2Q 2021) Second quarter 2022 results: EPS: CA$2.20 (down from CA$2.79 in 2Q 2021). Revenue: CA$775.3m (up 112% from 2Q 2021). Net income: CA$362.6m (down 20% from 2Q 2021). Profit margin: 47% (down from 123% in 2Q 2021). The decrease in margin was primarily driven by lower expenses. Over the next year, revenue is forecast to grow 27%, compared to a 42% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. 
