Vermilion Energy Sells U.S. Assets, Refocuses on Gas-Weighted Operations

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

Vermilion Energy Inc. has announced the sale of its United States assets for $120 million, a move that completes its exit from the U.S. market and allows it to focus on its core gas-weighted assets in Canada and Europe. The transaction is expected to close in Q3 2025, with proceeds directed towards debt repayment, enhancing the company’s financial position. Additionally, Vermilion has updated its 2025 guidance, reducing its capital budget and adjusting production expectations, reflecting its strategic shift towards maximizing free cash flow over production growth amid market volatility.

The most recent analyst rating on (TSE:VET) stock is a Buy with a C$16.00 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’s overall stock score is primarily influenced by its mixed financial performance and bearish technical indicators. While the company shows potential through strategic acquisitions and debt reduction efforts, ongoing profitability challenges and market volatility pose risks. The attractive dividend yield and positive corporate events provide some support, but the stock’s current valuation and technical outlook suggest caution.

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

More about Vermilion Energy

Vermilion Energy Inc. is a company operating in the energy industry, primarily focusing on oil and gas production. The company has a significant presence in Canada and Europe, with a strategic emphasis on gas-weighted assets.

Average Trading Volume: 969,487

Technical Sentiment Signal: Sell

Current Market Cap: C$1.46B

Find detailed analytics on VET stock on TipRanks’ Stock Analysis page.