Vermilion Energy (TSE:VET) has released an update.
Vermilion Energy reported a strong third quarter for 2024, with a 16% increase in fund flows from operations, driven by robust European gas prices. The company returned $59 million to shareholders through dividends and share buybacks, highlighting its commitment to shareholder value. Additionally, Vermilion reduced its net debt to the lowest level in 15 years, positioning itself for future growth.
For further insights into TSE:VET stock, check out TipRanks’ Stock Analysis page.