Atb Cap Markets Issues Negative Outlook for TSE:VET Earnings

Vermilion Energy Inc. (TSE:VET - Free Report) NYSE: VET - Stock analysts at Atb Cap Markets reduced their FY2024 earnings estimates for shares of Vermilion Energy in a research note issued on Thursday, December 19th. Atb Cap Markets analyst A. Arif now expects that the company will earn $0.45 per share for the year, down from their prior estimate of $0.46. 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 Q4 2024 earnings at $0.63 EPS, Q3 2025 earnings at $0.37 EPS and Q4 2025 earnings at $0.45 EPS.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last announced its quarterly earnings data 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 firm had revenue of C$490.10 million for the quarter, compared to analysts' expectations of C$497.45 million. Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%.

VET has been the subject of a number of other research reports. National Bankshares dropped their price objective on shares of Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th. JPMorgan Chase & Co. cut their price target on shares of Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. TD Securities lowered their price objective on shares of Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating for the company in a research note on Friday. Royal Bank of Canada dropped their price objective on Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. Finally, Canaccord Genuity Group reduced their target price on Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Vermilion Energy currently has an average rating of "Moderate Buy" and a consensus target price of C$19.27.

Vermilion Energy Trading Up 0.3 %

Vermilion Energy stock traded up C$0.04 during trading on Monday, hitting C$12.77. The company's stock had a trading volume of 2,092,609 shares, compared to its average volume of 784,198. The stock's fifty day moving average is C$13.67 and its 200 day moving average is C$14.04. 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 1-year low of C$11.84 and a 1-year high of C$17.56. The stock has a market capitalization of C$1.99 billion, a price-to-earnings ratio of -2.50, a P/E/G ratio of -0.02 and a beta of 2.60.

Vermilion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 3.76%. Vermilion Energy's dividend payout ratio is currently -9.39%.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas.