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Vermilion Energy posts strong Q1 2026 with $232M cash flow, debt cut by $50M, and production growth.

Company Fundamentals
06 May 2026
PRNewsWire
View Source
Bullish
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Vermilion Energy reported robust Q1 2026 results, generating $232 million in fund flows from operations and $98 million in free cash flow, enabling $135 million in capital spending while reducing net debt by $50 million to $1.29 billion. Production rose 4% quarter-over-quarter to 125,618 boe/d, driven by strong Canadian and international operations, with liquids-rich gas wells performing ahead of schedule. Despite a net loss due to unrealized derivative losses linked to volatile commodity prices, the company strengthened its balance sheet and returned $27 million to shareholders through dividends and buybacks. Vermilion expects Q2 production to remain strong and full-year output to hit the top end of guidance, supported by ongoing operational excellence and strategic asset acquisitions in Europe.

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