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Vermilion Energy Shareholders Back Board, Auditor and Pay Plan at May 6 AGM

Tipranks - Fri May 8, 5:16PM CDT

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An announcement from Vermilion Energy ( (TSE:VET) ) is now available.

Vermilion Energy Inc. reported the results of its annual meeting of shareholders held on May 6, 2026, in Calgary, where 79,024,098 common shares, representing 51.79% of outstanding shares, were voted. Shareholders approved fixing the board at eight directors, elected all eight nominees with strong majorities, reappointed Deloitte LLP as auditors, and endorsed the company’s executive compensation approach on an advisory basis.

The vote outcomes, with support levels generally above 90% across resolutions, signal broad shareholder backing for Vermilion’s current governance, leadership and pay practices. Directors Carin S. Knickel and William B. Roby retired from the board at the end of their terms and were formally thanked for their service, marking a modest refresh of the company’s board without altering its overall strategic direction.

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 global natural gas producer focused on acquiring, exploring and developing liquids-rich natural gas in Canada and conventional natural gas in Europe, while also optimizing low-decline oil assets. The company emphasizes per-share value creation from long-life assets that capture top-decile realized gas prices, alongside priorities of health and safety, environmental protection and strategic community investment.

Average Trading Volume: 1,436,042

Technical Sentiment Signal: Buy

Current Market Cap: C$2.47B

See more data about VET stock on TipRanks’ Stock Analysis page.

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