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CALGARY, AB, Oct. 21, 2026 /PRNewswire/ -- Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Company") (TSX: VET) (NYSE: VET) will release its 2026 third quarter operating and condensed financial results on Wednesday, November 4, 2026, before the open of North American markets. The unaudited interim financial statements and management discussion and analysis for the three and nine months ended September 30, 2026 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar.shtml, and on Vermilion's website at www.vermilionenergy.com.
Vermilion Energy remains a Strong Buy, trading at a deep discount amid its ongoing portfolio transformation. VET is nearing a major cash flow inflection, with Montney and European projects ramping, targeting C$1.7B EFCF from 2026–2030 on realistic commodity assumptions. Production per share is up 6% YTD, net debt is falling, and a new buyback program plus a ~3% dividend supports robust shareholder returns.
Engineers Gate Manager LP raised its stake in Vermilion Energy Inc. (NYSE: VET) (TSE: VET) by 212.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,429 shares of the oil and gas company's stock after buying an additional 117,219
Vermilion Energy is rated a buy with roughly 25 to 30 percent probability-weighted upside. The market prices the stock as if its hedges never expire, but they roll off contractually. Hedged production falls from 47 percent for the remainder of 2026 to roughly 30 percent through 2028. VET earned $20.55 per BOE last quarter and $25.65 before hedging losses. Continuing operations production rose 4.3 percent to 125,787 BOE per day. European gas is only 13 percent of volumes but drives a realized gas price more than triple AECO.
Vermilion Energy Inc. delivered strong top and bottom-line results, surpassing consensus and significantly improving its financial profile through aggressive deleveraging. Vermilion Energy's global footprint enables exposure to Brent oil and European gas benchmarks, but recent hedging losses from surging EU gas prices have weighed on earnings. Despite a low P/FFO multiple of 2.44x and a >3% forward yield, Vermilion Energy trades at a steep discount to peers, reflecting market concerns over its hedgebook and global exposure.
Vermilion Energy offers diversified production with premium European gas exposure, differentiating it from typical Canadian E&Ps. Q2 results exceeded production guidance without increasing capex, driving strong free cash flow and improved operational efficiency. Despite attractive valuation (~0.66x NAV, ~50% implied upside), VET's high net debt and commodity/regulatory risks justify a Hold rating.
Vermilion Energy NYSE: VET reported second-quarter production above the top end of its guidance range, increased its full-year output outlook without raising its capital budget, and expanded its shareholder-return target as debt reduction continued.
Valuation Assessment of Vermilion Energy Inc (VET) On July 31, 2026, Vermilion Energy Inc (VET) shares rose 3.6% to a current price of $11.92, continuing a p