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Vermilion Energy Reports 2024 Results and Announces Major European Gas Discovery

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Vermilion Energy Reports 2024 Results and Announces Major European Gas Discovery

Vermilion Energy ( (TSE:VET) ) has shared an update.

Vermilion Energy Inc. reported a 6% increase in fund flows from operations for 2024, with a significant reduction in net debt and a return of $216 million to shareholders. The company also announced a significant European gas discovery, which could enhance its market positioning and future growth prospects.

More about Vermilion Energy

Vermilion Energy Inc. is a Calgary-based company operating in the oil and gas industry. The company focuses on the exploration, development, and production of natural gas and crude oil, with assets in North America and internationally.

YTD Price Performance: -21.69%

Average Trading Volume: 1,132,688

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.2B

See more data about VET stock on TipRanks’ Stock Analysis page.

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