Vermilion Energy (NYSE:VET) Issues Earnings Results

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

Vermilion Energy Stock Performance

Vermilion Energy stock traded down $0.08 during mid-day trading on Wednesday, reaching $7.61. 2,170,482 shares of the company were exchanged, compared to its average volume of 1,098,864. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.25. The firm’s 50-day simple moving average is $9.39 and its two-hundred day simple moving average is $9.64. Vermilion Energy has a twelve month low of $7.29 and a twelve month high of $12.79. The firm has a market cap of $1.17 billion, a PE ratio of -2.03 and a beta of 1.97.

Analysts Set New Price Targets

Separately, Atb Cap Markets downgraded 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.