Vermilion Energy (VET) Research & Development (2010 - 2026)
Vermilion Energy (VET) posted quarterly Research & Development of -$44821.4 for Q2 2026, up 98.54% year-over-year from -$22575.6 in Q2 2025, and up 85.84% quarter-over-quarter from -$316475.3 in Q1 2026.
Vermilion Energy (VET) Research & Development (2010 - 2026) Analysis & Trends
Vermilion Energy (VET) has reported Research & Development for 17 consecutive years, with -$44821.4 the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 98.54% year-over-year to -$44821.4; the TTM figure through Jun 2026 stood at -$17.7 million (up 98.62% YoY), while the FY2017 annual figure was $8.6 million, up 1419.8% from the prior year.
- Research & Development rose to -$44821.4 in Q2 2026 per VET's latest filing, from -$316475.3 in the prior quarter.
- Across five years, Research & Development topped out at -$44821.4 in Q2 2026 and bottomed at -$8.1 billion in Q1 2024.
- Historically, Research & Development has averaged -$1.2 billion across 5 years, with a median of -$8.7 million in 2024.
- Annual changes were most pronounced in 2023 — Research & Development slumped 96434.88% — and 2025, when it soared 99.87%.
- Vermilion Energy's Research & Development stood at -$4.7 million in 2022, then tumbled by 90580.7% to -$4.3 billion in 2023, then surged by 99.8% to -$8.7 million in 2024, then plunged by 64.4% to -$14.3 million in 2025, then jumped by 99.69% to -$44821.4 in 2026.
- Business Quant data shows VET's Research & Development at -$44821.4 in Q2 2026, -$316475.3 in Q1 2026, and -$14.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.00 Bn | 156.31 Bn | 12.81 Bn | 75.00 Mn |
| 2 | Canadian Natural Resources | 106.56 Bn | 104.66 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.39 Bn | 75.48 Bn | - | 47.00 Mn |
| 4 | Diamondback Energy | 59.33 Bn | 58.87 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.17 Bn | 40.23 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.16 Bn | 45.15 Bn | 6.02 Bn | 16.00 Mn |
| 7 | Occidental Petroleum | 39.38 Bn | 35.23 Bn | 7.73 Bn | 37.00 Mn |
| 8 | Eqt | 33.99 Bn | 33.88 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.51 Bn | 26.27 Bn | - | - |
| 10 | Vermilion Energy | 1.96 Bn | 1.90 Bn | 21.33 Mn | -44,821.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -44,821.37 |
| Mar 31, 2026 | -316,475.27 |
| Sep 30, 2025 | -14.30 Mn |
| Jun 30, 2025 | -3.07 Mn |
| Mar 31, 2025 | -10.21 Mn |
| Sep 30, 2024 | -8.70 Mn |
| Jun 30, 2024 | -1.26 Bn |
| Mar 31, 2024 | -8.14 Bn |
| Dec 31, 2023 | -4.27 Bn |
| Sep 30, 2023 | -4.65 Mn |
| Jun 30, 2023 | -2.78 Bn |
| Mar 31, 2023 | -1.49 Bn |
| Sep 30, 2022 | -4.71 Mn |
| Jun 30, 2022 | -2.87 Mn |
| Mar 31, 2022 | -1.98 Mn |
| Sep 30, 2021 | -2.60 Mn |
| Jun 30, 2021 | -3.07 Mn |
| Mar 31, 2021 | 4.95 Mn |
| Sep 30, 2020 | -1.18 Mn |
| Jun 30, 2020 | 78,611.23 |