Atb Cap Markets Expects Weaker Earnings for Vermilion Energy

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) – Research analysts at Atb Cap Markets lowered their FY2024 earnings per share (EPS) estimates for Vermilion Energy in a research note issued to investors on Thursday, December 19th. Atb Cap Markets analyst A. Arif now expects that the oil and gas company will earn $0.32 per share for the year, down from their prior forecast of $0.33. The consensus estimate for Vermilion Energy’s current full-year earnings is $0.25 per share. Atb Cap Markets also issued estimates for Vermilion Energy’s Q4 2024 earnings at $0.45 EPS, Q3 2025 earnings at $0.26 EPS and Q4 2025 earnings at $0.32 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 Price Performance

Shares of Vermilion Energy stock opened at $8.90 on Monday. The company has a current ratio of 1.25, a quick ratio of 1.19 and a debt-to-equity ratio of 0.36. The firm has a market cap of $1.38 billion, a PE ratio of -2.38 and a beta of 1.99. Vermilion Energy has a 12 month low of $8.22 and a 12 month high of $12.94. The stock has a 50 day moving average of $9.73 and a 200 day moving average of $10.14.

Vermilion Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.089 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.36 dividend on an annualized basis and a yield of 4.00%. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s dividend payout ratio is currently -9.36%.

Institutional Investors Weigh In On Vermilion Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC boosted its holdings in shares of Vermilion Energy by 34.5% during the 2nd quarter. Millennium Management LLC now owns 5,484,654 shares of the oil and gas company’s stock worth $60,359,000 after purchasing an additional 1,405,653 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Vermilion Energy by 4.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,463,245 shares of the oil and gas company’s stock valued at $38,131,000 after buying an additional 134,216 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Vermilion Energy by 6.4% in the 2nd quarter. American Century Companies Inc. now owns 2,190,255 shares of the oil and gas company’s stock worth $24,111,000 after acquiring an additional 131,780 shares during the last quarter. National Bank of Canada FI raised its holdings in shares of Vermilion Energy by 2.7% during the 3rd quarter. National Bank of Canada FI now owns 1,730,388 shares of the oil and gas company’s stock worth $16,890,000 after acquiring an additional 45,513 shares during the period. Finally, Two Sigma Advisers LP boosted its position in shares of Vermilion Energy by 72.8% during the 3rd quarter. Two Sigma Advisers LP now owns 1,040,076 shares of the oil and gas company’s stock valued at $10,162,000 after acquiring an additional 438,200 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.