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Stock impact report

Vermilion Energy Inc. Announces Results for the Three Months Ended March 31, 2024 [Yahoo! Finance]

Vermilion Energy Inc. Common (Canada) (VET) 
Last vermilion energy inc. common (canada) earnings: 4/28 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
operating and condensed financial results for the three months ended March 31, 2024. The unaudited interim financial statements and management discussion and analysis for the three months ended March 31, 2024 will be available on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") at www.sedarplus.ca , on EDGAR at www.sec.gov/edgar.shtml , and on Vermilion's website at www.vermilionenergy.com Highlights Q1 2024 fund flows from operations ("FFO") was $431 million /basic share) and exploration and development ("E&D") capital expenditures were $190 million , resulting in free cash flow ("FCF") of $241 million /basic share) Net debt decreased by $134 million in Q1 2024 to $944 million , achieving our net debt target of $1 billion and representing a net debt to trailing FFO ratio of 0.7 times, the lowest in over a decade. Vermilion returned $56 million to shareholders during Q1 2024, comprised of $19 million of dividends and $37 million of share buybacks. Th Show less Read more
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