Frontierby eninvs

Language: EN · RU

← Region

Vermilion Energy (VET) USD

At a glance: strengths & risks
✓Revenue growing (+61%)✓Profit growing (+10%)✓Low leverage (0.4x EBITDA)✗Margins compressing (91%→73%)

Sector: Oil & gas

Geography: Canada, United States, Europe, Australia

COMM_VET

Price chart

11.26 USDDay 0.18%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
11.26 USD · 0.18%
Market cap
1.7 bn USD

Growth

Δ revenue y/y
8.9%
Δ EBITDA y/y
-62.1%

Multiples

P/E (LTM)
—
P/B (FY)
1.2x
P/E (ann.)
<0
EV/EBITDA (LTM)
4.9x
EV/EBITDA (ann.)
8.9x

Cash return

Dividend yield
1.7%
FCF yield (LTM)
29.7%

Value creation

to target market cap (spot commodity model)
Upside (potential)
-46.8%
↓ details

Liquidity

Daily turnover (listing)
20.3 mln USD

Shares: yahoo_fundamentals_timeseries/VET

Financial results

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2026-03-31Q1 2026 (3M)OK378.1
y/y 8.9%
-49.2
y/y -171.0%
123.3
y/y -2.3%
74.1
y/y -62.1%
-106.0
y/y -1090.6%
165.6-98.04040.0
y/y -20.3%
1489.3
y/y -27.8%
-27.5%901.7Link
2025-12-31Q4 2025 (3M)OK331.0
y/y -25.8%
5.2
y/y -91.4%
149.4
y/y 40.6%
154.7
y/y -7.3%
-313.2
y/y —
95.4-323.63824.6
y/y -14.3%
1590.1
y/y -22.5%
-71.0%876.2Link
2025-09-30Q3 2025 (3M)OK332.4
y/y -9.8%
22.1
y/y -44.3%
124.5
y/y -5.3%
146.6
y/y -14.4%
1.8
y/y -95.2%
278.7-104.94260.6
y/y -4.1%
1938.1
y/y -7.8%
0.1%871.9Link
2025-06-30Q2 2025 (3M)OK338.0
y/y 0.4%
31.2
y/y -15.2%
131.8
y/y 12.0%
163.0
y/y 5.5%
-167.1
y/y —
100.5-82.64800.6
y/y 6.3%
1927.7
y/y -6.7%
-33.5%1346.9Link
2025-03-31Q1 2025 (3M)OK347.1
y/y -4.5%
69.3
y/y 54.0%
126.2
y/y -12.0%
195.5
y/y 3.8%
10.7
y/y 535.8%
200.7-130.35069.5
y/y 9.8%
2062.0
y/y -5.3%
2.1%1324.3Link
2024-12-31Q4 2024 (3M)OK446.0
y/y 7.2%
60.7
y/y 125.7%
106.2
y/y -44.6%
166.9
y/y -23.7%
-13.4
y/y —
155.2-150.34465.0
y/y -3.4%
2052.3
y/y -8.7%
-2.6%607.2Link
2024-09-30Q3 2024 (3M)OK368.4
y/y -5.6%
39.7
y/y -40.5%
131.5
y/y 17.5%
171.2
y/y -4.2%
37.7
y/y -11.1%
98.2-89.74442.0
y/y -16.3%
2101.7
y/y -26.4%
2.4%609.1Link
2024-06-30Q2 2024 (3M)OK336.6
y/y -10.9%
36.8
y/y -30.3%
117.7
y/y 2.9%
154.4
y/y -7.6%
-60.2
y/y -163.5%
194.4-80.54514.1
y/y -15.2%
2066.6
y/y -27.1%
-11.3%564.2Link
2024-03-31Q1 2024 (3M)OK363.5
y/y -18.5%
45.0
y/y -48.1%
143.4
y/y 30.6%
188.4
y/y -4.1%
1.7
y/y -99.4%
258.7-139.34617.6
y/y -14.5%
2177.3
y/y -22.3%
0.3%495.6Link
2023-12-31Q4 2023 (3M)PARTIAL416.1
y/y —
-39.8
y/y —
80.0
y/y —
218.8
y/y —
-637.7
y/y —
167.0-113.54621.3
y/y —
2246.7
y/y —
-93.3%572.5Link
2023-09-30Q3 2023 (3M)OK390.4
y/y —
66.7
y/y —
112.0
y/y —
178.7
y/y —
42.5
y/y —
87.8-95.55307.0
y/y —
2854.9
y/y —
2.0%706.0Link
2023-06-30Q2 2023 (3M)OK377.7
y/y —
52.7
y/y —
114.4
y/y —
167.1
y/y —
94.8
y/y —
128.7-123.65321.0
y/y —
2833.2
y/y —
13.5%669.9Link
2023-03-31Q1 2023 (3M)OK445.9
y/y —
86.7
y/y —
109.8
y/y —
196.4
y/y —
281.9
y/y —
288.0-114.75398.9
y/y —
2801.0
y/y —
—652.2Link

