Vermilion Energy up on Q3 production outlook update

Vermilion Energy

11/09/2023 14:52

** Canadian oil & gas company Vermilion Energy's  VET.TO 
shares up 2.4% at C$20.70
    ** Company updates current-quarter production outlook after
restarting production at its projects in Australia and Ireland
 urn:newsml:reuters.com:*:nL4N3AN2BG
    ** Expects Q3 production at upper end of its outlook of
80,000 boepd to 83,000 boepd
    ** 7 of 15 analysts covering the stock rate it "buy" or
higher, remaining 'hold'; median PT C$23 - LSEG
    ** Including session gains, stock down ~15.5% YTD

 ($1 = 1.3561 Canadian dollars)

 (Reporting by Mrinalika Roy in Bengaluru)
 ((mrinalika.roy@thomsonreuters.com))