Vermilion Energy (VET)
Develops Canadian liquids-rich gas, European conventional gas, and low-decline oil assets.
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Liquids-rich gas from Canada’s Deep Basin and Montney and conventional gas in Europe anchor the portfolio, alongside low-decline oil operations. Acquisitions and divestitures narrowed the business toward gas-weighted Canadian and European assets.
Develops and produces liquids-rich gas from Canada’s Deep Basin and Montney, complemented by conventional gas assets in Germany, Ireland and the Netherlands. Low-decline oil operations remain alongside those gas positions.
Cross-border acquisitions and divestitures shaped the asset base. The Westbrick addition and exits from U.S., Saskatchewan and Manitoba businesses narrowed the portfolio toward gas-weighted Canadian and European assets.
Operations span Canadian and European jurisdictions rather than a single domestic basin, so the asset base remains tied to cross-border production. The post-reset portfolio is deliberately weighted toward Canadian and European gas.
Company facts
Target rangeAs of Sep 2, 2026
Latest analyst notes
No analyst notes in the last 24 months.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $59.3M · Total debt $982.1M · Total assets $3.98B · Shareholders' equity $1.57B
- Revenue
- $376.0M
- Operating income
- $97.5M
- Net income
- $97.3M
Reported in CAD, converted at the latest exchange rate
Raised for 3 straight years — most recently to $0.0971 from $0.0965, declared for Sep 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Sep 15, 2026 | Sep 15 | Sep 29 | $0.0971 | upcoming · raised from $0.0965 |
| Jun 15, 2026 | Jun 15 | Jun 30 | $0.0965 | cut from $0.0983 |
| Mar 13, 2026 | Mar 13 | Mar 31 | $0.0983 | raised from $0.0945 |
| Dec 15, 2025 | Dec 15 | Dec 31 | $0.0945 | raised from $0.0935 |
| Sep 29, 2025 | Sep 29 | Oct 15 | $0.0935 | cut from $0.0954 |
| Jun 30, 2025 | Jun 30 | Jul 15 | $0.0954 | raised from $0.0904 |
| Mar 31, 2025 | Mar 31 | Apr 15 | $0.0904 | raised from $0.0835 |
| Dec 31, 2024 | Dec 31 | Jan 15 | $0.0835 | cut from $0.0889 |
| Sep 27, 2024 | Sep 27 | Oct 15 | $0.0889 | raised from $0.0877 |
| Institutions178 holders · as of Jun 30, 2026 | 56.35% | 86.18M ADS | |
| Strategic holders1 holder · as of Jan 21, 2026 | 8.90% | 13.62M ADS | |
| Otherremainder | 34.75% | 53.15M ADS |
152.95M ADS as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
BlackRock, Inc.Strategic | 8.90% | 13.62M | 13Gfiled Jan 21, 2026 ↗ |
Barrow, Hanley, Mewhinney & Strauss, LLCInstitution | 5.69% | 8.70M | 13Gfiled Feb 11, 2019 ↗ |
Jarislowsky, Fraser LimitedInstitution | 4.09% | 6.25M | 13D/Gfiled Feb 13, 2018 ↗ |
Ameriprise Financial IncInstitution | 3.81% | 5.83M ADS | 13Fas of Jun 30, 2026 |
Mackenzie Financial CorpInstitution | 3.66% | 5.59M ADS | 13Fas of Jun 30, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more
Insider tradesForm 4
Nothing filed in the last 12 months.
- Accelerant
Condensate-rich Montney gas producer with Kakwa and Attachie assets
- Invesco High Yield Equity Dividend Achievers ETF
Alberta Deep Basin gas peer with owned processing infrastructure
- Ovintiv
Oil-rich Alberta Montney producer after the NuVista acquisition
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Vermilion Energy | $13.18 | +0.04% | $2.01B | — | 9.5 | 1.5 | +12.6% |
| Accelerant | $19.60 | −0.66% | $4.30B | — | 22.8 | 4.1 | +74.8% |
| Invesco High Yield Equity Dividend Achievers ETF | $25.19 | +1.74% | $1.16B | — | — | — | — |
| Ovintiv | $66.91 | −0.01% | $18.51B | 19.2 | 9.5 | 1.9 | +30.0% |
| Median | 19.2 | 16.2 | 3.0 | +52.4% |