Earnings ·
Vermilion Energy Inc. reported second quarter 2026 results with production averaging 125,789 boe/d, exceeding guidance…
VETVermilion Energy Inc.
Vermilion Energy Inc. reported second quarter 2026 results with production averaging 125,789 boe/d, exceeding guidance and driving an increase in full-year production outlook to 121,000–123,000 boe/d while maintaining E&D capital expenditures at $600–$630 million. The company generated $231 million in fund flows from operations and reduced net debt by approximately $70 million to $1.22 billion. Management declared a quarterly cash dividend of $0.135 per common share, payable on September 29, 2026, to shareholders of record on September 15, 2026. Additionally, Vermilion announced an updated return of capital framework targeting 40% to 60% of excess free cash flow for shareholders and closed a post-quarter acquisition in Germany adding approximately 1,000 boe/d of production. The company operates in the oil and gas industry, focusing on exploration, development, and production of crude oil and natural gas.