Vermilion Energy Inc. reported third-quarter fund flows from operations (FFO) of $237 million ($1.55 per basic share), generating over $90 million in free cash flow that fully funded $146 million in exploration and development capital expenditures. The company reduced net debt by approximately $60 million to $1.17 billion, while returning $41 million to shareholders through dividends and share repurchases. Vermilion approved a 2027 E&D capital budget of $675 million to $725 million, targeting annual average production of 122,000 to 126,000 boe/d. The Board plans to increase the quarterly cash dividend by 4% to $0.14 per share, effective with the Q1 2027 payment on March 31, 2027, subject to approval in March 2027. Additionally, the company declared a current quarterly dividend of $0.135 per share payable December 31, 2026. Vermilion is an international oil and gas producer focused on liquids-rich natural gas in Canada and conventional natural gas in Europe.
