VERMILION ENERGY INC.
In the published model solve dated 2026-Q2, anchored at $12.84, VERMILION ENERGY INC. (VET) is priced for today's economics sustained for ~5.8 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 19, 2026 from SEC EDGAR filings.
• Vermilion is an international gas producer whose distinguishing feature is direct European exposure: Q1 2026 output averaged 125,618 barrels of oil equivalent a day, roughly 72 percent gas, split across Canadian gas, European gas priced off premium hubs, and liquids [Source: Vermilion Q1 2026 results, May 2026]. • The risk is leverage on a cyclical business: interest is covered only about 1.2 times, and net debt sits close to eight times mid-cycle operating income, so a downswing in gas prices
Is VET overvalued? See what's priced in →
152 institutional managers reported holding VET in 13F filings for the quarter ended 2026-03-31. Together they hold about 53% of the company; the top 10 hold 30%. 24 opened new positions that quarter. Held by Vanguard Group, Morgan Stanley, Millennium Management, among others. On the short side, 12.4M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (8.8 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
VET has cut its share count 4.5% over the past five years. It pays a dividend. Cash returned over the past three years: $99.35M in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 19, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.