Training
Our business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia.
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Our Priorities
Vermilion’s priorities are health and safety, the environment, and profitability, in that order. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings. We have been recognized by leading ESG rating agencies for our transparency on and management of key environmental, social and governance issues. In addition, we emphasize strategic community investment in each of our operating areas.
Employees and directors hold approximately 5% of our outstanding shares and are committed to delivering long-term value for all stakeholders. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.
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About the name
Our name originates from Alberta’s Vermilion Lakes, known for their reddish ochre waters. The strong colour of Vermilion, which is made up of red, orange and yellow, represents our focus to be a vibrant energy company that delivers above average shareholder returns through distinctive assets and strategic depth.
Our Values
Vermilion’s core values of Excellence, Trust, Respect and Responsibility have guided what we do and how we do it throughout our more than 20-year history.
Our History
Vermilion was founded in 1994 as a Canadian oil and gas exploration and production company focused on assets in Alberta, Canada.
Governance
Strong governance is in the best interests of our shareholders and promotes effective decision making at the Board level.
Organizational Diagram
