Vermilion Energy Inc. expects Q2 2026 production to average 123,000-125,000 boe/d, with full-year production trending to the top end of its guidance range, supported by $600-$630 million in E&D capital expenditures.
Bullish
Vermilion Energy Inc. achieved strong FFO and FCF, reducing net debt to $1.29 billion, while production increased 22% from Q1 2025. Cost structure improved 25%, and Vermilion strategically acquired German assets.
Bearish
Vermilion Energy Inc. reported a $146 million net loss due to $286 million unrealized derivative losses from geopolitical events, alongside a 14% decrease in international production from operational downtime and natural declines.