Vermilion Energy Inc.

VET Energy Oil & Gas E&P

Vermilion Energy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, down 8.72% from fiscal 2024. In the quarter to June 2026, revenue grew 17.0%, EPS grew 158.7%, free cash flow grew 110.8% and total debt fell 32.4%, each against the same quarter a year earlier.

13.20 0.55 +4.35%
Market cap
$1.9B
P/E
0.0×
Fwd P/E
21.3×
Dividend yield
2.93%
F-score
5/9
Altman Z
0.28
Beneish M
−4.10
Dividend safety
41/100

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 1.25%

Capital & Financial Ratios $m

Market Cap 1,930.00
Revenue 1,300.22
Net Income (317.97)
Free Cash Flow 589.15
Net Debt 919.76
Current Ratio 1.00 (below 1: weak)
Debt/Equity 0.63
P/E ratio 0.00
Fwd P/E 21.30
P/S ratio 1.55
P/B ratio 1.29
Past 5Y EPS Growth —
This Y EPS Growth 118.43% (at or above 15%: strong)
Next Y EPS Growth 104.08% (at or above 15%: strong)
Next Y revenue growth 16.56% (at or above 10%: strong)
Next 5Y EPS Growth 58.63% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 54.48%
10-year low 10-year high
P/B against its own 10 years 53.70%
10-year low 10-year high
EV/Sales against its own 10 years 43.75%
10-year low 10-year high
EV/FCF against its own 10 years 17.19%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate 0.39
Annual Dividend Yield 2.93%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.38
0.10
0.10
0.10
2025 0.37
0.09
0.10
0.09
0.09
2024 0.35
0.09
0.09
0.09
0.08
2023 0.30
0.07
0.08
0.07
0.08
2022 0.21
0.05
0.05
0.06
0.06
2021 Powerpack
2020 0.43
0.17
0.17
0.08
2019 2.08
0.17
0.17
0.17
0.17
0.17
0.18
0.17
0.17
0.17
0.18
0.17
0.18
2018 2.09
0.17
0.17
0.17
0.18
0.18
0.17
0.18
0.18
0.18
0.18
0.17
0.17
2017 2.15
0.16
0.16
0.16
0.16
0.16
0.16
0.16
0.17
0.17
0.17
0.17
0.17
0.17
2016 2.11
0.15
0.16
0.17
0.17
0.16
0.16
0.17
0.17
0.17
0.16
0.16
0.16
0.16
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 105 96 14 59
Receivables 180 218 196 211
Inventory 42 30 33 41
Other 232 29 56 38
610 425 334 413
2023 2024 2025 Q'26
Payables 282 310 337 297
ST’ Debt — — — —
Other 13 52 43 94
516 446 397 414

Compound Annual Growth %

10y 5y 3y
Sales 6.32% 8.21% (21.65%)
Cash Flow 6.85% 12.59% (21.49%)
Earnings 0.00% 0.00% 0.00%
Book Value 0.88% 18.15% (15.29%)

Revenue $m

Mar Jun Sep Dec Year
’26 356 375 — — —
’25 373 320 317 253 1,263
’24 369 337 339 340 1,384
’23 395 344 369 380 1,487
’22 621 657 740 609 2,627
’21 297 322 417 593 1,628
’20 263 139 206 243 852
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 166 122 — — —
’25 195 109 284 87 675
’24 263 191 100 153 706
’23 287 131 89 252 759
’22 269 413 328 385 1,395
’21 94 209 161 202 666
’20 208 (12) 78 99 373
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 68 44 — — —
’25 68 21 528 (50) 567
’24 121 112 10 8 252
’23 307 7 (5) 158 468
’22 202 325 191 253 971
’21 28 143 111 85 367
’20 33 (37) 47 56 99
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.69) 0.62 — — —
’25 0.07 (1.09) 0.01 (2.05) (3.04)
’24 0.01 (0.38) 0.24 (0.09) (0.22)
’23 1.68 0.57 0.25 (3.61) (1.07)
’22 1.33 1.68 1.23 1.78 6.00
’21 2.45 2.22 (0.72) 1.69 5.56
’20 (6.28) (0.33) (0.33) (0.28) (7.17)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 20.31 29.91 19.43 13.01 1.50 4.33 12.52 10.72 8.22 5.14

