Vermilion Energy (VET) Scheduled to Post Quarterly Earnings on Wednesday

Vermilion Energy (NYSE:VET) (TSE:VET) will be releasing its earnings data after the market closes on Wednesday, May 1st. Analysts expect Vermilion Energy to post earnings of $1.01 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Vermilion Energy (NYSE:VET) (TSE:VET) last posted its quarterly earnings results on Wednesday, March 6th. The oil and gas company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.42. Vermilion Energy had a positive return on equity of 15.75% and a negative net margin of 11.40%. The company had revenue of $384.17 million for the quarter, compared to analyst estimates of $442.92 million. On average, analysts expect Vermilion Energy to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Vermilion Energy Stock Performance

Shares of Vermilion Energy stock opened at $12.15 on Tuesday. The business has a 50-day simple moving average of $11.76 and a 200-day simple moving average of $12.14. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.10 and a current ratio of 1.18. Vermilion Energy has a one year low of $9.81 and a one year high of $15.98. The company has a market cap of $1.94 billion, a PE ratio of -10.94 and a beta of 2.04.

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $0.0888 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.36 dividend on an annualized basis and a yield of 2.92%. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.07. Vermilion Energy’s payout ratio is currently -26.13%.

Analyst Upgrades and Downgrades

Separately, TD Securities upgraded shares of Vermilion Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 27th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $25.00.

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.