FY2024 EPS Estimates for TSE:VET Cut by Atb Cap Markets

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) – Equities researchers at Atb Cap Markets reduced their FY2024 earnings per share estimates for shares of Vermilion Energy in a note issued to investors on Thursday, December 19th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.45 per share for the year, down from their prior forecast 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.

Other research analysts also recently issued reports about the company. BMO Capital Markets downgraded Vermilion Energy from an “outperform” rating to a “market perform” rating and cut their price target for the company from C$20.00 to C$16.00 in a report on Friday, October 4th. Royal Bank of Canada reduced their price target on shares of Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. National Bankshares lowered their target price on Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th. TD Securities cut their price objective on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a report on Friday. Finally, Canaccord Genuity Group reduced their target price on Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$19.27.

Vermilion Energy Trading Down 0.2 %

Vermilion Energy stock opened at C$12.73 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 36.63. The stock has a market cap of C$1.98 billion, a PE ratio of -2.49, a P/E/G ratio of -0.02 and a beta of 2.60. The stock has a 50-day moving average price of C$13.67 and a 200 day moving average price of C$14.06. Vermilion Energy has a 52 week low of C$11.87 and a 52 week high of C$17.56.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of C$490.10 million for the quarter, compared to analysts’ expectations of C$497.45 million.

Vermilion Energy Announces Dividend

The business 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 $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.77%. The ex-dividend date of this dividend is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is presently -9.39%.

Vermilion Energy Company Profile

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.