Analyst estimates 2026–2028

Powerpack
High 44.95 43.81 40.59 27.48 16.89 13.93 30.17 17.41 12.79 10.49
People
People Employees 503 505 698 790 747 716 740 740 743 636
Revenue/emp, $m 1.24 1.56 1.69 1.67 1.14 2.27 3.55 2.01 1.86 1.99
Income, $m
Income, $m Revenue 626 790 1,177 1,317 852 1,628 2,627 1,487 1,384 1,263
Gross margin, % 68.41 72.11 73.20 58.01 46.28 68.77 76.20 61.19 59.94 60.06
EBT (169) 96 274 106 (1,401) 1,103 1,578 (206) (5) (232)
EBT margin, % (26.94) 12.15 23.24 8.08 (164.56) 67.72 60.06 (13.86) (0.35) (18.40)
Net income (121) 48 210 25 (1,133) 917 1,010 (176) (34) (468)
Depreciation 399 379 470 509 433 456 444 528 499 532
Per share, $
Per share, $ Revenue 5.41 6.55 8.37 8.51 5.39 10.10 16.07 9.09 8.76 8.21
Earnings (1.04) 0.40 1.49 0.16 (7.17) 5.69 6.18 (1.07) (0.22) (3.04)
Cash flow 3.33 3.80 4.48 4.01 2.36 4.13 8.54 4.64 4.47 4.39
Capex (2.23) (2.23) (4.36) (2.55) (1.74) (1.86) (2.60) (1.78) (2.88) (0.70)
Free cash flow 1.10 1.57 0.12 1.46 0.63 2.28 5.94 2.86 1.59 3.69
Book value 10.30 9.87 15.46 11.95 4.37 10.23 16.00 13.72 12.98 10.34
Shares, m 116 121 141 155 158 161 163 164 158 154
Valuation, ×
Valuation, × P/E 0.00 95.97 15.72 96.24 0.00 2.20 2.49 0.00 0.00 0.00
P/S 7.86 5.71 2.52 1.92 0.83 1.25 0.95 1.32 1.07 1.02
P/B 4.13 3.79 1.36 1.37 1.02 1.23 0.96 0.88 0.72 0.81
EV/Sales 9.74 7.14 3.90 3.19 2.79 2.19 1.35 1.84 1.67 1.88
EV/FCF 47.85 29.77 276.72 18.59 23.93 9.72 3.65 5.86 9.18 4.18
Cash, $m
Cash, $m Operating cash flow 385 458 630 621 373 666 1,395 759 706 675
Capex (257) (269) (613) (394) (274) (299) (424) (291) (455) (108)
Free cash flow 127 190 17 226 99 367 971 468 252 567
Balance, $m
Balance, $m Working capital (49) (78) (103) (52) (128) (219) (137) 94 (21) (62)
Total debt 1,044 992 1,469 1,521 1,501 1,366 871 702 743 925
Net debt 996 956 1,449 1,499 1,496 1,361 861 597 647 912
Shareholders’ equity 1,192 1,190 2,174 1,849 691 1,649 2,616 2,246 2,051 1,590
Returns, %
Returns, % ROA (3.79) 1.56 5.30 0.53 (30.25) 23.56 20.02 (3.52) (0.75) (11.29)
ROIC (1.80) 2.94 5.26 3.03 (3.33) 12.22 26.59 6.39 5.48 4.28
ROE (9.13) 4.03 12.46 1.23 (89.21) 78.36 47.37 (7.24) (1.59) (25.69)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Vermilion Energy Inc. vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TALO Talos Energy Inc. $2.8B — (loss-making) — (loss-making) +56.53% (above 0%: growing) n/m −1.84% (below 0%: shrinking) 100.00% 29.82% Compare
NOG Northern Oil and Gas, Inc. $2.7B — (loss-making) — (loss-making) +5.44% (above 0%: growing) +119.61% (above 0%: growing) −266.95% (below 0%: shrinking) 76.81% 47.31% Compare
BKV BKV Corporation $2.4B 8.3× 12.6× +1.57% (above 0%: growing) −44.72% (below 0%: shrinking) −1,530.03% (below 0%: shrinking) 60.28% 26.13% Compare
KRP Kimbell Royalty $2.1B 19.4× 17.3× +29.96% (above 0%: growing) +1,900.00% (above 0%: growing) −66.72% (below 0%: shrinking) 100.00% 53.06% Compare
VET Vermilion Energy Inc. $1.9B — (loss-making) 21.3× +17.00% (above 0%: growing) n/m +110.78% (above 0%: growing) 67.53% 29.66%
MNR Mach Natural Resources LP $1.8B 18.4× 13.1× +40.70% (above 0%: growing) −22.37% (below 0%: shrinking) −13.11% (below 0%: shrinking) 61.56% 30.17% Compare
KOS Kosmos Energy Ltd. $1.6B — (loss-making) — (loss-making) +56.80% (above 0%: growing) n/m +405.33% (above 0%: growing) 70.40% 47.75% Compare
GFR Greenfire Resources Ltd. $1.6B — (loss-making) — +21.83% (above 0%: growing) −38.00% (below 0%: shrinking) −386.50% (below 0%: shrinking) 93.25% 38.51% Compare
DMLP Dorchester Minerals, L.P. $1.5B 17.3× — +73.10% (above 0%: growing) +148.00% (above 0%: growing) +110.38% (above 0%: growing) 100.00% 55.05% Compare
Median of peers $1.9B 17.8× 13.1× +35.33% +48.62% −39.91% 85.03% 42.91%

All 73 Oil & Gas E&P stocks →

Vermilion Energy Inc. (VET) key facts

  • Concern: Vermilion Energy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, down 8.72% from fiscal 2024.
  • Concern: Vermilion Energy Inc. reported a net loss of $467.8 million, or a loss of $3.04 per share, for fiscal 2025.
  • Vermilion Energy Inc. (VET) is an Oil & Gas E&P company in the Energy sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, VET traded at $13.20, a market capitalization of $1.9 billion.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 1.6× sales.
  • Vermilion Energy Inc. pays an annual dividend of $0.39 per share, a yield of 2.93%.
  • Return on equity was −25.7% and debt-to-equity 0.63.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 0.28 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Vermilion Energy Inc. (VET) Latest News

7 Aug

Impact 4 ·
stockrow.com/VET · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com