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

01002003004002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Year-over-year change

-80%-60%-40%-20%0%2023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Cash flow

FCF ($ mln)

-750-500-25002505002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Net debt / cash ($ mln)

05001 0001 5002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Production & Reserves

Physical operating metrics — supplementary, not part of the financial statements

Oil and Gas E and P

Proved reserves
522.79 mln boe
2022
Reserve life (R/P)
12.0 yrs
reserves ÷ annual output
Annual production
43.63 mln boe
2025

Production, mln boe

4.54201319.16201422.58201523.64201626.58201737.09201836.54201934.66202031.09202131.19202230.57202330.78202443.63202511.432026

Proved reserves

YearReserves, mln boe
2022522.79
2021481.01
2020466.60
2019501.22
2018488.10
2017123.80
2016290.10
2015260.90

Production

YearProduction, mln boeper day
202611.43 * (3M)
+21.8%		125 188
202543.63
+41.8%		119 543
202430.78
+0.7%		84 315
202330.57
−2.0%		83 753
202231.19
+0.3%		85 450
202131.09
−10.3%		85 181
202034.66
−5.2%		94 949
201936.54
−1.5%		100 105
201837.09
+39.5%		101 621

* partial year

EI1 ___NASDAQ_press_comm (NASDAQ / SEC filings)

Key-commodity price — Brent

Current 98spot vs LTM +28%

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: -46.8% ▼ -1.7 pp 1d

Main driver: Brent +28% vs LTM; revenue ×1.09 vs costs ×1.04; EBITDA 644→687; at 2.8× EV/EBITDA → -47%.

Product prices — moves vs the LTM average

CommodityShareSpotLTM3-yrvs LTM, $3y vs LTM
Brent (rev)+40%98.0276.5880.40+28%+5%
Nat. gas in Europe (Dutch TTF) (rev)+30%407.69427.87433.90-5%+1%
Henry Hub Gas (rev)+20%2.883.373.11-15%-8%
WTI Crude Oil (rev)+10%90.4072.3176.27+25%+5%
WTI Crude Oil (cost)-3%90.4072.3176.27+25%+5%
Henry Hub Gas (cost)-1%2.883.373.11-15%-8%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue1 380
LTM EBITDA644
LTM cash costs (revenue − EBITDA)736
2 · Revenue projection
Revenue multiplier — spot×1.094 (+9%)
= Spot revenue1 509
Revenue multiplier — 3y price×1.014 (+1%)
= 3-year-price revenue1 399
3 · Costs projection
Cost multiplier — spot×1.044 (+4%)
= Spot cash costs769
Cost multiplier — 3y price×1.039 (+4%)
= 3-year-price cash costs765
4 · EBITDA projection (revenue − costs)
= Spot EBITDA740
= 3-year-price EBITDA634
Conservative EBITDA = min(spot, avg)687
5 · Valuation → target market cap
Historical EV/projected-EBITDA (75th pct)2.8x
Target EV = EV/EBITDA × conservative EBITDA1 903
Net debt902
Target market cap = EV − net debt1 012
Current market cap1 901

