Q2 2024 Earnings Estimate for Vermilion Energy Inc. (TSE:VET) Issued By Atb Cap Markets

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) – Stock analysts at Atb Cap Markets dropped their Q2 2024 earnings per share (EPS) estimates for Vermilion Energy in a research note issued on Thursday, May 2nd. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings per share of $0.75 for the quarter, down from their prior forecast of $0.79. The consensus estimate for Vermilion Energy’s current full-year earnings is $1.77 per share. Atb Cap Markets also issued estimates for Vermilion Energy’s FY2025 earnings at $3.39 EPS.

Several other equities analysts have also commented on VET. ATB Capital dropped their target price on Vermilion Energy from C$27.00 to C$23.00 and set an “outperform” rating for the company in a research note on Thursday, January 18th. Stifel Nicolaus boosted their target price on shares of Vermilion Energy from C$20.25 to C$22.00 and gave the company a “buy” rating in a report on Tuesday, April 23rd. Raymond James cut their price target on shares of Vermilion Energy from C$26.00 to C$24.00 and set an “outperform” rating on the stock in a research note on Friday, January 19th. National Bankshares boosted their price objective on shares of Vermilion Energy from C$21.00 to C$22.00 and gave the company an “outperform” rating in a research note on Friday, April 19th. Finally, JPMorgan Chase & Co. cut their target price on Vermilion Energy from C$23.00 to C$21.00 and set an “overweight” rating on the stock in a research report on Friday, March 8th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$21.54.

Vermilion Energy Trading Up 0.6 %

TSE:VET opened at C$16.45 on Monday. The company has a market capitalization of C$2.65 billion, a PE ratio of -11.34, a price-to-earnings-growth ratio of -0.02 and a beta of 2.72. Vermilion Energy has a 52-week low of C$13.30 and a 52-week high of C$21.60. The stock has a fifty day simple moving average of C$16.20 and a 200-day simple moving average of C$16.24. The company has a quick ratio of 0.40, a current ratio of 1.18 and a debt-to-equity ratio of 31.93.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, March 6th. The company reported C$1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.71 by C$0.59. The firm had revenue of C$522.97 million during the quarter, compared to analysts’ expectations of C$593.34 million. Vermilion Energy had a negative return on equity of 7.39% and a negative net margin of 12.98%.

Vermilion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.48 annualized dividend and a yield of 2.92%. Vermilion Energy’s dividend payout ratio (DPR) is -33.10%.

Insiders Place Their Bets

In related news, Director Robert B. Michaleski bought 10,000 shares of the stock in a transaction dated Monday, March 11th. The stock was bought at an average cost of C$14.94 per share, with a total value of C$149,400.00. In other Vermilion Energy news, Director Robert B. Michaleski purchased 10,000 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were bought at an average price of C$14.94 per share, with a total value of C$149,400.00. Also, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of C$16.50, for a total value of C$825,000.00. 0.15% of the stock is currently owned by corporate insiders.

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.