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Vermilion Energy Inc. (VET) Announces Financial Results for Q1 2026
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Vermilion Energy Inc. (NYSE:VET) is one of the best small cap stocks to buy for 10x potential. Vermilion Energy Inc. (NYSE:VET) announced financial results for fiscal Q1 2026 on May 6, reporting that it generated $232 million ($1.52/basic share) of fund flows from operations and $98 million of free cash flow, fully funding $135 million of exploration and development capital expenditures. It also stated that the cost structure of controllable expenses reduced by 25% in Q1 2026 from Q1 2025, while reducing net debt by $50 million to $1.29 billion at March 31, 2026, and bringing net debt reduction to $770 million over the past 12 months. Vermilion Energy Inc. (NYSE:VET) returned $27 million to shareholders through dividends and share buybacks, which includes $21 million in dividends and the repurchase and cancellation of 0.4 million shares. It also offered insight into production, reporting that production averaged 125,618 boe/d (72% natural gas), increasing 4% quarter-over-quarter and 22% from fiscal Q1 2025. This comprised 99,746 boe/ from Canadian assets and 25,872 boe/d from International assets. Vermilion Energy Inc. (NYSE:VET) acquires, explores, develops, and produces oil and natural gas. The company operates through the following geographical segments: Canada, the United States of America, France, the Netherlands, Germany, Ireland, Australia, and Corporate. While we acknowledge the potential of VET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow. Disclosure: None. Follow Insider Monkey on Google News.
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