Vermilion Energy VET
NYSE VET
$13.55 +0.14 (+1.01%)
As of: Oct 21, 2026 · 3:59 PM EDT

Vermilion Energy (VET) Operating Expenses (2009 - 2026)

Updated

Vermilion Energy (VET) recorded Operating Expenses of $221.41 million in the quarter ended Jun 30, 2026, down 2.6% from $227.29 million a year earlier and down 58.4% from the prior quarter.

Analysis

Vermilion Energy (VET) Operating Expenses (2009 - 2026) Analysis & Trends

On a TTM basis, Vermilion Energy's Operating Expenses came in at $257.04 million as of Jun 30, 2026, down 30.9% year-over-year; for the year ended Dec 31, 2025, it was $42.31 million, down 89.6% from the prior year.

  • Annual Operating Expenses has a five-year compound annual growth rate of -55.1% (years ended Dec 2020 to Dec 2025).
  • Across earlier years, Operating Expenses came in at $406.54 million in the year ended Dec 31, 2024 (-76.0%), $1.69 billion in the year ended Dec 31, 2023 (+61.5%), $1.05 billion in the year ended Dec 31, 2022 and $12.79 million in the year ended Dec 31, 2021 (-99.4%).
  • Quarterly Operating Expenses has ranged from -$798.61 million in the quarter ended Dec 31, 2025 to $532.46 million in the quarter ended Mar 31, 2026 over the past five years.
  • On a year-over-year basis, Operating Expenses rose in two of the last five quarters, with growth averaging 12.2%.
  • Peak year-over-year performance for Operating Expenses in the last five years was growth of 72.9% in the quarter ended Mar 31, 2026, against a decline of 96.2% in the quarter ended Sep 30, 2023 at the low end.
  • Per Business Quant, the preceding three quarters came in at $532.46 million (quarter ended Mar 31, 2026), -$798.61 million (quarter ended Dec 31, 2025) and $301.78 million (quarter ended Sep 30, 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 ExxonMobil Holdings 743.20 Bn 699.68 Bn - 96.59 Bn
2 Chevron 447.03 Bn 419.15 Bn 33.45 Bn 53.37 Bn
3 Shell 310.50 Bn 240.25 Bn 30.13 Bn 8.70 Bn
4 TotalEnergies SE 198.52 Bn 79.10 Bn 61.77 Bn 46.44 Bn
5 Conocophillips 177.09 Bn 149.80 Bn 12.81 Bn 2.43 Bn
6 Equinor Asa 119.58 Bn 34.03 Bn - -22.18 Bn
7 Phillips 66 116.56 Bn 104.35 Bn 8.38 Bn 47.07 Bn
8 Canadian Natural Resources 113.43 Bn 110.44 Bn 8.84 Bn 114.95 Mn
9 Suncor Energy 96.25 Bn 82.00 Bn - -
10 Vermilion Energy 2.08 Bn 1.93 Bn 394.44 Mn 87.84 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 87.84 Mn
Mar 31, 2026 103.33 Mn
Dec 31, 2025 95.47 Mn
Sep 30, 2025 100.63 Mn
Jun 30, 2025 88.70 Bn
Mar 31, 2025 79.30 Mn
Dec 31, 2024 77.41 Mn
Sep 30, 2024 81.68 Mn
Jun 30, 2024 82.01 Mn
Mar 31, 2024 110.81 Mn
Dec 31, 2023 85.89 Mn
Sep 30, 2023 91.65 Mn
Jun 30, 2023 101.80 Mn
Mar 31, 2023 101.21 Mn
Dec 31, 2022 -136.25 Bn
Sep 30, 2022 -125.99 Bn
Jun 30, 2022 -114.62 Bn
Mar 31, 2022 -112.18 Bn
Dec 31, 2021 -112.68 Bn
Sep 30, 2021 -104.36 Bn
API Access

Vermilion Energy Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-expenses&ticker=VET&period=max&api_key=YOUR_API_KEY