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Vermilion Energy reports Q1 EPS C$2.34 vs. C$1.75 last year
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Vermilion Energy reports Q1 EPS C$2.34 vs. C$1.75 last year

Reports Q1 revenue C$552.7B vs. C$810.18M last year. Q1 2023 fund flows from operations was C$253M or $1.56/basic share and exploration and development capital expenditures were $155M, resulting in free cash flow of $98M or 60c/basic share. Q1 2023 production averaged 82,455 boe/d a decrease of 4% from the previous quarter due to unplanned downtime in Australia, partially offset by new well production from Alberta Deep Basin and Montney assets in Canada.

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