Atb Cap Markets Cuts Earnings Estimates for Vermilion Energy

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) – Equities researchers at Atb Cap Markets cut their FY2024 earnings estimates for shares of Vermilion Energy in a research report issued on Thursday, November 7th. Atb Cap Markets analyst A. Arif now expects that the oil and gas company will earn $0.33 per share for the year, down from their prior estimate of $0.61. The consensus estimate for Vermilion Energy’s current full-year earnings is $0.21 per share. Atb Cap Markets also issued estimates for Vermilion Energy’s Q4 2025 earnings at $0.39 EPS and FY2025 earnings at $1.62 EPS.

Separately, BMO Capital Markets lowered Vermilion Energy from an “outperform” rating to a “market perform” rating in a research note on Friday, October 4th.

Vermilion Energy Trading Down 2.2 %

NYSE:VET opened at $9.85 on Monday. The business’s 50-day moving average is $9.71 and its two-hundred day moving average is $10.62. The firm has a market capitalization of $1.54 billion, a PE ratio of -2.63 and a beta of 2.00. Vermilion Energy has a 12 month low of $8.70 and a 12 month high of $13.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.09 and a quick ratio of 1.02.

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.089 per share. This represents a $0.36 dividend on an annualized basis and a yield of 3.61%. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.09. The ex-dividend date is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio (DPR) is presently -9.63%.

Institutional Investors Weigh In On Vermilion Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of Nova Scotia Trust Co. increased its position in shares of Vermilion Energy by 15.8% during the first quarter. Bank of Nova Scotia Trust Co. now owns 11,650 shares of the oil and gas company’s stock worth $145,000 after acquiring an additional 1,593 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Vermilion Energy by 1.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 169,928 shares of the oil and gas company’s stock worth $1,870,000 after purchasing an additional 1,936 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in shares of Vermilion Energy by 17.3% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 18,387 shares of the oil and gas company’s stock valued at $229,000 after buying an additional 2,716 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Vermilion Energy by 2,569.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,817 shares of the oil and gas company’s stock valued at $41,000 after buying an additional 3,674 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in shares of Vermilion Energy by 11.9% in the second quarter. SG Americas Securities LLC now owns 35,646 shares of the oil and gas company’s stock worth $392,000 after buying an additional 3,778 shares during the last quarter. Hedge funds and other institutional investors own 31.91% of the company’s stock.

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.