Company Analysis

Vermilion Energy Inc. (VET)

NYSE: VET · Crude Petroleum & Natural Gas · Calgary, AB · filing with the SEC since 2004
Grade4.8
◀ Past 6.2● Present 3.7▶ Future 4.1
2 est.

The grade of Vermilion Energy Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.8/10
◀ Past6.240% of the headline
● Present3.735% of the headline
▶ Future4.125% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.2/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.7/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 77th percentile among 83 sector filers · read for itself

From the record

Vermilion Energy Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.0/10

What has it actually done, year after year?

+8.8% a year over 10 filed years; profitable in 5 of 10.

weight 33% of this tense · 40th percentile among 74 sector filers · read for its customers

From the record

Vermilion Energy Inc.'s 10 filed years say what it did: revenue went from CAD 829 million in fiscal 2016 to CAD 1.8 billion in fiscal 2025, up 8.8% a year; it rose in 6 of 9 years; the deepest fall was 55% from fiscal 2022 to fiscal 2024; net income was positive in 5 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span8.8%bottom 40% of its family
  • the share of years revenue rosetop 28% of its family
  • the share of filed years with a profitbottom 29% of its family
  • the deepest fall from a revenue peak54.7%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.5/10

How has it treated the people who own it?

Share count shrank 1.4% a year. 12% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 65th percentile among 61 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2024-12-31, Vermilion Energy Inc.'s diluted share count shrank about 1.4% a year, and dividends and buybacks returned about 12% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 24% of its family
  • cash returned against operating cash flowtop 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

3.7/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.1/10

Is it financially healthy right now?

ROE -2%: lost 2¢ per shareholder dollar. Leverage 54%: owes 54¢ per asset dollar.

weight 45% of this tense · 51st percentile among 76 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2024-12-31, Vermilion Energy Inc. lost about 2 cents for every dollar of shareholders' money. Leverage: it owed about 54 cents per dollar of assets, and net share issuance: its share count shrank 3.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 38% of its family
  • return on equitybottom 26% of its family
  • the share count against the year beforetop 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.2/10

How strong is its position in its industry?

bottom 12% of 76 in its family; net margin -37%.

weight 33% of this tense · 12th percentile among 76 sector filers · read for its customers

From the record

Vermilion Energy Inc.'s standing among 76 graded names in its industry family: revenue of CAD 1.8 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of -37% ranks in the bottom 14%; revenue growth of -19.7% a year over the last 3 filed years ranks in the bottom 10% (its annual reports).

What it rests on

  • net margin-37.0%bottom 14% of its family
  • three-year revenue growth-19.7%bottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.7/10

What are the people in charge doing?

SI estimate 4.7/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 58 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 58 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 58 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Vermilion Energy Inc.'s leadership is put at 4.7 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 58 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.1/1025% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

SI estimate
4.9/10

How much room does it have to grow?

SI estimate 4.9/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 74 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
The record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue, so the desk assumes the typical reading of its industry family, the median of 74 members with one.
What the record cannot read
The record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
How it was reasoned
family median, 74 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Vermilion Energy Inc.'s room to expand is put at 4.9 of 10 with a confidence of 20 of 100, because the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue, so the desk assumes the typical reading of its industry family, the median of 74 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Growth drivers

as filed
4.1/10

What could actually drive growth from here?

bottom 41% of 72 in its family for growth drivers.

weight 33% of this tense · 41st percentile among 72 sector filers · read for its customers

From the record

Vermilion Energy Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -19.7% a year over the last three filed years against 8.8% over all 10, slowing (bottom 13% of its family); the newest year grew 14.2% (top 31%) (its annual reports). Vermilion Energy Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-28.5 points a yearbottom 13% of its family
  • the newest year's revenue growth14.2%top 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.6/10

Did its newest year beat what its own record pointed to?

bottom 36% of 69 in its family for expectations against reality.

weight 45% of this tense · 36th percentile among 69 sector filers · read for its shareholders

From the record

Vermilion Energy Inc.'s newest year against its own record: revenue of CAD 1.8 billion in fiscal 2025 came in 69.6% above the CAD 1.0 billion its prior three years' pace pointed to (top 14% of its family); net income of CAD 654 million against a prior three-year average of CAD 343 million (bottom 11%); a net margin of -37% against 7.9% before (bottom 11%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace69.6%top 14% of its family
  • net income against the prior three years' average-291%bottom 11% of its family
  • net margin against its prior average-44.9 pointsbottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton VET · research, not advice