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 |