Vermilion Energy (VET) said Thursday its board approved budgeting $600 million to $625 million in capital expenditures for 2025, including drilling and infrastructure capital for all its major business units.
The company said its board also approved an 8% increase in quarterly dividend to 0.13 of a Canadian dollar ($0.09) per share starting in Q1. The Q1 dividend is payable April 15, Vermilion Energy added.
Vermilion Energy shares were up nearly 5% in recent Thursday trading.
Price: 9.09, Change: +0.44, Percent Change: +5.09
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