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Vermilion Energy Swings to Q3 Loss YoY, Plans Dividend Hike

Vermilion Energy Swings to Q3 Loss YoY, Plans Dividend Hike

MT newswireMT newswire2026/11/04 11:49
07:49 AM EST, 11/04/2026 (MT Newswires) -- Vermilion Energy (VET.TO) reported a Q3 net loss of CA$0.23 per share, swinging from net earnings of CA$0.02 per share in the previous year. Analysts polled by FactSet expected earnings of CA$0.38 per share. Sales for the three months ended Sept. 30 reached CA$593.9 million, compared to CA$449.5 million a year ago. The company produced 117,349 barrels of oil equivalent per day (boe/d) in the third quarter, compared to 119,062 boe/d last year. Vermilion plans to increase its quarterly cash dividend by 4% to CA$0.14 per share, effective in the first quarter of 2027. The dividend will be payable March 31, 2027, subject to board approval.
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智通财经•2026/11/10 05:57