Welcome to our dedicated page for Vermilion Energy news (Ticker: VET), a resource for investors and traders seeking the latest updates and insights on Vermilion Energy stock.
Vermilion Energy Inc. (VET) is an international oil and gas producer with operations across North America, Europe, and Australia. This page provides investors and industry observers with verified updates on corporate developments, financial results, and operational milestones.
Access real-time press releases and curated analysis covering earnings reports, asset acquisitions, drilling innovations, and sustainability initiatives. Our collection ensures you stay informed about strategic partnerships, production updates, and capital management decisions that shape VET's market position.
Key updates include quarterly financial disclosures, operational efficiency achievements, and regulatory developments. Bookmark this page for immediate access to primary source materials and objective reporting on exploration successes, cost optimization measures, and leadership changes.
For stakeholders tracking conventional and unconventional resource development, this resource offers essential insights into VET's free cash flow generation, drilling technology advancements, and international market strategies. Return regularly to monitor how the company balances growth investments with shareholder returns.
Vermilion Energy Inc. reported strong Q1 2024 results with $431M FFO, $190M E&D capital expenditures, and $241M FCF. Net debt decreased by $134M to $944M, achieving the $1B net debt target. $56M was returned to shareholders through dividends and buybacks. Production averaged 85,505 boe/d, with successful operations in Germany and the US. In Germany, a deep gas well was drilled, while Croatia's gas plant construction nears completion.
Vermilion Energy Inc. has declared a $0.12 CDN cash dividend per share, scheduled for payment on July 15, 2024. The dividend is eligible for the Income Tax Act (Canada) and will be distributed to all shareholders of record on June 28, 2024.
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