Atb Cap Markets Has Bearish Outlook for TSE:VET Q4 Earnings

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) – Stock analysts at Atb Cap Markets reduced their Q4 2024 earnings per share (EPS) estimates for Vermilion Energy in a research report issued on Thursday, November 7th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $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 posted its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing analysts’ consensus estimates of C$0.45 by C($0.12). The business had revenue of C$490.10 million for the quarter, compared to analyst estimates 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 research firms also recently weighed in on VET. Royal Bank of Canada reduced their price target on shares of Vermilion Energy from C$20.00 to C$17.00 in a research note on Tuesday, September 17th. Canaccord Genuity Group cut their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd. Desjardins decreased their target price on shares of Vermilion Energy from C$21.00 to C$20.00 and set a “buy” rating on the stock in a research note on Tuesday, August 6th. National Bankshares dropped their price target on Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th. Finally, JPMorgan Chase & Co. cut their price objective on Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$19.36.

Vermilion Energy Stock Performance

Vermilion Energy stock opened at C$13.72 on Friday. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63. 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. Vermilion Energy has a 12-month low of C$11.87 and a 12-month high of C$18.53. The business’s 50-day moving average price is C$13.32 and its two-hundred day moving average price is C$14.59.

Vermilion Energy Announces Dividend

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

Insider Activity

In related news, Director Myron Maurice Stadnyk acquired 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The shares were bought at an average cost of C$13.54 per share, with a total value of C$67,700.00. Insiders own 0.16% 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.