Vermilion Energy (NYSE:VET) Releases Earnings Results, Beats Expectations By $998.78 EPS

Vermilion Energy (NYSE:VET) (TSE:VET) released its earnings results on Wednesday. The oil and gas company reported $999.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $998.78, reports. Vermilion Energy had a negative net margin of 34.30% and a positive return on equity of 3.80%.

Here are the key takeaways from Vermilion Energy’s conference call:

• Production averaged 125,600 BOE/d in Q1, above the upper end of guidance; Canada production rose 10% QoQ and Q2 guidance is 123,000–125,000 BOE/d with liquids weighting rising to ~31%.
• Generated CAD 232 million of funds from operations and CAD 98 million of free cash flow, while net debt fell by CAD 50 million to CAD 1.29 billion (CAD 770 million reduction year‑over‑year) with visibility to a CAD 1.0 billion net‑debt target.
• Q1 included hedge losses—realized hedge loss of CAD 15 million and larger unrealized, non‑cash mark‑to‑market losses that would be realized only if prices remain at March 31 levels, which weighs on near‑term reported results.
• Ongoing cost and capital efficiency gains—Montney per‑well cost lowered to CAD 8.2 million (down CAD 300k), OpEx/G&A/interest per BOE materially reduced vs 2025, and Deep Basin synergies now exceeding CAD 200 million.
• Europe strategy advancing—Wisselhorst well due mid‑2026, acquisition adding ~1,000 BOE/d and three new concessions doubling German acreage to >1 million net acres, while strong European gas pricing (>CAD 20/MMBtu in Q2) and liquids exposure drove ~80% of Q1 revenue.

Vermilion Energy Trading Down 13.2%

VET stock traded down $1.80 during mid-day trading on Wednesday, hitting $11.84. 2,181,221 shares of the company were exchanged, compared to its average volume of 2,195,126. The company has a quick ratio of 0.76, a current ratio of 0.84 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $1.81 billion, a P/E ratio of -3.86 and a beta of 0.36. The business has a fifty day simple moving average of $12.43 and a 200-day simple moving average of $10.03. Vermilion Energy has a 12-month low of $5.89 and a 12-month high of $14.82.

Vermilion Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a yield of 4.6%. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, March 13th. Vermilion Energy’s payout ratio is -13.07%.

Analyst Upgrades and Downgrades

VET has been the subject of a number of research reports. Zacks Research lowered shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 9th. Weiss Ratings raised shares of Vermilion Energy from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, April 22nd. ATB Cormark Capital Markets raised shares of Vermilion Energy from a “hold” rating to a “buy” rating in a report on Friday, March 27th. TD Securities reaffirmed a “hold” rating on shares of Vermilion Energy in a report on Thursday, March 5th. Finally, Wall Street Zen lowered shares of Vermilion Energy from a “hold” rating to a “sell” rating in a report on Sunday, April 12th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $15.00.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC purchased a new position in Vermilion Energy during the fourth quarter worth about $307,000. CANADA LIFE ASSURANCE Co lifted its position in shares of Vermilion Energy by 57.0% during the third quarter. CANADA LIFE ASSURANCE Co now owns 36,486 shares of the oil and gas company’s stock worth $293,000 after purchasing an additional 13,248 shares in the last quarter. Magnetar Financial LLC acquired a new stake in shares of Vermilion Energy during the fourth quarter worth about $246,000. Brooklyn Investment Group acquired a new stake in shares of Vermilion Energy during the fourth quarter worth about $206,000. Finally, HRT Financial LP acquired a new stake in shares of Vermilion Energy during the fourth quarter worth about $196,000. Hedge funds and other institutional investors own 31.91% of the company’s stock.

Vermilion Energy Company Profile

Vermilion Energy Inc is a Canadian-based international oil and gas producer headquartered in Calgary, Alberta. Established in 1994, the company focuses on the exploration, development and production of crude oil and natural gas reserves through its wholly owned and joint venture assets. Vermilion’s upstream operations target a balance of oil and gas projects across various regions, with an emphasis on high-quality resource plays that can deliver stable cash flow and long-term reserves replacement.

Vermilion’s product portfolio includes light and medium crude oil, heavy oil, natural gas and natural gas liquids (NGLs).