Vermilion Energy (TSE:VET) (NYSE:VET) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, April 26th. Analysts expect Vermilion Energy to post earnings of C$0.27 per share for the quarter.
Vermilion Energy (TSE:VET) (NYSE:VET) last announced its earnings results on Thursday, March 1st. The company reported C$0.09 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.25 by C($0.16). The company had revenue of C$317.34 million for the quarter, compared to analysts’ expectations of C$309.15 million. Vermilion Energy had a net margin of 2.94% and a return on equity of 2.23%.
VET traded down C$0.11 during mid-day trading on Tuesday, reaching C$46.21. 146,477 shares of the company traded hands, compared to its average volume of 493,551. Vermilion Energy has a 52-week low of C$38.33 and a 52-week high of C$50.46.
In other Vermilion Energy news, insider Terrance Gerald Hergott sold 2,500 shares of the stock in a transaction on Thursday, March 15th. The stock was sold at an average price of C$40.00, for a total value of C$100,000.00. Also, Director Lorenzo Donadeo sold 400,000 shares of the stock in a transaction on Wednesday, March 21st. The stock was sold at an average price of C$41.26, for a total value of C$16,504,000.00. Insiders sold a total of 434,500 shares of company stock valued at $17,906,400 over the last 90 days.
A number of equities research analysts have weighed in on the stock. CIBC boosted their target price on shares of Vermilion Energy from C$52.00 to C$55.00 in a research note on Tuesday, January 23rd. Barclays boosted their target price on shares of Vermilion Energy from C$51.00 to C$59.00 in a research note on Wednesday, January 17th. National Bank Financial upped their price objective on Vermilion Energy from C$48.00 to C$54.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 9th. Canaccord Genuity upped their price objective on Vermilion Energy from C$56.00 to C$57.00 in a research note on Friday. Finally, CSFB upped their price objective on Vermilion Energy from C$47.00 to C$50.00 in a research note on Friday, April 13th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of C$53.20.
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Vermilion Energy Company Profile
Vermilion Energy Inc acquires, explores, develops, and produces crude petroleum and natural gas. As of December 31, 2017, it owned 74% interest in 330,900 net acres of developed land and 87% interest in 376,400 net acres of undeveloped land, as well as 375 net producing natural gas wells and 475 net producing oil wells in Canada; and 96% interest in 208,900 net acres of developed land and 99% interest in 379,800 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 332 net producing oil wells and 3 net producing gas wells in France.
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