Vermilion Energy (VET) Research & Development (2010 - 2026)
Vermilion Energy's (VET) quarterly Research & Development came in at -$316475.3 in Q1 2026, up 96.9% year-on-year from -$160727.8 in Q1 2025, and up 99.94% on a QoQ basis from -$560.2 million in Q3 2025.
Vermilion Energy (VET) Research & Development (2010 - 2026) Analysis & Trends
Vermilion Energy (VET) has 17 years of Research & Development data on file, last reported at -$316475.3 in Q1 2026.
- On a quarterly basis, Research & Development rose 96.9% year-over-year to -$316475.3 in Q1 2026; TTM through Mar 2026 was -$573.8 million, a 94.43% increase from a year earlier, with the FY2024 full-year figure at -$8.5 billion, changed N/A from the prior year.
- Research & Development for Q1 2026 stood at -$316475.3, up from -$560.2 million in the prior quarter.
- Over the last five years, Research & Development for VET reached as high as -$316475.3 in Q1 2026 and fell as low as -$8.5 billion in Q4 2024.
- Historically, Research & Development has averaged -$778.2 million across 5 years, with a median of -$3.9 million in 2023.
- Across the five-year window, Research & Development sank 38673.58% in 2024 and surged 96.9% in 2026, its largest moves.
- Year by year, Research & Development stood at -$4.7 million in 2022, then grew by 1.16% to -$4.7 million in 2023, then sank by 182507.18% to -$8.5 billion in 2024, then surged by 93.4% to -$560.2 million in 2025, then surged by 99.94% to -$316475.3 in 2026.
- Per Business Quant data, the three most recent Research & Development figures were -$316475.3 in Q1 2026, -$560.2 million in Q3 2025, and -$3.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 109.00 Mn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 45.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 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 | 110.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | - |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 25.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 14.00 Mn |
| 10 | Vermilion Energy | 1.62 Bn | 1.43 Bn | - | -316,475.27 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -316,475.27 |
| Sep 30, 2025 | -560.24 Mn |
| Jun 30, 2025 | -3.07 Mn |
| Mar 31, 2025 | -10.21 Mn |
| Dec 31, 2024 | -8.49 Bn |
| Sep 30, 2024 | -1.80 Bn |
| Jun 30, 2024 | -921,237.09 |
| Mar 31, 2024 | -6.04 Mn |
| Sep 30, 2023 | -4.65 Mn |
| Jun 30, 2023 | -2.07 Mn |
| Mar 31, 2023 | -1.10 Mn |
| Sep 30, 2022 | -4.71 Mn |
| Jun 30, 2022 | -2.87 Mn |
| Mar 31, 2022 | -1.98 Mn |
| Dec 31, 2021 | 35.41 Bn |
| Sep 30, 2021 | 6.83 Bn |
| Jun 30, 2021 | -1.20 Mn |
| Mar 31, 2021 | -3.04 Mn |
| Dec 31, 2020 | 5.93 Bn |
| Sep 30, 2020 | 1.18 Bn |