Vermilion Energy Inc. VET

Company Overview

Vermilion Energy Inc. is an international oil and natural gas exploration and production company operating across multiple OECD jurisdictions. The company focuses on the acquisition, development, and production of conventional and unconventional oil and natural gas assets, with an emphasis on stable, long-life reserves and diversified commodity exposure. Its revenue is primarily generated from the sale of crude oil, natural gas, and natural gas liquids to industrial customers, utilities, and commodity marketers.

Founded in 1994, Vermilion initially focused on Canadian natural gas production before expanding internationally to reduce reliance on any single commodity or regulatory environment. Over time, the company built a differentiated portfolio with meaningful exposure to European natural gas markets, which historically have offered premium pricing relative to North America. Vermilion’s strategy has centered on disciplined capital allocation, reserve longevity, and generating free cash flow across commodity cycles.