Vermilion Energy (TSE:VET) Posts Quarterly Earnings Results

Vermilion Energy (TSE:VET) (NYSE:VET) announced its quarterly earnings results on Wednesday. The company reported C($0.23) earnings per share for the quarter, FiscalAI reports. Vermilion Energy had a negative net margin of 24.01% and a negative return on equity of 19.54%. The company had revenue of C$609.29 million during the quarter.

Vermilion Energy Trading Down 1.9%

Vermilion Energy stock opened at C$14.71 on Friday. The stock has a market cap of C$2.25 billion, a P/E ratio of -5.07, a PEG ratio of -0.02 and a beta of 0.49. Vermilion Energy has a fifty-two week low of C$10.72 and a fifty-two week high of C$20.31. The firm’s fifty day moving average price is C$17.62 and its 200-day moving average price is C$16.15. The company has a debt-to-equity ratio of 62.68, a quick ratio of 0.40 and a current ratio of 1.00.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th were issued a $0.1350 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.54 annualized dividend and a dividend yield of 3.7%. Vermilion Energy’s dividend payout ratio is presently -18.28%.

More Vermilion Energy News

Here are the key news stories impacting Vermilion Energy this week:

• Positive Sentiment: Vermilion plans to raise its dividend by 4%, a potential positive for income-focused investors. Vermilion Energy Swings to Q3 Loss YoY, Plans Dividend Hike
• Neutral Sentiment: The company is increasing its 2027 investment budget. Spending could support future development, but may also require more capital and affect near-term cash flow. Vermilion Energy stock reports loss as 2027 investment rises
• Negative Sentiment: Vermilion reported a third-quarter loss, including EPS of C$0.23 below zero, on revenue of C$609.29 million. Reports attribute the swing to unrealized derivative losses, which can make reported earnings volatile even when they do not reflect cash operating performance. Vermilion Energy swings to Q3 loss driven by unrealized derivative losses

Wall Street Analysts Forecast Growth

VET has been the topic of a number of recent research reports. National Bank Financial increased their price objective on Vermilion Energy from C$27.00 to C$28.00 and gave the stock an “outperform” rating in a report on Tuesday, October 20th. Desjardins set a C$16.00 target price on Vermilion Energy and gave the company a “hold” rating in a report on Friday, July 17th. TD upped their price target on Vermilion Energy from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Friday, July 31st. BMO Capital Markets upped their price target on Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a research report on Friday, July 31st. Finally, TD Securities raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$19.88.

Vermilion Energy Company Profile

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion’s priorities are health and safety, the environment, and profitability, in that order.