Vermilion Energy Inc. is the subject of an amended Schedule 13G filing reporting passive ownership of its common shares by several Millennium-affiliated entities and an individual. Integrated Core Strategies (Asia) Pte. Ltd. reports beneficial ownership of 4,668,383 shares, representing 3.1% of Vermilion’s common shares.
Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander each report beneficial ownership of 5,442,278 shares, or 3.6% of the class, based on 152.8 million shares outstanding as of January 31, 2026. The filing states these securities are held by entities over which Millennium and related parties have voting and investment control, and it certifies they are not held for the purpose of changing or influencing control of Vermilion.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Vermilion Energy Inc.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
923725105
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
923725105
1
Names of Reporting Persons
Integrated Core Strategies (Asia) Pte. Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
SINGAPORE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
4,668,383.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
4,668,383.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,668,383.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.1 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP No.
923725105
1
Names of Reporting Persons
Millennium Management LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,442,278.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,442,278.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,442,278.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.6 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
923725105
1
Names of Reporting Persons
Millennium Group Management LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,442,278.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,442,278.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,442,278.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.6 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
923725105
1
Names of Reporting Persons
Israel A. Englander
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,442,278.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,442,278.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,442,278.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
Integrated Core Strategies (Asia) Pte. Ltd.
Millennium Management LLC
Millennium Group Management LLC
Israel A. Englander
(b)
Address or principal business office or, if none, residence:
Integrated Core Strategies (Asia) Pte. Ltd.
c/o Millennium Management LLC
399 Park Avenue
New York, New York 10022
Millennium Management LLC
399 Park Avenue
New York, New York 10022
Millennium Group Management LLC
399 Park Avenue
New York, New York 10022
Israel A. Englander
c/o Millennium Management LLC
399 Park Avenue
New York, New York 10022
(c)
Citizenship:
Integrated Core Strategies (Asia) Pte. Ltd. - Singapore
Millennium Management LLC - Delaware
Millennium Group Management LLC - Delaware
Israel A. Englander - United States
(d)
Title of class of securities:
Common Shares
(e)
CUSIP No.:
923725105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See response to Item 9 on each cover page.
(b)
Percent of class:
See response to Item 11 on each cover page.
Based on 152.8 million shares outstanding as of January 31, 2026, as disclosed by the issuer here: https://www.vermilionenergy.com/wp-content/uploads/2026/02/Vermilion-Energy-Corporate-Presentation-February-2026.pdf
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See response to Item 5 on each cover page.
(ii) Shared power to vote or to direct the vote:
See response to Item 6 on each cover page.
(iii) Sole power to dispose or to direct the disposition of:
See response to Item 7 on each cover page.
(iv) Shared power to dispose or to direct the disposition of:
See response to Item 8 on each cover page.
The securities disclosed herein as potentially beneficially owned by Millennium Management LLC, Millennium Group Management LLC and Mr. Englander are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers that may be controlled by Millennium Group Management LLC (the managing member of Millennium Management LLC) and Mr. Englander (the sole voting trustee of the managing member of Millennium Group Management LLC). The foregoing should not be construed in and of itself as an admission by Millennium Management LLC, Millennium Group Management LLC or Mr. Englander as to beneficial ownership of the securities held by such entities.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit I
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Integrated Core Strategies (Asia) Pte. Ltd.
Signature:
/s/ Woon Sing Ong
Name/Title:
Woon Sing Ong, Director
Date:
02/12/2026
Millennium Management LLC
Signature:
/s/ Gil Raviv
Name/Title:
Gil Raviv, Global General Counsel
Date:
02/12/2026
Millennium Group Management LLC
Signature:
/s/ Gil Raviv
Name/Title:
Gil Raviv, Global General Counsel
Date:
02/12/2026
Israel A. Englander
Signature:
/s/ Israel A. Englander
Name/Title:
Israel A. Englander
Date:
02/12/2026
Exhibit Information
Exhibit I: Joint Filing Agreement, dated as of February 12, 2026, by and among Integrated Core Strategies (Asia) Pte. Ltd., Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander.
What does this Schedule 13G/A disclose about Vermilion Energy Inc. (VET)?
The Schedule 13G/A discloses that Millennium-affiliated entities and Israel A. Englander beneficially own minority stakes in Vermilion Energy common shares, each below 5% of the class, and that these holdings are reported on a passive basis, not for influencing control of the company.
How many Vermilion Energy shares does Integrated Core Strategies (Asia) Pte. Ltd. report owning?
Integrated Core Strategies (Asia) Pte. Ltd. reports beneficial ownership of 4,668,383 Vermilion Energy common shares. This position represents 3.1% of the company’s outstanding common shares, based on 152.8 million Vermilion shares outstanding as of January 31, 2026, as referenced in the filing.
What is Millennium Management LLC’s beneficial ownership percentage in Vermilion Energy (VET)?
Millennium Management LLC reports beneficial ownership of 5,442,278 Vermilion Energy common shares. This stake represents 3.6% of the outstanding common shares, calculated using 152.8 million Vermilion shares outstanding as of January 31, 2026, as disclosed and referenced within the Schedule 13G/A filing.
How are Millennium Group Management LLC and Israel A. Englander reported in this Vermilion Energy filing?
Millennium Group Management LLC and Israel A. Englander each report beneficial ownership of 5,442,278 Vermilion Energy common shares, or 3.6% of the class. The filing explains these securities are held by entities subject to voting control and investment discretion by Millennium-affiliated managers and Mr. Englander.
Does the filing indicate an effort to change control of Vermilion Energy Inc. (VET)?
No. The certification explicitly states the securities were not acquired and are not held for the purpose or effect of changing or influencing control of Vermilion Energy, and are not held in connection with any transaction having that control-related purpose or effect, aside from limited proxy-nomination activities.
How many Vermilion Energy shares were outstanding for calculating these ownership percentages?
Ownership percentages are calculated using 152.8 million Vermilion Energy common shares outstanding as of January 31, 2026. This outstanding share figure is referenced in the ownership section, which cites Vermilion’s corporate presentation as the source for the total shares used in the percentage calculations.
What type of filing relationship is documented among the Millennium entities and Israel A. Englander?
The filing includes a Joint Filing Agreement, dated February 12, 2026, among Integrated Core Strategies (Asia) Pte. Ltd., Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander, confirming they are jointly filing this Schedule 13G/A regarding their Vermilion Energy common share ownership positions.
