Vermilion Energy cuts net debt by $70 million and declares $0.135 dividend

Vermilion Energy Inc. reported strong second‑quarter 2026 results, with production averaging 125,789 barrels of oil‑equivalent per day, 71% natural gas. The company generated $231 million in fund flows from operations and $122 million of free cash flow, fully funding $110 million of exploration and development spending.

Net debt was reduced by approximately $70 million to $1.22 billion, lowering interest expense by about 35% year‑over‑year. Vermilion updated its return‑of‑capital policy to target 40%‑60% of excess free cash flow for shareholders, up from the prior 40% goal, and returned $26 million to investors through dividends and share repurchases.

The firm also announced a cash dividend of $0.135 CAD per common share, payable on September 29, 2026 to shareholders of record on September 15, 2026.