Vermilion Energy (VET) to Release Earnings on Wednesday

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET is set to issue its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of C$1.36 per share for the quarter.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last posted its earnings results on Wednesday, March 6th. The company reported C$1.30 EPS for the quarter, topping the consensus estimate of C$0.71 by C$0.59. Vermilion Energy had a negative net margin of 12.98% and a negative return on equity of 7.39%. The business had revenue of C$522.97 million for the quarter, compared to the consensus estimate of C$593.34 million.

Vermilion Energy Trading Down 1.3 %

TSE VET traded down C$0.21 on Wednesday, hitting C$16.21. The company's stock had a trading volume of 581,944 shares, compared to its average volume of 765,109. The company's 50-day moving average is C$15.91 and its 200 day moving average is C$16.52. The firm has a market cap of C$2.63 billion, a PE ratio of -11.18, a PEG ratio of -0.02 and a beta of 2.71. Vermilion Energy has a 1-year low of C$13.30 and a 1-year high of C$21.60. 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 Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.96%. This is an increase from Vermilion Energy's previous quarterly dividend of $0.10. The ex-dividend date was Wednesday, March 27th. Vermilion Energy's dividend payout ratio is presently -33.10%.

Insider Buying and Selling at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 3,000 shares of the firm's stock in a transaction on Tuesday, March 26th. The stock was acquired at an average price of C$16.10 per share, for a total transaction of C$48,300.00. In related news, Director Myron Maurice Stadnyk bought 3,000 shares of the business's stock in a transaction that occurred on Tuesday, March 26th. The shares were bought at an average price of C$16.10 per share, with a total value of C$48,300.00. Also, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the company's stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of C$16.50, for a total value of C$825,000.00. Insiders own 0.15% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Royal Bank of Canada lifted their price objective on Vermilion Energy from C$20.00 to C$21.00 in a research note on Tuesday, April 9th. TD Securities raised shares of Vermilion Energy from a "hold" rating to a "buy" rating and upped their price objective for the company from C$18.00 to C$20.00 in a research note on Wednesday, March 27th. ATB Capital lowered their target price on shares of 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. National Bankshares upped their price target on shares of Vermilion Energy from C$21.00 to C$22.00 and gave the company an "outperform" rating in a research report on Friday, April 19th. Finally, Stifel Nicolaus boosted their price objective on Vermilion Energy from C$20.25 to C$22.00 and gave the company a "buy" rating in a research note on Tuesday. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of C$21.54.

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.