Vermilion
Vermilion
Vermilion

Investor Relations

  • Vermilion's value driven strategy ensures delivery of sustainable dividends
  • Vermilion has a history as a successful strategic acquirer
  • Vermilion is led by a bold, disciplined, and caring team you can trust

Defined Production Growth  

Vermilion has established a significant portfolio of properties that will enable us to provide steady production and reserve growth. Vermilion is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia.   Vermilion also holds an 18.5% working interest in the Corrib gas field in Ireland. 

Reliable and Growing Dividends

Since initiating a dividend in 2003, Vermilion has never decreased this dividend.  Vermilion's disciplined, value driven strategy ensures the delivery of reliable and growing dividends to our shareholders.

Vermilion maintains a five-year business plan that is periodically reviewed and submitted to the Board of Directors for approval. We evaluate the outlook for commodity prices, the market environment for properties, the availability of services and personnel, the general economic climate and the outlook in capital markets. Vermilion sets dividend levels based on the long-term sustainability of those dividends. We take into account ongoing development-capital requirements and the need to maintain a strong balance sheet to provide the maximum impact from future potential acquisitions. We believe this disciplined approach rewards our investors by assuring a high level of confidence in our dividend stream and, consequently, optimum valuation of our shares.

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Proficient International Operator

As a proficient international operator, Vermilion is able to execute the business plan efficiently.

Vermilion's global reach and diversity of operations exposes us to opportunities and challenges far exceeding a typical producer in North America. Vermilion's properties span three continents.  We operate an offshore platform in Australia, major waterflood oilfields in France, natural gas production and processing in the Netherlands and Germany, and light oil and liquids-rich gas production and processing in western Canada and the United States.

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Successful Strategic Acquirer

Vermilion has a demonstrated track record as a successful strategic acquirer.

Vermilion has pursued the acquisition of long-life assets in areas with stable political and economic environments and in regions with well- established oil and gas infrastructures. This approach mitigates many of the risks normally associated with international operations.

Each of our jurisdictions is led by industry veterans, all having an intimate understanding of their specific operations, the countries and the cultures in which they operate. We have acquired most of our international properties from major, multi-national energy firms. Generally, these are high quality, well maintained assets which become candidates for divesture as production declines to levels that do not warrant further capital investment by the vendor. These mature assets are ideal properties for Vermilion, and often provide smaller scale development opportunities suitable for Vermilion's business model.

Vermilion continues to seek accretive acquisitions with long term development potential in our core areas of North America, Europe and Australia.

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Financially Conservative

Adherence to a financially conservative policy allows us to deliver strong, sustainable performance.

By properly allocating our fund flows between capital expenditure programs, acquisitions and debt management, we are able to maintain financial leverage that is appropriate for projected commodity price levels and corresponds to the level of financial risk exposure expected by our shareholders.  Our conservative approach to financial management contributes to steady, reliable dividends for our shareholders and provides confidence that Vermilion will be able to maintain these dividends over the long term.

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Trustworthy Team

Vermilion has a bold, disciplined, and caring team of professionals at every level, from the Board of Directors, to senior management, to all professional and support staff.  The strength of this team ensures our stakeholders are able to reap the highest possible rewards from our operations. Our independent, award winning Board of Directors ensures we maintain high levels of fiscal prudence and corporate responsibility. Management and staff work consistently to maximize the value of our properties, while respecting the people and businesses in the communities in which we operate.

We emphasize the health and safety of our employees and contractors and are considerate of the environment in which we live and work. Vermilion has succeeded in the past by engaging talented, creative and responsible individuals, and we will succeed in the future by adhering to this approach.

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