Vermilion Energy stock reports loss as 2027 investment rises
Published on 11/05/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly loss meets expansion plans
- Vermilion Energy posted a third-quarter net loss driven mainly by non-cash derivative losses.
- Fund flows from operations reached CAD 236.919 million, while free cash flow totaled CAD 90.453 million.
- The 2027 plan targets production of 122,000 to 126,000 barrels of oil equivalent per day.
- The company is targeting a 4% increase in its quarterly dividend, subject to board approval.
Vermilion Energy reported its third-quarter and nine-month results for the period ended September 30, 2026, on Wednesday, November 4. The company recorded a net loss of CAD 34.640 million, or CAD 0.23 per basic share, compared with net earnings of CAD 2.557 million a year earlier. The BOE Report published the company release carried by CNW.
Cash flow remains positive
Fund flows from operations, a non-GAAP measure, reached CAD 236.919 million, or CAD 1.55 per basic share. Free cash flow was CAD 90.453 million after CAD 146.466 million of exploration and development spending. The result was supported by stronger European gas and crude oil pricing, while unrealized derivative losses of CAD 245.187 million weighed on reported earnings.
Production averaged 117,349 barrels of oil equivalent per day in the quarter, with natural gas accounting for 71%. Planned maintenance in Ireland, Germany and Canada affected the period, but the company said production had been fully restored in September. Net debt stood at CAD 1.165 billion at September 30, down by about CAD 60 million during the quarter.
Higher investment planned for 2027
Vermilion's board approved a 2027 exploration and development budget of CAD 675 million to CAD 725 million. Production guidance is 122,000 to 126,000 barrels of oil equivalent per day, also with an estimated 71% natural-gas share. The company expects fourth-quarter 2026 production of 121,000 barrels of oil equivalent per day and full-year production of about 122,400.
Vermilion plans to invest in its Canadian liquids-rich gas assets and increase spending across international assets, including Germany and the Netherlands. It is targeting a 4% increase in the quarterly cash dividend to CAD 0.14 for the first quarter of 2027, subject to board approval in March 2027. The declared quarterly dividend for the current period is CAD 0.135 per common share, payable December 31, 2026.
Current trading level
Vermilion Energy stock traded at 9.63 euros on Lang & Schwarz at 13:31 CET on Thursday, November 5, 2026. The real-time quote of Vermilion Energy stock provides the latest market level.
Vermilion Energy trading and results
- Company: Vermilion Energy Inc.
- ISIN: CA9237251058
- Ticker: VET
- Lang & Schwarz quote: 9.63 euros at 13:31 CET on November 5, 2026
- Third-quarter net loss: CAD 34.640 million
- Third-quarter fund flows from operations: CAD 236.919 million
Global energy markets remain an important driver for producers such as Vermilion; current market developments in the S&P 500 provide broader risk context.
