Vermilion Energy Inc - Company Profile
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Vermilion Energy Inc (Vermilion) is an oil and gas company that offers exploration and production services. The company carries out the exploration, development, and optimization of properties. The company exploits light oil and liquids-rich natural gas conventional resource. Vermilion holds oil and gas production operating interest in Aquitaine Basin in France and Canadian assets are located in Alberta. The company holds working interests in onshore and offshore concessions in the northern and southwestern part of the Netherlands. It operates an offshore oil field on Australia's northwest shelf. Vermilion is headquartered in Calgary, Alberta, Canada.
Headquarters
Canada
Address
3500-520 3 Ave Sw, 3500, 520 - 3rd Avenue S.W., Calgary, Alberta, T2P0R3
Website
www.vermilionenergy.com
Telephone
1 403 2694884
No of Employees
740
Industry
Energy and Utilities
Ticker Symbol & Exchange
VET (TSE)
Revenue (2023)
$2.6B
-41.2%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-118.1%
(2023 vs 2022)
Market Cap*
$1.9B
Net Profit Margin (2023)
XYZ
-130.8%
(2023 vs 2022)
* As of and is in US$
Vermilion Energy Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Oil | Exploration, Development and Optimization |
| Natural Gas Liquids | |
| Natural Gas |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In February, the company acquired shares of Coelacanth Energy Inc. |
| 2023 | Acquisitions/Mergers/Takeovers | In April, the company completed the acquisition of Equinor Energy Ireland Limited from Equinor ASA. |
| 2022 | Plans/Strategy | In August, the company and Nephin Energy announced their plans for the feasibility of a renewable energy hub at the existing Corrib gas field located offshore Ireland. |
Competitor Comparison
| Key Parameters | Vermilion Energy Inc | ARC Resources Ltd | Baytex Energy Corp | Advantage Energy Ltd | Obsidian Energy Ltd |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Calgary | Calgary | Calgary | Calgary | Calgary |
| State/Province | Alberta | Alberta | Alberta | Alberta | Alberta |
| No. of Employees | 740 | 584 | 367 | 61 | 198 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert Michaleski | Chairman | Executive Board | - | - |
| Dion Hatcher | Director; Chief Executive Officer; President | Executive Board | - | - |
| Lars Glemser | Chief Financial Officer; Vice President | Senior Management | - | - |
| Terry Hergott | Vice President - Marketing | Senior Management | - | - |
| Sven Tummers | Managing Director - Germany and Netherlands Business Unit | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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