Vermilion Energy (VET) Reports Q2 Loss, Lags Revenue Estimates
Vermilion Energy (VET) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of $0.31. This compares to earnings of $0.57 per share a year ago.
Earnings Preview: Vermilion Energy (VET) Q2 Earnings Expected to Decline
Vermilion (VET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Vermilion Energy: European Gas, M&A, And Share Repurchase Could Push The Price Up
Vermilion Energy is launching new projects in Mica Montney, Croatia, and Germany for production and FCF growth. In my view, the company is positioned to benefit from a potential increase in gas price in Europe due to war with Russia. The stock repurchase program is expected to reduce share count by 10% and accelerate demand for stock.
Vermilion: Reversion To Historical Multiples Would Produce Phenomenal Returns
We had rated Vermilion Energy Inc. a Buy the last time around. The stock has been flat in the interim. Q1 2024 earnings gave investors many reasons to be optimistic, and we break down why this is now 8% of our portfolio.
Swiss National Bank Decreases Stock Position in Vermilion Energy Inc. (NYSE:VET)
Swiss National Bank decreased its position in shares of Vermilion Energy Inc. (NYSE:VET – Free Report) (TSE:VET) by 8.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 325,567 shares of the oil and gas company’s stock after selling 31,700 shares during the period. Swiss National Bank owned approximately 0.20% of Vermilion Energy worth $3,931,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds and other institutional investors have also made changes to their positions in VET. Vanguard Group Inc. grew its holdings in Vermilion Energy by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 5,758,056 shares of the oil and gas company’s stock valued at $84,183,000 after purchasing an additional 81,497 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Vermilion Energy by 10.7% during the third quarter. Ameriprise Financial Inc. now owns 3,586,946 shares of the oil and gas company’s stock valued at $52,441,000 after buying an additional 346,826 shares during the last quarter. Bank of Nova Scotia raised its holdings in shares of Vermilion Energy by 0.7% in the third quarter. Bank of Nova Scotia now owns 2,563,572 shares of the oil and gas company’s stock worth $37,503,000 after buying an additional 19,022 shares during the period. Intact Investment Management Inc. lifted its stake in shares of Vermilion Energy by 36.5% during the 4th quarter. Intact Investment Management Inc. now owns 1,147,900 shares of the oil and gas company’s stock worth $13,835,000 after acquiring an additional 307,200 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in Vermilion Energy by 12.4% during the 3rd quarter. American Century Companies Inc. now owns 1,122,380 shares of the oil and gas company’s stock valued at $16,419,000 after acquiring an additional 123,882 shares during the period. Hedge funds and other institutional investors own 31.91% of the company’s stock. Wall Street Analysts Forecast Growth A number of research firms have weighed in on VET. BMO Capital Markets initiated coverage on Vermilion Energy in a research note on Tuesday, May 14th. They issued an “outperform” rating on the stock. TD Securities upgraded shares of Vermilion Energy from a “hold” rating to a “buy” rating in a report on Wednesday, March 27th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.00. Check Out Our Latest Research Report on VET Vermilion Energy Price Performance VET opened at $12.33 on Monday. The company has a current ratio of 1.16, a quick ratio of 1.11 and a debt-to-equity ratio of 0.32. The business’s fifty day simple moving average is $12.01 and its 200-day simple moving average is $11.84. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of -4.44 and a beta of 2.04. Vermilion Energy Inc. has a 12-month low of $9.81 and a 12-month high of $15.98. Vermilion Energy (NYSE:VET – Get Free Report) (TSE:VET) last posted its quarterly earnings results on Wednesday, May 1st. The oil and gas company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.78). Vermilion Energy had a negative net margin of 30.71% and a positive return on equity of 11.65%. The business had revenue of $376.85 million during the quarter. During the same period in the prior year, the company posted $0.77 EPS. On average, equities research analysts anticipate that Vermilion Energy Inc. will post 1.29 earnings per share for the current fiscal year. Vermilion Energy Cuts Dividend The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a $0.0872 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 2.83%. Vermilion Energy’s dividend payout ratio is presently -12.59%. Vermilion Energy Company Profile (Free Report) 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. Read More Five stocks we like better than Vermilion Energy How to Use the MarketBeat Dividend Calculator MarketBeat Week in Review – 5/13 – 5/17 What is Forex and How Does it Work? Take-Two Interactive Software Offers 2nd Chance for Investors Russell 2000 Index, How Investors Use it For Profitable Trading Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook
Reviewing Vermilion Energy (NYSE:VET) and Osage Exploration and Development (OTCMKTS:OEDVQ)
Vermilion Energy (NYSE:VET – Get Free Report) and Osage Exploration and Development (OTCMKTS:OEDVQ – Get Free Report) are both oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, institutional ownership, valuation, dividends, risk and earnings. Risk & Volatility Vermilion Energy has a beta of 2.04, indicating that its stock price is 104% more volatile than the S&P 500. Comparatively, Osage Exploration and Development has a beta of 1.17, indicating that its stock price is 17% more volatile than the S&P 500. Earnings and Valuation This table compares Vermilion Energy and Osage Exploration and Development’s revenue, earnings per share and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Vermilion Energy $1.49 billion 1.33 -$176.01 million ($2.78) -4.44 Osage Exploration and Development N/A N/A N/A N/A N/A Osage Exploration and Development has lower revenue, but higher earnings than Vermilion Energy. Analyst Recommendations This is a summary of recent ratings and price targets for Vermilion Energy and Osage Exploration and Development, as provided by MarketBeat. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Vermilion Energy 0 1 4 0 2.80 Osage Exploration and Development 0 0 0 0 N/A Vermilion Energy currently has a consensus price target of $25.00, indicating a potential upside of 102.76%. Given Vermilion Energy’s higher probable upside, research analysts clearly believe Vermilion Energy is more favorable than Osage Exploration and Development. Profitability This table compares Vermilion Energy and Osage Exploration and Development’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Vermilion Energy -30.71% 11.65% 5.93% Osage Exploration and Development N/A N/A N/A Insider & Institutional Ownership 31.9% of Vermilion Energy shares are owned by institutional investors. 2.6% of Vermilion Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term. Summary Vermilion Energy beats Osage Exploration and Development on 8 of the 9 factors compared between the two stocks. About Vermilion Energy (Get Free Report) 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. The company was founded in 1994 and is headquartered in Calgary, Canada. About Osage Exploration and Development (Get Free Report) Osage Exploration & Development, Inc. is an exploration and production company, which interests in oil and gas wells and prospects. It is focused on the Horizontal Mississippian and Woodford plays in Oklahoma. The company was founded on February 24, 2003 and is headquartered in San Diego, CA.
