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Vermilion Energy Inc. (T:VET)

Business Focus: Integrated Oil & Gas

Sector:  Energy Industry:  Integrated Oil & Gas
 
Company Contact
Address: 3500, 520 - 3Rd Avenue S.W.
CALGARY AB T2P 0R3
Tel: N/A
Website: https://www.vermilionenergy.com
IR: See website
Key People
Anthony Hatcher
President, Chief Executive Officer, Director
Jenson Tan
Vice President - Business Development
Lars Glemser
Chief Financial Officer, Vice President
Gerard Schut
Vice President - European Operations
Terry Hergott
Vice President - Marketing
Averyl Schraven
Vice President - People & Culture
Kyle Preston
Vice President - Investor Relations
Yvonne Jeffery
Vice President - Sustainability
Darcy Kerwin
Vice President - International & HSE
Geoff Macdonald
Vice President - Geosciences
   
Business Overview
Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.
Financial Overview
For the nine months ended 30 September 2024, Vermilion Energy Inc revenues decreased 5% to C$1.42B. Net loss totaled C$28.4M vs. income of C$565.5M. Revenues reflect Canada segment decrease of 20% to C$468.5M, Oil Equivalent Prodn (B/D)-Canada decrease of 6% to 48K barrels per day. Net loss reflects Avg. Production Costs per Barrel, Total increase of 3% to C$20.22 per barrel, Exploration Costs increase of 13% to C$11.9M.
Employees: 740 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $2,866M as of Sep 30, 2024
Annual revenue (TTM): $1,937M as of Sep 30, 2024
EBITDA (TTM): $977.98M as of Sep 30, 2024
Net annual income (TTM): -$831.56M as of Sep 30, 2024
Free cash flow (TTM): $452.89M as of Sep 30, 2024
Net Debt Last Fiscal Year: $834.22M as of Sep 30, 2024
Shares outstanding: 155,348,000 as of Sep 30, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization