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
DateValue
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