Vermilion Energy Sets 2027 Budget and Targets 4% Dividend Rise
Vermilion Energy released its third-quarter 2026 results and 2027 budget on November 4, 2026, setting exploration and development spending at C$675 million to C$725 million and targeting a 4% quarterly dividend increase, subject to board approval in March 2027. The announcement accompanied C$90.5 million of third-quarter free cash flow and a further reduction in net debt. The board-approved budget exceeds the company’s approximately C$620 million capital expectation for 2026. The production…