Vermilion Energy Q3 turns to net loss of CAD 34.64 million
VET•Vermilion Energy reported a third-quarter 2026 net loss of CAD 34.64 million, compared with a year-earlier profit of CAD 2.56 million. Petroleum and natural gas sales rose 32% to CAD 593.86 million, while derivative instruments recorded a loss of CAD 292.05 million.
1. Quarterly results
Vermilion Energy swung to a third-quarter 2026 net loss of CAD 34.64 million from a year-earlier profit of CAD 2.56 million. Petroleum and natural gas sales rose 32% year over year to CAD 593.86 million. Derivative instruments generated a loss of CAD 292.05 million, compared with a gain of CAD 67.3 million a year earlier.
2. Croatia asset sale
The company completed the sale of Croatia’s block SA-07 assets on August 17, 2026, for net proceeds of CAD 26.5 million.
