Atb Cap Markets Cuts Earnings Estimates for Vermilion Energy

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) – Stock analysts at Atb Cap Markets cut their Q4 2024 earnings per share (EPS) estimates for shares of Vermilion Energy in a research report issued to clients and investors on Thursday, November 7th. Atb Cap Markets analyst A. Arif now forecasts that the oil and gas company will post earnings per share of $0.46 for the quarter, down from their prior estimate of $0.53. The consensus estimate for Vermilion Energy’s current full-year earnings is $0.34 per share. Atb Cap Markets also issued estimates for Vermilion Energy’s Q1 2025 earnings at $0.45 EPS, Q2 2025 earnings at $0.45 EPS, Q3 2025 earnings at $0.33 EPS, FY2026 earnings at $0.99 EPS and FY2027 earnings at $0.63 EPS.

Vermilion Energy (NYSE:VET) (TSE:VET) last released its earnings results on Wednesday, November 6th. The oil and gas company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.09). The company had revenue of $359.27 million during the quarter, compared to analysts’ expectations of $364.54 million. Vermilion Energy had a positive return on equity of 6.24% and a negative net margin of 41.53%.

Separately, BMO Capital Markets lowered shares of 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 Friday. The company has a market capitalization of $1.53 billion, a PE ratio of -2.63 and a beta of 2.00. The firm’s fifty day simple moving average is $9.71 and its 200-day simple moving average is $10.64. Vermilion Energy has a 1-year low of $8.70 and a 1-year high of $13.49. The company has a current ratio of 1.09, a quick ratio of 1.02 and a debt-to-equity ratio of 0.36.

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders 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 3.62%. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. The ex-dividend date is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is -9.36%.

Institutional Trading of Vermilion Energy

Several hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its position in shares of Vermilion Energy by 2,569.2% during the second 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. HBK Sorce Advisory LLC acquired a new position in shares of Vermilion Energy in the first quarter valued at $127,000. Marshall Wace LLP bought a new stake in Vermilion Energy in the second quarter valued at about $122,000. Bank of Nova Scotia Trust Co. grew its position in Vermilion Energy by 15.8% in the first quarter. Bank of Nova Scotia Trust Co. now owns 11,650 shares of the oil and gas company’s stock valued at $145,000 after acquiring an additional 1,593 shares during the period. Finally, Net Worth Advisory Group acquired a new position in Vermilion Energy in the third quarter valued at about $115,000. Institutional investors own 31.91% of the company’s stock.

About Vermilion Energy

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.