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Vermilion Energy Revenue Climbs 32.1% as Q3 Loss Misses Estimates

The company generated C$237 million in funds flow from operations and more than C$90 million in free cash flow.

A steel pumpjack works alone in a late afternoon oil field / TokenPost.ai
A steel pumpjack works alone in a late afternoon oil field / TokenPost.ai

Vermilion Energy Inc. recorded C$593.86 million in third-quarter revenue, up 32.1% from a year earlier. Its GAAP loss was C$0.23 per share, C$0.50 below estimates.

The company generated C$237 million in funds flow from operations, or C$1.55 per basic share. Free cash flow exceeded C$90 million.

Vermilion also updated its full-year outlook.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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