tiprankstipranks
Trending News
More News >

Vermilion Energy Completes $415 Million Saskatchewan Asset Sale

Story Highlights
Vermilion Energy Completes $415 Million Saskatchewan Asset Sale

Elevate Your Investing Strategy:

Vermilion Energy ( (TSE:VET) ) just unveiled an announcement.

On July 10, 2025, Vermilion Energy Inc. announced the closing of its Saskatchewan asset sale, generating gross proceeds of $415 million. The sale includes approximately 10,500 boe/d of non-core light oil production in Saskatchewan and Manitoba. This transaction is part of Vermilion’s strategic plan to enhance its asset portfolio by focusing on long-duration, scalable assets with high return on capital opportunities. The proceeds will strengthen the company’s balance sheet and provide more flexibility for capital allocation in its core Canadian and European assets.

The most recent analyst rating on (TSE:VET) stock is a Hold with a C$14.00 price target. To see the full list of analyst forecasts on Vermilion Energy stock, see the TSE:VET Stock Forecast page.

Spark’s Take on TSE:VET Stock

According to Spark, TipRanks’ AI Analyst, TSE:VET is a Neutral.

Vermilion Energy shows potential with strategic acquisitions and positive cash flow generation, yet faces challenges with profitability and market volatility. Corporate actions to reduce debt and maintain dividends are positive, but a negative P/E ratio and high leverage require attention.

To see Spark’s full report on TSE:VET stock, click here.

More about Vermilion Energy

Vermilion Energy Inc. is a global gas producer focused on acquiring, exploring, and developing liquids-rich natural gas in Canada and conventional natural gas in Europe. The company aims to optimize low-decline oil assets and has a diversified portfolio that delivers significant free cash flow through exposure to global commodity prices. Vermilion prioritizes health and safety, environmental protection, and profitability, while also emphasizing strategic community investment.

Average Trading Volume: 887,117

Technical Sentiment Signal: Sell

Current Market Cap: C$1.62B

For a thorough assessment of VET stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1