Vermilion Historical Income Statement
| VET Stock | CAD 13.52 0.29 2.10% |
Historical analysis of Vermilion Energy income statement accounts such as Depreciation And Amortization of 830.3 M, Interest Expense of 89.5 M, Selling General Administrative of 87.9 M or Total Revenue of 1 B can show how well Vermilion Energy performed in making a profits. Evaluating Vermilion Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Vermilion Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Vermilion Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Vermilion Energy is a good buy for the upcoming year.
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About Vermilion Income Statement Analysis
Vermilion Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Vermilion Energy shareholders. The income statement also shows Vermilion investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Vermilion Energy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Vermilion Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Vermilion Energy minus its cost of goods sold. It is profit before Vermilion Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Vermilion Energy. It is also known as Vermilion Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Vermilion Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Vermilion Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vermilion Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Vermilion Stock, please use our How to Invest in Vermilion Energy guide.At this time, Vermilion Energy's EBITDA is very stable compared to the past year. As of the 11th of December 2024, Cost Of Revenue is likely to grow to about 1.6 B, while Total Revenue is likely to drop about 1 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 2.6B | 359.4M | 579.1M | Total Revenue | 2.2B | 3.7B | 1.9B | 1.0B |
Vermilion Energy income statement Correlations
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Vermilion Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vermilion Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 707.8M | 615.8M | 615.2M | 635.3M | 790.8M | 830.3M | |
| Interest Expense | 81.4M | 75.1M | 73.1M | 82.9M | 85.2M | 89.5M | |
| Selling General Administrative | 195.7M | 171.5M | 171.6M | 181.0M | 80.7M | 87.9M | |
| Total Revenue | 1.9B | 1.2B | 2.2B | 3.7B | 1.9B | 1.0B | |
| Gross Profit | 851.0M | 432.5M | 1.3B | 2.6B | 359.4M | 579.1M | |
| Other Operating Expenses | 1.7B | 1.4B | 1.5B | 1.9B | 1.7B | 1.8B | |
| Operating Income | 189.5M | (188.2M) | 715.2M | 1.9B | 235.9M | 277.7M | |
| Ebit | 209.4M | (1.8B) | 1.5B | 1.9B | (271.3M) | (257.7M) | |
| Ebitda | 917.3M | (1.2B) | 2.1B | 2.5B | 519.5M | 549.7M | |
| Cost Of Revenue | 1.1B | 814.9M | 904.9M | 1.1B | 1.6B | 1.6B | |
| Total Operating Expenses | 668.4M | 624.0M | 628.2M | 728.2M | 123.5M | 117.3M | |
| Income Before Tax | 141.1M | (1.9B) | 1.4B | 2.1B | (278.3M) | (264.4M) | |
| Total Other Income Expense Net | (41.5M) | (1.7B) | 72.9M | (449.3M) | (514.2M) | (488.5M) | |
| Net Income | 32.8M | (1.5B) | 1.1B | 1.3B | (237.6M) | (225.7M) | |
| Income Tax Expense | 108.3M | (360.0M) | 233.2M | 738.0M | (40.7M) | (38.7M) | |
| Net Income From Continuing Ops | 32.8M | (1.5B) | 1.1B | 1.3B | (237.6M) | (225.7M) | |
| Net Income Applicable To Common Shares | 32.8M | (1.5B) | 1.1B | 1.3B | 1.5B | 1.6B | |
| Tax Provision | 108.3M | (360.0M) | 233.2M | 738.0M | (40.7M) | (38.7M) | |
| Interest Income | 2.3M | 6.8M | 653.1M | 17.2M | 19.8M | 18.8M | |
| Net Interest Income | (81.4M) | (75.1M) | (73.1M) | (82.9M) | (85.2M) | (89.5M) | |
| Reconciled Depreciation | 675.2M | 580.5M | 571.7M | 577.1M | 712.6M | 662.8M |
Pair Trading with Vermilion Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vermilion Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vermilion Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Vermilion Stock
| 0.8 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.61 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.65 | ENS | E Split Corp | PairCorr |
| 0.76 | ENS-PA | E Split Corp | PairCorr |
Moving against Vermilion Stock
| 0.71 | ARA | Aclara Resources | PairCorr |
| 0.53 | SAGE | Sage Potash Corp | PairCorr |
| 0.52 | CCL-A | CCL Industries | PairCorr |
| 0.43 | RCI-A | Rogers Communications | PairCorr |
The ability to find closely correlated positions to Vermilion Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vermilion Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vermilion Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vermilion Energy to buy it.
The correlation of Vermilion Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vermilion Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vermilion Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vermilion Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vermilion Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Vermilion Stock, please use our How to Invest in Vermilion Energy guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.