Vermilion Energy: Q3 Earnings Insights

Shares of Vermilion Energy VET decreased 0.6% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 560.00% year over year to ($0.33), which missed the estimate of $0.11.

Revenue of $212,045,000 decreased by 28.56% from the same period last year, which missed the estimate of $225,210,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

Company's 52-week high was at $16.89

52-week low: $1.50

Price action over last quarter: down 39.77%

Company Overview

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.