Vermilion Energy Inc (TSE:VET) (NYSE:VET) – Equities research analysts at National Bank Financial lowered their FY2017 earnings estimates for Vermilion Energy in a research report issued to clients and investors on Monday. National Bank Financial analyst T. Wood now expects that the company will earn $0.61 per share for the year, down from their prior forecast of $0.73. National Bank Financial has a “Outperform” rating and a $54.00 price objective on the stock.
Other equities analysts also recently issued reports about the company. Barclays increased their target price on Vermilion Energy from C$51.00 to C$59.00 in a research note on Wednesday. TD Securities cut their target price on Vermilion Energy from C$51.00 to C$50.00 and set a “buy” rating for the company in a research note on Tuesday, October 31st. Finally, BMO Capital Markets cut their target price on Vermilion Energy from C$51.00 to C$48.00 in a research note on Tuesday, October 10th. Five equities research analysts have rated the stock with a buy rating, Vermilion Energy presently has a consensus rating of “Buy” and a consensus target price of C$54.79.
Shares of Vermilion Energy (TSE VET) opened at C$49.54 on Wednesday. The firm has a market capitalization of $6,020.00, a P/E ratio of 120.83 and a beta of 0.21. Vermilion Energy has a 1 year low of C$38.33 and a 1 year high of C$55.77.
Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Monday, October 30th. The company reported C($0.19) earnings per share for the quarter, topping analysts’ consensus estimates of C($0.21) by C$0.02. Vermilion Energy had a negative return on equity of 9.80% and a negative net margin of 16.93%.
The firm also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be paid a dividend of $0.215 per share. This represents a $2.58 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date of this dividend is Tuesday, January 30th. Vermilion Energy’s dividend payout ratio (DPR) is 629.27%.
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Vermilion Energy Company Profile
Vermilion Energy Inc produces oil and gas, and focuses on the acquisition, development and optimization of producing properties in North America, the Europe and Australia. Its segments include Canada, which includes production and assets focused in West Pembina near Drayton Valley, Alberta and Northgate in southeast Saskatchewan; France, which produces oil in France; Netherlands, which produces onshore gas and interests include over 24 onshore licenses and two offshore licenses; Germany, which holds interest in a four partner consortium; Ireland, which includes a non-operating interest in the offshore Corrib gas field located approximately 83 kilometers off the northwest coast of Ireland; Australia, which holds an operated working interest in the Wandoo field located approximately 80 kilometers offshore on the northwest shelf of Australia; the United States, which has interests in approximately 97,200 net acres of land in the Powder River Basin of northeastern Wyoming, and Corporate.
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