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Vermilion Energy Inc (VET.TO)

VET.TO on Toronto Stock Exchange

42.09CAD
20 Sep 2018
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$-0.25 (-0.59%)
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Latest Key Developments (Source: Significant Developments)

Vermilion Energy Quarterly FFO Per Share C$1.29
Thursday, 26 Apr 2018 

April 26 (Reuters) - Vermilion Energy Inc ::VERMILION ENERGY INC ANNOUNCES RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2018.QUARTERLY FFO PER SHARE C$1.29.Q1 2018 PRODUCTION DECREASED BY 4% FROM PRIOR QUARTER TO 70,167 BOE/D.WITHOUT INCLUSION OF SPARTAN ASSETS, CO EXPECTS PRODUCTION TO INCREASE EACH QUARTER THROUGHOUT 2018.WITHOUT INCLUSION OF SPARTAN ASSETS, CO EXPECTS TO ACHIEVE PREVIOUS FULL YEAR PRODUCTION GUIDANCE OF 75,000 TO 77,500 BOE/D.INCLUDING PRODUCTION FOR SPARTAN ACQUISITION AFTER CLOSING, CO'S REVISED 2018 PRODUCTION GUIDANCE IS 86,000 TO 90,000 BOE/D.  Full Article

Vermilion Energy Reports Q4 FFO Per Share $1.47
Thursday, 1 Mar 2018 

March 1 (Reuters) - Vermilion Energy Inc ::VERMILION ENERGY INC. ANNOUNCES RESULTS FOR THE THREE MONTHS AND YEAR ENDED DECEMBER 31, 2017.VERMILION ENERGY Q4 FFO PER SHARE $1.47.  Full Article

Vermilion Energy Inc. Announces Q4 2017 Production Increased 8% To An Average Of 72,821 Boe/D
Thursday, 1 Mar 2018 

March 1 (Reuters) - Vermilion Energy Inc ::VERMILION ENERGY INC. ANNOUNCES RESULTS FOR THE THREE MONTHS AND YEAR ENDED DECEMBER 31, 2017.VERMILION ENERGY INC - Q4 2017 PRODUCTION INCREASED 8% FROM PRIOR QUARTER TO AN AVERAGE OF 72,821 BOE/D.VERMILION ENERGY INC - FUND FLOWS FROM OPERATIONS IN Q4 2017 WAS $1.49/BASIC SHARE.VERMILION ENERGY INC - SEES 2018 CAPITAL BUDGET OF $315 MILLION WITH CORRESPONDING PRODUCTION GUIDANCE OF 74,500 TO 76,500 BOE/D.VERMILION ENERGY- IN CONJUNCTION WITH ACQUISITION OF SOUTHEAST SASKATCHEWAN LIGHT OIL PRODUCER, INCREASED 2018 CAPITAL BUDGET TO $325 MILLION FOR 2018.VERMILION ENERGY INC - SEES FY PRODUCTION RANGE OF 75,000 TO 77,500 BOE/D IN CONJUNCTION WITH ACQUISITION OF SOUTHEAST SASKATCHEWAN LIGHT OIL PRODUCER.  Full Article

Vermilion Energy Reports Q4 FFO $1.49/BASIC SHARE
Thursday, 1 Mar 2018 

March 1 (Reuters) - Vermilion Energy Inc ::VERMILION ENERGY INC. ANNOUNCES RESULTS FOR THE THREE MONTHS AND YEAR ENDED DECEMBER 31, 2017.VERMILION ENERGY INC - Q4 2017 PRODUCTION INCREASED 8% FROM PRIOR QUARTER TO AN AVERAGE OF 72,821 BOE/D.VERMILION ENERGY INC - FUND FLOWS FROM OPERATIONS IN Q4 2017 WAS $1.49/BASIC SHARE.VERMILION ENERGY- IN CONJUNCTION WITH ACQUISITION OF SOUTHEAST SASKATCHEWAN LIGHT OIL PRODUCER, INCREASED 2018 CAPITAL BUDGET TO $325 MILLION FOR 2018.VERMILION ENERGY INC - SEES FY PRODUCTION RANGE OF 75,000 TO 77,500 BOE/D IN CONJUNCTION WITH ACQUISITION OF SOUTHEAST SASKATCHEWAN LIGHT OIL PRODUCER.VERMILION ENERGY INC - IN OCT 2017 ANNOUNCED 2018 CAPITAL BUDGET OF $315 MILLION WITH CORRESPONDING PRODUCTION GUIDANCE OF 74,500 TO 76,500 BOE/D.  Full Article

Vermilion Energy Inc announces results for the three and nine months ended Sept. 30
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Vermilion Energy Inc :Vermilion Energy Inc announces results for the three and nine months ended September 30, 2017.Vermilion Energy Inc - ‍average production of 67,403 BOE/d during Q3 2017 was up slightly compared to prior quarter​.Vermilion Energy Inc - ‍fund flows from operations for Q3 2017 was $1.08/basic share​.Vermilion Energy Inc - reducing 2017 average production guidance to 68,000 to 69,000 BOE/d, compared to previous guidance of 69,000 to 70,000 BOE/d​.Vermilion Energy Inc - ‍board formally approved E&D capital budget of $315 million for 2018, with associated production guidance of 74,500 to 76,500 BOE/d​.Vermilion Energy-reaffirmed long-term targets of delivering 5% to 7% production per share growth at payout ratio of less than 100% under prevailing commodity strip​.  Full Article

