Vermilion Energy (VET) Operating Expenses (2009 - 2026)
Vermilion Energy's (VET) quarterly Operating Expenses came in at $103.3 million in Q1 2026, up 30.31% year-on-year from $79.3 million in Q1 2025, and down 91.6% on a QoQ basis from $1.2 billion in Q4 2025.
Vermilion Energy (VET) Operating Expenses (2009 - 2026) Analysis & Trends
Vermilion Energy (VET) has 18 years of Operating Expenses data on file, last reported at $103.3 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 30.31% year-over-year to $103.3 million in Q1 2026; TTM through Mar 2026 was $1.5 billion, a 31.45% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 29.53% from the prior year.
- Operating Expenses for Q1 2026 stood at $103.3 million, down from $1.2 billion in the prior quarter.
- Over the last five years, Operating Expenses for VET reached as high as $1.2 billion in Q4 2025 and fell as low as -$291.2 billion in Q4 2023.
- Historically, Operating Expenses has averaged -$28.6 billion across 5 years, with a median of $94.1 million in 2023.
- Across the five-year window, Operating Expenses tumbled 290218.42% in 2023 and jumped 100.31% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $100.4 million in 2022, then tumbled by 290218.42% to -$291.2 billion in 2023, then jumped by 100.31% to $915.1 million in 2024, then jumped by 34.36% to $1.2 billion in 2025, then sank by 91.6% to $103.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $103.3 million in Q1 2026, $1.2 billion in Q4 2025, and $100.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.12 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 4.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 60.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 54.49 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.64 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 2.87 Bn |
| 10 | Vermilion Energy | 1.62 Bn | 1.43 Bn | - | 103.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 103.33 Mn |
| Dec 31, 2025 | 1.23 Bn |
| Sep 30, 2025 | 100.63 Mn |
| Jun 30, 2025 | 88.77 Mn |
| Mar 31, 2025 | 79.30 Mn |
| Dec 31, 2024 | 915.07 Mn |
| Sep 30, 2024 | 81.68 Mn |
| Jun 30, 2024 | 82.01 Mn |
| Mar 31, 2024 | 110.81 Mn |
| Dec 31, 2023 | -291.20 Bn |
| Sep 30, 2023 | 91.65 Mn |
| Jun 30, 2023 | 101.80 Mn |
| Mar 31, 2023 | 101.21 Mn |
| Dec 31, 2022 | 100.37 Mn |
| Sep 30, 2022 | 96.60 Mn |
| Sep 1, 2022 | 15.75 Mn |
| Jun 30, 2022 | -114.62 Bn |
| Mar 31, 2022 | -112.18 Bn |
| Dec 31, 2021 | -112.68 Bn |
| Sep 30, 2021 | -104.36 Bn |