Vermilion Energy (VET) Asset Writedowns and Impairment (2010 - 2023)

Vermilion Energy (VET) reported Asset Writedowns and Impairment of -$1016.1 billion for Q4 2023, down 628.96% quarter-over-quarter from $192.1 billion in Q1 2022.

Vermilion Energy (VET) Asset Writedowns and Impairment (2010 - 2023) Analysis & Trends

Vermilion Energy (VET) has 9 years of Asset Writedowns and Impairment data on file, last reported at -$1016.1 billion in Q4 2023.

  • Asset Writedowns and Impairment for Q4 2023 came in at -$1016.1 billion, changed N/A year-over-year; the trailing twelve-month figure through Dec 2023 was -$1016.1 billion (down 628.96% YoY), and the FY2025 annual result was $677.3 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment eased to -$1016.1 billion in Q4 2023 per VET's latest filing, from $192.1 billion in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $593.6 billion in Q2 2021 and troughed at -$1016.1 billion in Q4 2023.
  • A 4-year average of -$20.4 billion and a median of $1.2 billion in 2020 frame the typical range for Asset Writedowns and Impairment.
  • On a YoY basis, Asset Writedowns and Impairment climbed as much as 1180564.25% in 2021 and fell as far as 144.87% in 2021.
  • A 4-year view of Asset Writedowns and Impairment shows it stood at $35.9 million in 2020, then jumped by 66622.47% to $23.9 billion in 2021, then soared by 703.0% to $192.1 billion in 2022, then plunged by 628.96% to -$1016.1 billion in 2023.
  • Business Quant data shows VET's Asset Writedowns and Impairment at -$1016.1 billion in Q4 2023, $192.1 billion in Q1 2022, and $23.9 billion in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Woodside Energy 639.66 Bn 633.72 Bn -
2 Canadian Natural Resources 395.91 Bn 395.91 Bn 6.72 Bn
3 Conocophillips 147.10 Bn 140.74 Bn 9.48 Bn
4 Eog Resources 74.80 Bn 70.95 Bn -
5 Occidental Petroleum 56.58 Bn 53.39 Bn 4.87 Bn
6 Diamondback Energy 55.66 Bn 61.83 Bn 4.22 Bn
7 Vista Energy, S.A.B. de C.V 35.54 Bn 34.93 Bn 472.36 Mn
8 Eqt 33.02 Bn 36.36 Bn 2.98 Bn
9 Vermilion Energy 32.08 Bn 31.89 Bn 370.10 Mn
10 Devon Energy 28.69 Bn 28.69 Bn 3.61 Bn

Historic Data

Download Data
DateValue
Dec 31, 2023 -1,016.09 Bn
Dec 31, 2023 -1,016.09 Bn
Mar 31, 2022 192.09 Bn
Mar 31, 2022 192.09 Bn
Dec 31, 2021 23.92 Bn
Dec 31, 2021 23.92 Bn
Sep 30, 2021 22.23 Bn
Sep 30, 2021 22.23 Bn
Jun 30, 2021 593.61 Bn
Jun 30, 2021 593.61 Bn
Mar 31, 2021 -523.73 Mn
Mar 31, 2021 -523.73 Mn
Sep 30, 2020 35.85 Mn
Sep 30, 2020 35.85 Mn
Jun 30, 2020 50.28 Mn
Jun 30, 2020 50.28 Mn
Mar 31, 2020 1.17 Bn
Mar 31, 2020 1.17 Bn
Jun 30, 2016 -29,482.94
Jun 30, 2016 -29,482.94