Atb Cap Markets Cuts Earnings Estimates for Vermilion Energy

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) – Atb Cap Markets lowered their Q4 2024 earnings per share estimates for shares of Vermilion Energy in a research report issued 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 previous 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.

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 Stock Performance

Shares of VET stock opened at $9.85 on Friday. The firm has a 50 day moving average of $9.71 and a 200-day moving average of $10.63. The company has a market cap of $1.54 billion, a price-to-earnings ratio of -2.63 and a beta of 2.00. The company has a quick ratio of 1.02, a current ratio of 1.09 and a debt-to-equity ratio of 0.36. Vermilion Energy has a 52 week low of $8.70 and a 52 week high of $13.49.

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

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.089 per share. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.09. This represents a $0.36 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date of this dividend is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is -9.36%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of Nova Scotia Trust Co. raised its position in shares of Vermilion Energy by 15.8% during the first quarter. Bank of Nova Scotia Trust Co. now owns 11,650 shares of the oil and gas company’s stock worth $145,000 after purchasing an additional 1,593 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Vermilion Energy by 1.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 169,928 shares of the oil and gas company’s stock valued at $1,870,000 after buying an additional 1,936 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in shares of Vermilion Energy by 17.3% during the first quarter. CANADA LIFE ASSURANCE Co now owns 18,387 shares of the oil and gas company’s stock valued at $229,000 after buying an additional 2,716 shares during the last quarter. EverSource Wealth Advisors LLC increased 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 worth $41,000 after acquiring an additional 3,674 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Vermilion Energy by 11.9% in the 2nd quarter. SG Americas Securities LLC now owns 35,646 shares of the oil and gas company’s stock worth $392,000 after acquiring an additional 3,778 shares during the last quarter. Institutional investors own 31.91% of the company’s stock.

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.