Downgrades Outperform Mkt Perform X

VET Vermilion Energy

BMO Capital Markets

Resumed Outperform X

VET Vermilion Energy

BMO Capital Markets

Upgrades Hold Buy X

VET Vermilion Energy

TD Securities

Upgrades Hold Buy X

VET Vermilion Energy

Desjardins

Downgrades Buy Hold X

VET Vermilion Energy

Desjardins

Initiated Buy X

VET Vermilion Energy

Canaccord Genuity

Downgrades Buy Hold X

VET Vermilion Energy

TD Securities

Upgrades Neutral Overweight X

VET Vermilion Energy

JP Morgan

Downgrades Sec Outperform Sec Perform X

VET Vermilion Energy

Scotiabank

Upgrades Underweight Neutral X

VET Vermilion Energy

JP Morgan

Upgrades Hold Buy X

VET Vermilion Energy

Stifel

Upgrades Sec Perform Sec Outperform X

VET Vermilion Energy

Scotiabank

Upgrades Speculative Buy Buy X

VET Vermilion Energy

Canaccord Genuity

Downgrades Outperform Sec Perform X

VET Vermilion Energy

RBC Capital Mkts

Initiated Neutral X

VET Vermilion Energy

Credit Suisse

Downgrades Buy Hold X

VET Vermilion Energy

TD Securities

Upgrades Outperform Strong Buy X

VET Vermilion Energy

Raymond James

Initiated Outperform X

VET Vermilion Energy

Raymond James

Initiated Buy X

VET Vermilion Energy

BofA/Merrill

$41

Upgrades Neutral Outperform X

VET Vermilion Energy

Credit Suisse

Initiated Overweight X

VET Vermilion Energy

JP Morgan

VET  Vermilion Energy Inc. Common (Canada)

Vermilion Energy Inc. produces oil and gas, and focuses on the acquisition, development and optimization of producing properties in North America, the Europe and Australia. Its segments include Canada, which includes production and assets focused in West Pembina near Drayton Valley, Alberta and Northgate in southeast Saskatchewan; France, which produces oil in France; Netherlands, which produces onshore gas and interests include over 24 onshore licenses and two offshore licenses; Germany, which holds interest in a four partner consortium; Ireland, which includes a non-operating interest in the offshore Corrib gas field located approximately 83 kilometers off the northwest coast of Ireland; Australia, which holds an operated working interest in the Wandoo field located approximately 80 kilometers offshore on the northwest shelf of Australia; the United States, which has interests in approximately 97,200 net acres of land in the Powder River Basin of northeastern Wyoming, and Corporate.