05:31 PM EDT, 07/31/2024 (MT Newswires) -- Vermilion Energy ( VET ) edged down in after hours New York trading after the company on Wednesday said it swung to a second-quarter loss

The international oil and gas producer said it lost $82.43 million, or $0.52, in the period, compared to profit of $127.91 million, or $0.78, in the year-prior quarter.

Revenue fell 1.6% to $478.93 million from $471.36 million.

Second-quarter fund flows from operations was $237 million, or $1.48 per share, and exploration and development capital expenditures were $111 million, resulting in free cash flow of $126 million ($0.79/basic share).

The company said its oil and gas production averaged 84,974 barrels of oil equivalent in the quarter, up 2%, as it narrowed its 2024 production guidance to between 83,000 and 86,000 boepd from 82,000 to 86,000 boepd

The company's shares were last seen down US$0.02 to US$10.72 after hours. They closed up $0.58 to $14.85 on the Toronto Stock Exchange.