Vermilion Energy Inc (VET) to Post FY2018 Earnings of $1.55 Per Share, National Bank Financial Forecasts

Vermilion Energy Inc (TSE:VET) (NYSE:VET) – Investment analysts at National Bank Financial lifted their FY2018 earnings per share estimates for Vermilion Energy in a research note issued to investors on Monday. National Bank Financial analyst T. Wood now anticipates that the company will earn $1.55 per share for the year, up from their previous forecast of $1.01. National Bank Financial has a “Outperform” rating and a $54.00 price objective on the stock.

Other analysts have also recently issued research reports about the company. Barclays lifted their target price on Vermilion Energy from C$51.00 to C$59.00 in a research report on Wednesday. TD Securities cut their target price on Vermilion Energy from C$51.00 to C$50.00 and set a “buy” rating on the stock in a research report 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 report on Tuesday, October 10th. Five investment analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average target price of C$54.79.

Vermilion Energy (VET) traded up C$1.18 on Thursday, hitting C$49.54. The stock had a trading volume of 581,916 shares, compared to its average volume of 377,134. Vermilion Energy has a twelve month low of C$38.33 and a twelve month high of C$55.77. The firm has a market capitalization of $6,020.00, a PE ratio of 120.83 and a beta of 0.21.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings results on Monday, October 30th. The company reported C($0.19) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate 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 business also recently declared a monthly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be given a $0.215 dividend. This represents a $2.58 annualized dividend and a yield of 5.21%. The ex-dividend date of this dividend is Tuesday, January 30th. Vermilion Energy’s dividend payout ratio (DPR) is presently 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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