Q4 Earnings Estimate for TSE:VET Issued By Atb Cap Markets

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) – Atb Cap Markets cut their Q4 2024 earnings per share estimates for shares of Vermilion Energy in a research note issued to investors on Thursday, November 7th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.64 per share for the quarter, down from their previous forecast of $0.71. 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 Q1 2025 earnings at $0.62 EPS, Q2 2025 earnings at $0.62 EPS, Q3 2025 earnings at $0.46 EPS, Q4 2025 earnings at $0.54 EPS, FY2025 earnings at $2.25 EPS, FY2026 earnings at $1.37 EPS and FY2027 earnings at $0.87 EPS.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its earnings results on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing the consensus estimate of C$0.45 by C($0.12). The business had revenue of C$490.10 million for the quarter, compared to the consensus estimate of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%.

A number of other brokerages have also commented on VET. BMO Capital Markets lowered Vermilion Energy from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from C$20.00 to C$16.00 in a report on Friday, October 4th. JPMorgan Chase & Co. decreased their price target on shares of Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. Royal Bank of Canada dropped their price objective on shares of Vermilion Energy from C$20.00 to C$17.00 in a research note on Tuesday, September 17th. Desjardins cut their price objective on shares of Vermilion Energy from C$21.00 to C$20.00 and set a “buy” rating for the company in a report on Tuesday, August 6th. Finally, TD Securities lowered their target price on shares of Vermilion Energy from C$20.00 to C$18.00 in a report on Tuesday, October 1st. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$19.36.

Vermilion Energy Stock Performance

TSE VET opened at C$13.72 on Friday. The stock has a market cap of C$2.14 billion, a PE ratio of -2.68, a P/E/G ratio of -0.02 and a beta of 2.60. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. The firm has a 50-day moving average of C$13.32 and a 200-day moving average of C$14.60. Vermilion Energy has a 52-week low of C$11.87 and a 52-week high of C$18.53.

Insider Activity

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of the company’s stock in a transaction dated Wednesday, August 21st. The stock was purchased at an average price of C$13.54 per share, with a total value of C$67,700.00. 0.16% of the stock is currently owned by insiders.

Vermilion Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.50%. The ex-dividend date is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio (DPR) is currently -9.39%.

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.