FY2024 Earnings Forecast for VET Issued By Atb Cap Markets

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) – Equities research analysts at Atb Cap Markets dropped their FY2024 earnings per share estimates for shares of Vermilion Energy in a research report issued on Thursday, February 13th. Atb Cap Markets analyst A. Arif now anticipates that the oil and gas company will post earnings per share of $0.29 for the year, down from their prior forecast of $0.32. Atb Cap Markets has a “Hold” rating on the stock. The consensus estimate for Vermilion Energy’s current full-year earnings is $0.24 per share. Atb Cap Markets also issued estimates for Vermilion Energy’s Q4 2024 earnings at $0.43 EPS and FY2024 earnings at $0.29 EPS.

Vermilion Energy Price Performance

Shares of NYSE:VET opened at $9.02 on Monday. Vermilion Energy has a 1-year low of $8.22 and a 1-year high of $12.79. The firm has a market capitalization of $1.39 billion, a PE ratio of -2.41 and a beta of 1.97. The business’s 50 day moving average is $9.51 and its 200-day moving average is $9.74. The company has a current ratio of 1.25, a quick ratio of 1.19 and a debt-to-equity ratio of 0.36.

Institutional Trading of Vermilion Energy

Several institutional investors have recently modified their holdings of VET. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Vermilion Energy during the 4th quarter worth approximately $10,866,000. Millennium Management LLC boosted its stake in Vermilion Energy by 14.5% in the 4th quarter. Millennium Management LLC now owns 7,293,449 shares of the oil and gas company’s stock valued at $68,608,000 after buying an additional 921,230 shares in the last quarter. Royce & Associates LP acquired a new stake in Vermilion Energy in the 3rd quarter valued at $6,001,000. The Manufacturers Life Insurance Company boosted its stake in Vermilion Energy by 345.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 592,839 shares of the oil and gas company’s stock valued at $5,790,000 after buying an additional 459,746 shares in the last quarter. Finally, Two Sigma Advisers LP boosted its stake in Vermilion Energy by 72.8% in the 3rd quarter. Two Sigma Advisers LP now owns 1,040,076 shares of the oil and gas company’s stock valued at $10,162,000 after buying an additional 438,200 shares in the last quarter. Institutional investors and hedge funds 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.