15 Best Small Cap Stocks to Buy for 10x Potential

10. Vermilion Energy Inc. (NYSE:VET)

Number of Hedge Fund Holders: 22

Vermilion Energy Inc. (NYSE:VET) is one of the best small cap stocks to buy for 10x potential. Vermilion Energy Inc. (NYSE:VET) announced financial results for fiscal Q1 2026 on May 6, reporting that it generated $232 million ($1.52/basic share) of fund flows from operations and $98 million of free cash flow, fully funding $135 million of exploration and development capital expenditures. It also stated that the cost structure of controllable expenses reduced by 25% in Q1 2026 from Q1 2025, while reducing net debt by $50 million to $1.29 billion at March 31, 2026, and bringing net debt reduction to $770 million over the past 12 months.

Vermilion Energy Inc. (NYSE:VET) returned $27 million to shareholders through dividends and share buybacks, which includes $21 million in dividends and the repurchase and cancellation of 0.4 million shares. It also offered insight into production, reporting that production averaged 125,618 boe/d (72% natural gas), increasing 4% quarter-over-quarter and 22% from fiscal Q1 2025. This comprised 99,746 boe/ from Canadian assets and 25,872 boe/d from International assets.

Vermilion Energy Inc. (NYSE:VET) acquires, explores, develops, and produces oil and natural gas. The company operates through the following geographical segments: Canada, the United States of America, France, the Netherlands, Germany, Ireland, Australia, and Corporate.