Atb Cap Markets Cuts Earnings Estimates for Vermilion Energy

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) – Research analysts at Atb Cap Markets decreased their Q4 2024 earnings estimates for shares of Vermilion Energy in a research report issued on Thursday, November 7th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.64 per share for the quarter, down from their previous forecast of $0.71. The consensus estimate for Vermilion Energy’s current full-year earnings is $1.40 per share. Atb Cap Markets also issued estimates for Vermilion Energy’s Q1 2025 earnings at $0.62 EPS, Q2 2025 earnings at $0.62 EPS, Q3 2025 earnings at $0.46 EPS, Q4 2025 earnings at $0.54 EPS, FY2025 earnings at $2.25 EPS, FY2026 earnings at $1.37 EPS and FY2027 earnings at $0.87 EPS.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.45 by C($0.12). Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. The firm had revenue of C$490.10 million for the quarter, compared to analyst estimates of C$497.45 million.

Several other equities analysts also recently commented on VET. Royal Bank of Canada lowered their price target on Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. TD Securities decreased their price target on shares of Vermilion Energy from C$20.00 to C$18.00 in a report on Tuesday, October 1st. JPMorgan Chase & Co. dropped their price objective on Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. BMO Capital Markets downgraded Vermilion Energy from an “outperform” rating to a “market perform” rating and decreased their target price for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. Finally, Desjardins dropped their price target on Vermilion Energy from C$21.00 to C$20.00 and set a “buy” rating on the stock in a research report on Tuesday, August 6th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Vermilion Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of C$19.36.

Vermilion Energy Price Performance

Shares of VET opened at C$13.99 on Friday. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. The firm has a market cap of C$2.18 billion, a PE ratio of -2.74, a PEG ratio of -0.02 and a beta of 2.60. Vermilion Energy has a twelve month low of C$11.87 and a twelve month high of C$18.53. The firm’s 50 day moving average price is C$13.32 and its 200 day moving average price is C$14.62.

Insider Buying and Selling at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 5,000 shares of Vermilion Energy stock in a transaction dated Wednesday, August 21st. The shares were bought at an average price of C$13.54 per share, with a total value of C$67,700.00. Corporate insiders own 0.16% of the company’s stock.

Vermilion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.43%. The ex-dividend date of this dividend was Friday, September 27th. Vermilion Energy’s dividend payout ratio is -9.39%.

About Vermilion Energy

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.