Vermilion Energy (VET) Tax Provisions (2009 - 2026)
Vermilion Energy (VET) posted quarterly Tax Provisions of $6.6 million for Q2 2026, up 100.02% year-over-year from $3.3 million in Q2 2025, and down 21.89% quarter-over-quarter from $8.5 million in Q1 2026.
Vermilion Energy (VET) Tax Provisions (2009 - 2026) Analysis & Trends
Vermilion Energy (VET) has reported Tax Provisions for 18 consecutive years, with $6.6 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions rose 100.02% year-over-year to $6.6 million; the TTM figure through Jun 2026 stood at $7.1 billion (up 109.75% YoY), while the FY2025 annual figure was -$26.0 billion, down 138697.97% from the prior year.
- Tax Provisions declined to $6.6 million in Q2 2026 per VET's latest filing, from $8.5 million in the prior quarter.
- Across five years, Tax Provisions topped out at $110.8 billion in Q4 2023 and bottomed at -$72.6 billion in Q3 2023.
- Historically, Tax Provisions has averaged -$8.0 billion across 5 years, with a median of -$13.5 billion in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 102891044.51% — and 2023, when it sank 170400.8%.
- Vermilion Energy's Tax Provisions stood at $411.5 million in 2022, then surged by 26815.71% to $110.8 billion in 2023, then slumped by 100.02% to -$19.0 million in 2024, then jumped by 220981.45% to $42.0 billion in 2025, then plunged by 99.98% to $6.6 million in 2026.
- Business Quant data shows VET's Tax Provisions at $6.6 million in Q2 2026, $8.5 million in Q1 2026, and $42.0 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 2.15 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 775.70 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 775.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 580.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 473.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 915.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 84.93 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 39.77 Mn |
| 10 | Vermilion Energy | 1.95 Bn | 1.89 Bn | 21.33 Mn | 6.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.64 Mn |
| Mar 31, 2026 | 8.51 Mn |
| Dec 31, 2025 | 41.97 Bn |
| Sep 30, 2025 | -34.85 Bn |
| Jun 30, 2025 | -41.35 Bn |
| Mar 31, 2025 | -19.06 Bn |
| Dec 31, 2024 | -19.00 Mn |
| Sep 30, 2024 | -12.71 Bn |
| Jun 30, 2024 | -14.20 Bn |
| Mar 31, 2024 | -25.64 Bn |
| Dec 31, 2023 | 110.76 Bn |
| Sep 30, 2023 | -72.56 Bn |
| Jun 30, 2023 | -41.19 Bn |
| Mar 31, 2023 | -22.26 Bn |
| Dec 31, 2022 | 411.50 Mn |
| Sep 30, 2022 | 42.61 Mn |
| Jun 30, 2022 | -69.50 Bn |
| Mar 31, 2022 | 56.09 Bn |
| Dec 31, 2021 | -32.23 Bn |
| Sep 30, 2021 | 4.65 Mn |