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| Date | Value |
|---|---|
| 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 |