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Stock impact report

Vermilion Energy Inc. Announces Results for the Year Ended December 31, 2023 and Accelerated Return of Capital [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
to report operating and condensed financial results for the year ended December 31, 2023. The audited financial statements, management discussion and analysis and annual information form for the year ended December 31, 2023 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 Q4 2023 Results Q4 2023 fund flows from operations ("FFO") was $372 million /basic share) and exploration and development ("E&D") capital expenditures were $143 million , resulting in free cash flow ("FCF") of $229 million /basic share) Net debt decreased by $164 million in Q4 2023 to $1.1 billion , the lowest level in a decade and a 50% reduction from the peak in 2020. In addition, Vermilion returned $45 million to shareholders comprised of $16 million of dividends and $29 million of share buybacks. Production during the fourth quarter Show less Read more
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