Atb Cap Markets Has Negative Outlook of TSE:VET Q4 Earnings

Vermilion Energy Inc. (TSE:VET - Free Report) NYSE: VET - Research analysts at Atb Cap Markets cut their Q4 2024 EPS estimates for Vermilion Energy in a research note 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.

VET has been the topic of a number of other reports. Royal Bank of Canada cut their price target on Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. BMO Capital Markets lowered shares of Vermilion Energy from an "outperform" rating to a "market perform" rating and cut their target price for the stock from C$20.00 to C$16.00 in a research note on Friday, October 4th. Canaccord Genuity Group decreased their price target on shares of Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. TD Securities cut their price objective on shares of Vermilion Energy from C$20.00 to C$18.00 in a research report on Tuesday, October 1st. Finally, JPMorgan Chase & Co. reduced their target price on Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Vermilion Energy has a consensus rating of "Moderate Buy" and a consensus price target of C$19.36.

Vermilion Energy Trading Down 1.9 %

Shares of TSE VET traded down C$0.27 during midday trading on Friday, reaching C$13.72. The stock had a trading volume of 743,968 shares, compared to its average volume of 770,258. The company's 50 day moving average price is C$13.32 and its 200 day moving average price is C$14.62. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. Vermilion Energy has a twelve month low of C$11.87 and a twelve month high of C$18.53. The firm has a market cap of C$2.14 billion, a price-to-earnings ratio of -2.74, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last announced its earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.45 by C($0.12). The company had revenue of C$490.10 million for the quarter, compared to the consensus estimate of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%.

Insider Transactions at Vermilion Energy

In related news, Director Myron Maurice Stadnyk purchased 5,000 shares of the business's stock in a transaction dated Wednesday, August 21st. The stock was purchased at an average cost 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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.12 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 3.50%. Vermilion Energy's dividend payout ratio is presently -9.39%.

Vermilion Energy Company Profile

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.