Vermilion Energy (NYSE:VET) Announces Earnings Results, Misses Expectations By $0.44 EPS

Vermilion Energy (NYSE:VET) (TSE:VET) announced its earnings results on Wednesday. The oil and gas company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.44), Zacks reports. Vermilion Energy had a negative net margin of 41.53% and a positive return on equity of 6.29%.

Vermilion Energy Trading Down 1.1 %

Shares of NYSE VET traded down $0.08 during trading on Wednesday, hitting $7.61. 2,170,482 shares of the company traded hands, compared to its average volume of 1,098,864. The firm has a market capitalization of $1.17 billion, a P/E ratio of -2.03 and a beta of 1.97. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average price of $9.39 and a 200-day moving average price of $9.64. Vermilion Energy has a 1 year low of $7.29 and a 1 year high of $12.79.

Analysts Set New Price Targets

Separately, Atb Cap Markets lowered shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th.

About Vermilion Energy

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.