Vermilion Energy Inc announces results for the three and six months ended June 30, 2017
Wednesday, 26 Jul 2017 

July 26 (Reuters) - Vermilion Energy Inc :Vermilion Energy Inc announces results for the three and six months ended June 30, 2017.Vermilion Energy Inc - Q2 fund flows from operations $1.22 per basic share.Vermilion Energy Inc - Vermilion's Q2 production increased by 4% to 67,240 boe/d from 64,537 boe/d in prior quarter.Sees 2017 associated production guidance of between 69,000-70,000 boe/d.Vermilion Energy Inc - average production increased by 4% in q2 2017 to 67,240 boe/d as compared to 64,537 boe/d in prior quarter.Vermilion Energy - effective with July dividend payment, have discontinued premium dividend component of premium dividend, dividend reinvestment plan.Vermilion Energy Inc - we are increasing our 2017 capital budget to $315 million, from $295 million previously.Qtrly earnings per share $0.40.Q2 earnings per share view c$0.02 -- Thomson Reuters I/B/E/S.Qtrly petroleum and natural gas sales $271.4 million versus $261.6 million.  Full Article

Royal Dutch Shell says to divest Upstream interests in Ireland for up to $1.23 bln
Wednesday, 12 Jul 2017 

July 12 (Reuters) - Royal Dutch Shell Plc : :Through Shell Overseas Holdings reached agreement with Canada Pension Plan Investment Board unit to sell shares in Shell E&P Ireland.Deal to sell shares in Shell E&P Ireland Limited, that holds 45% interest in Corrib Gas Venture for up to $1.23 billion.Transaction includes initial consideration of $947m and additional payments of up to $285m between 2018-2025, subject to gas price and production‍​.Deal , which represents Shell’s exit from upstream business in Ireland, is expected to complete in Q2 2018.CPPIB will be the new Corrib Gas JV partner and Vermilion will become the new operator of the Corrib Gas venture.Deal to result in an impairment charge of around US$350m, which will be taken in Q2, 2017.At completion, a negative non-cash cumulative currency translation difference of around US$400m will be released.Shell will retain presence in Ireland through Aviation JV, Shell and Topaz Aviation Ireland Limited based near Dublin airport.  Full Article

Canada Pension Plan Investment Board, Vermilion Energy enters into partnership in Corrib
Wednesday, 12 Jul 2017 

July 12 (Reuters) - Vermilion Energy Inc -:Canada Pension Plan Investment Board and Vermilion Energy Inc. announce strategic partnership in Corrib.Vermilion Energy Inc - deal for ‍total cash consideration of eur 830 million​.Vermilion Energy Inc - ‍following transfer to vermilion, cppib would hold a 43.5% non-operated interest​.Vermilion Energy Inc says vermilion expects acquisition to be accretive for all pertinent per share metrics including production.Vermilion Energy Inc - ‍following transfer to vermilion, vermilion would hold a 20% operated interest in corrib​.Vermilion Energy Inc - ‍following transfer to vermilion, statoil asa would continue to hold a 36.5 percent non-operated interest in corrib​.Vermilion Energy Inc says acquisition would significantly increase vermilion's degree of operating control of its asset base.Vermilion Energy Inc - ‍cppib will acquire shell exploration company b.v.'s 45% interest in corrib natural gas field in ireland​.vermilion-‍following assumption of operatorship of corrib, co estimates that it will operate 87 percent of its production base as compared to 72 percent currently​.Vermilion Energy Inc - ‍vermilion will operate corrib natural gas field assets after completion of acquisition​.  Full Article

Vermilion Energy Inc Q1 FFO per share C$1.21
Friday, 28 Apr 2017 

April 28 (Reuters) - Vermilion Energy Inc :Vermilion Energy Inc announces results for the three months ended March 31, 2017.Q1 FFO per share C$1.21.Says average production increased by 6% in Q1 2017 to 64,537 boe/d.Vermilion Energy - expect production volumes to continue increasing throughout 2017 to achieve full year production guidance of between 69,000-70,000 boe/d.  Full Article

Vermilion Energy prices its senior unsecured notes offering
Tuesday, 7 Mar 2017 

Vermilion Energy Inc : Vermilion Energy Inc announces the pricing of its senior unsecured notes offering .new notes will be issued in aggregate principal amount of us$300 million due march 15, 2025 and have a fixed coupon of 5.625% per annum.  Full Article

Wyoming oil basin deals rise as companies look past Permian

NEW YORK/HOUSTON, Aug 28 Oil companies looking for the next big find are wading into the Powder River Basin of Wyoming, where pipelines are not congested and land is cheaper than in Texas' Permian Basin, the world's fastest-growing oil producing region.