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Vermilion: 2Q Earnings Snapshot

CALGARY, Alberta (AP) _ Vermilion Energy Inc. (VET) on Monday reported a second-quarter loss of $51.4 million, after reporting a profit in the same period a year earlier.

The Calgary, Alberta-based company said it had a loss of 33 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 62 cents per share.

The oil and natural gas explorer posted revenue of $139.2 million in the period.

The company's shares closed at $4.70. A year ago, they were trading at $19.97.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on VET at

The Associated Press

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