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Vermilion Energy ( (TSE:VET) ) just unveiled an update.
Vermilion Energy Inc. held its annual general meeting of shareholders virtually on May 6, 2026, with 79,024,098 common shares represented, accounting for 51.79% of eligible shares. Shareholders approved an ordinary resolution to fix the board size at eight directors and elected all eight nominated directors with strong majorities, generally above 90% support.
Investors also reappointed Deloitte LLP as Vermilion’s auditors for the ensuing year, with 98.49% of votes cast in favour, and gave 96.97% support in a non-binding vote endorsing the company’s approach to executive compensation. The results signal solid shareholder backing for Vermilion’s current governance structure, board composition and pay practices, reinforcing management’s mandate as it continues to operate in the North American energy sector.
The most recent analyst rating on (TSE:VET) stock is a Buy with a C$24.00 price target. To see the full list of analyst forecasts on Vermilion Energy stock, see the TSE:VET Stock Forecast page.
Spark’s Take on VET Stock
According to Spark, TipRanks’ AI Analyst, VET is a Neutral.
The score is driven primarily by mixed financial performance—strong operating cash flow and moderate leverage, but pressured earnings (TTM net loss) and soft revenue. Technicals add meaningful support as price is in a clear uptrend with positive momentum. The earnings call further boosts the outlook with constructive guidance and sizable 2P reserves growth, while valuation is tempered by the negative P/E despite a moderate dividend yield.
To see Spark’s full report on VET stock, click here.
More about Vermilion Energy
Vermilion Energy Inc. is a Calgary, Alberta-based energy company operating as a foreign private issuer in the U.S. capital markets. The company is listed under Commission File Number 001-35829 and reports under Form 40-F, reflecting its compliance with Canadian and U.S. securities disclosure requirements.
Average Trading Volume: 1,436,042
Technical Sentiment Signal: Buy
Current Market Cap: C$2.47B
See more insights into VET stock on TipRanks’ Stock Analysis page.