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

Vermilion Energy (VET) reported Operating Expenses of $103.3 million for Q1 2026, up 30.31% year-over-year from $79.3 million in Q1 2025, and up 100.03% quarter-over-quarter from -$375.4 billion in Q3 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.

  • Operating Expenses for Q1 2026 came in at $103.3 million, up 30.31% year-over-year; the trailing twelve-month figure through Mar 2026 was -$612.2 billion (down 77.32% YoY), and the FY2025 annual result was $170.0 million, down 46.77% from the prior year.
  • Operating Expenses grew to $103.3 million in Q1 2026 per VET's latest filing, from -$375.4 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $745.0 million in Q4 2022 and troughed at -$396.4 billion in Q3 2023.
  • A 5-year average of -$132.5 billion and a median of -$113.4 billion in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 100.18% in 2022, then sank 2382575.96% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $745.0 million in 2022, then plunged by 15795.27% to -$116.9 billion in 2023, then dropped by 4.11% to -$121.7 billion in 2024, then plunged by 208.35% to -$375.4 billion in 2025, then soared by 100.03% to $103.3 million in 2026.
  • Business Quant data shows VET's Operating Expenses at $103.3 million in Q1 2026, -$375.4 billion in Q3 2025, and -$236.9 billion in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 631.53 Bn 625.59 Bn - -
2 Canadian Natural Resources 402.73 Bn 402.73 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 145.39 Bn 139.02 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 74.61 Bn 70.76 Bn - 4.32 Bn
5 Occidental Petroleum 57.00 Bn 53.82 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 56.03 Bn 62.20 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 36.26 Bn 35.65 Bn 472.36 Mn -52.32 Mn
8 Eqt 33.02 Bn 36.36 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 32.76 Bn 32.57 Bn 370.10 Mn 103.33 Mn
10 Devon Energy 27.78 Bn 27.78 Bn 3.61 Bn 3.64 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 103.33 Mn
Sep 30, 2025 -375.39 Bn
Jun 30, 2025 -236.90 Bn
Mar 31, 2025 79.30 Mn
Dec 31, 2024 -121.74 Bn
Sep 30, 2024 -111.43 Bn
Jun 30, 2024 -112.17 Bn
Mar 31, 2024 -149.31 Bn
Dec 31, 2023 -116.94 Bn
Sep 30, 2023 -396.44 Bn
Jun 30, 2023 -273.57 Bn
Mar 31, 2023 18.66 Mn
Dec 31, 2022 745.05 Mn
Sep 30, 2022 16.64 Mn
Jun 30, 2022 -114.62 Bn
Mar 31, 2022 -112.18 Bn
Dec 31, 2021 -413.01 Bn
Sep 30, 2021 -104.36 Bn
Jun 30, 2021 -99.74 Bn
Mar 31, 2021 76.04 Mn