Atb Cap Markets Predicts Lower Earnings for Vermilion Energy

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) – Atb Cap Markets lowered their FY2024 earnings estimates for Vermilion Energy in a report issued on Thursday, February 13th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $0.42 per share for the year, down from their previous estimate of $0.45. Atb Cap Markets currently has a “Hold” rating on the stock. 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 $0.62 EPS.

VET has been the topic of several other research reports. TD Securities reduced their price target on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research report on Friday, December 20th. National Bankshares raised their target price on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. ATB Capital reduced their target price on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a report on Monday, December 30th. Canaccord Genuity Group reduced their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Finally, Royal Bank of Canada reduced their target price on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a report on Monday, December 30th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$17.94.

Vermilion Energy Stock Down 1.4 %

Shares of VET opened at C$12.77 on Monday. The stock has a market capitalization of C$1.98 billion, a PE ratio of -2.40, a P/E/G ratio of -0.02 and a beta of 2.60. Vermilion Energy has a 1 year low of C$11.84 and a 1 year high of C$17.56. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25. The company’s 50-day simple moving average is C$13.68 and its 200-day simple moving average is C$13.63.

Insiders Place Their Bets

In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 5,000 shares of the stock in a transaction dated Friday, December 27th. The shares were acquired at an average cost of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is owned by corporate insiders.

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.