Atb Cap Markets Issues Pessimistic Forecast for VET Earnings

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) – Research analysts at Atb Cap Markets reduced their FY2024 EPS estimates for Vermilion Energy in a research note issued to investors on Thursday, November 7th. Atb Cap Markets analyst A. Arif now expects that the oil and gas company will post earnings of $0.33 per share for the year, down from their prior estimate of $0.61. The consensus estimate for Vermilion Energy’s current full-year earnings is $0.21 per share. Atb Cap Markets also issued estimates for Vermilion Energy’s Q4 2025 earnings at $0.39 EPS and FY2025 earnings at $1.62 EPS.

Separately, BMO Capital Markets lowered shares of Vermilion Energy from an “outperform” rating to a “market perform” rating in a research report on Friday, October 4th.

Vermilion Energy Trading Down 1.6 %

Shares of VET stock opened at $9.69 on Monday. Vermilion Energy has a 1 year low of $8.70 and a 1 year high of $13.49. The firm’s fifty day simple moving average is $9.70 and its 200 day simple moving average is $10.60. The firm has a market capitalization of $1.51 billion, a P/E ratio of -2.59 and a beta of 2.00. The company has a current ratio of 1.09, a quick ratio of 1.02 and a debt-to-equity ratio of 0.36.

Vermilion Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.089 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.36 dividend on an annualized basis and a yield of 3.67%. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s payout ratio is -9.63%.

Hedge Funds Weigh In On Vermilion Energy

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Vermilion Energy by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 5,925,874 shares of the oil and gas company’s stock valued at $73,718,000 after buying an additional 71,476 shares during the period. BNP Paribas Financial Markets increased its holdings in Vermilion Energy by 37.9% in the 1st quarter. BNP Paribas Financial Markets now owns 158,240 shares of the oil and gas company’s stock valued at $1,969,000 after buying an additional 43,500 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its holdings in Vermilion Energy by 56.3% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 72,728 shares of the oil and gas company’s stock valued at $909,000 after buying an additional 26,200 shares during the period. Millennium Management LLC increased its holdings in Vermilion Energy by 34.5% in the 2nd quarter. Millennium Management LLC now owns 5,484,654 shares of the oil and gas company’s stock valued at $60,359,000 after buying an additional 1,405,653 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in Vermilion Energy by 34.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 201,044 shares of the oil and gas company’s stock valued at $2,501,000 after buying an additional 51,920 shares during the period. Institutional investors own 31.91% 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.