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