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Vermilion Energy Swings to Q1 Loss, Sales Increase

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-- Vermilion Energy (VET) reported a Q1 loss Wednesday of 0.95 Canadian dollar ($0.70) per diluted share, swinging from earnings of CA$0.10 a year earlier.

A single analyst polled by FactSet expected earnings of CA$0.27.

Sales for the quarter ended March 31 were CA$513.3 million, up from CA$468.7 million a year earlier.

A single analyst surveyed by FactSet expected CA$512.8 million.

Shares of the company were down 6% in premarket activity.

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