Vermilion Energy (VET) Set to Announce Quarterly Earnings on Wednesday

Vermilion Energy (NYSE:VET) (TSE:VET) will release its earnings data after the market closes on Wednesday, July 31st. Analysts expect Vermilion Energy to post earnings of $0.46 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Vermilion Energy (NYSE:VET) (TSE:VET) last posted its quarterly earnings data on Wednesday, May 1st. The oil and gas company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.78). The firm had revenue of $376.85 million during the quarter. Vermilion Energy had a negative net margin of 30.71% and a positive return on equity of 11.65%. During the same quarter in the previous year, the company earned $0.77 EPS. On average, analysts expect Vermilion Energy to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Vermilion Energy Stock Performance

NYSE VET opened at $10.21 on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.16 and a quick ratio of 1.11. The company has a market cap of $1.61 billion, a P/E ratio of -3.67 and a beta of 2.03. The stock has a 50-day moving average of $11.31 and a two-hundred day moving average of $11.44. Vermilion Energy has a 1-year low of $9.81 and a 1-year high of $15.98.

Vermilion Energy Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were issued a $0.0872 dividend. This represents a $0.35 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date was Friday, June 28th. Vermilion Energy’s dividend payout ratio (DPR) is currently -12.59%.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets assumed coverage on shares of Vermilion Energy in a research note on Tuesday, May 14th. They issued an “outperform” rating for the company. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Vermilion Energy currently has a consensus rating of “Moderate Buy” and an average target price of $25.00.

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.