Upside = target market cap ÷ current − 1 = -46.8%

Life of mine: 17 yrs

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

PeriodAct. revModel revΔ revAct. EBITDAModel EBITDAΔ EBITDA
2023 Q2378380-0.7%167205-18.6%
2023 Q3390408-4.3%179230-22.2%
2023 Q4416414+0.5%219248-11.8%
2024 Q1363348+4.5%188126+49.8%
2024 Q2337377-10.7%154173-10.8%
2024 Q3368365+0.9%171169+1.0%
2024 Q4446397+12.4%70205-65.7%
2025 Q1347447-22.4%196208-6.1%
2025 Q2338361-6.4%250129+93.3%
2025 Q3332346-3.9%165138+19.1%
2025 Q4331339-2.3%155139+11.4%
2026 Q1378353+7.1%74203-63.6%

Revenue growth & acceleration

Growth decelerating ▼
Last-year revenue growth +61% vs +90% the year before — a -28.9 pp move. 3-year CAGR —.
revenue growth by year: 2021 +90% · 2022 +61%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 3.4x · target 75th pct (3y) 2.8x · LTM avg 3.8x

EV/EBITDA (LTM)EV/EBITDA (projected)target 75th pct (projected, 3y)

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-06-150.097 USDEx-dividend: 0.097 USD per sharePaidYahoo Finance (ex-div)
2026-03-130.099 USDEx-dividend: 0.099 USD per sharePaidYahoo Finance (ex-div)
2025-06-300.095 USDEx-dividend: 0.095 USD per sharePaidYahoo Finance (ex-div)
2025-03-310.091 USDEx-dividend: 0.091 USD per sharePaidYahoo Finance (ex-div)
2024-12-310.084 USDEx-dividend: 0.084 USD per sharePaidYahoo Finance (ex-div)
2024-09-270.089 USDEx-dividend: 0.089 USD per sharePaidYahoo Finance (ex-div)
2024-06-280.088 USDEx-dividend: 0.088 USD per sharePaidYahoo Finance (ex-div)
2024-03-270.088 USDEx-dividend: 0.088 USD per sharePaidYahoo Finance (ex-div)
2023-12-280.076 USDEx-dividend: 0.076 USD per sharePaidYahoo Finance (ex-div)
2023-09-280.074 USDEx-dividend: 0.074 USD per sharePaidYahoo Finance (ex-div)
2023-06-290.075 USDEx-dividend: 0.075 USD per sharePaidYahoo Finance (ex-div)
2023-03-300.074 USDEx-dividend: 0.074 USD per sharePaidYahoo Finance (ex-div)
2022-12-290.059 USDEx-dividend: 0.059 USD per sharePaidYahoo Finance (ex-div)
2022-09-280.058 USDEx-dividend: 0.058 USD per sharePaidYahoo Finance (ex-div)
2022-06-290.047 USDEx-dividend: 0.047 USD per sharePaidYahoo Finance (ex-div)
2022-03-300.048 USDEx-dividend: 0.048 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Vermilion Energy (VET) — from primary filings.

Vermilion Energy Inc. acquires, explores, develops, and optimizes oil and natural gas producing properties in North America, Europe, and Australia.

Frequently asked questions

What is Vermilion Energy (VET)'s EV/EBITDA?
Vermilion Energy (VET) trades at 4.9x EV/EBITDA.
What is Vermilion Energy (VET)'s P/B ratio?
Vermilion Energy (VET) trades at a P/B of 1.2x.
What is Vermilion Energy (VET)'s dividend yield?
Vermilion Energy (VET)'s trailing 12-month dividend yield is 1.7%.
What is Vermilion Energy (VET)'s return on equity (ROE)?
Vermilion Energy (VET)'s ROE is -27.5%.
What is Vermilion Energy (VET)'s market capitalization?
Vermilion Energy (VET)'s market cap is 1.7 bn USD.