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
DateValue
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