Vermilion Energy Inc. (NYSE:VET) is set to announce third quarter earning results on Monday 9th November 2020, before market open.
Previous Quarter Performance
Vermilion Energy Inc. unveiled loss for the second quarter of $ 0.32 per share, from the revenue of $ 138.86 million. Wall street analysts are predicting, VET to report 2Q20 income of $ 0.11 per share from revenue of $ 225.21 million. The bottom line results missed street analysts by $ 0.43 or 390.91 percent, at the same time, top line results fell short of analysts by $ 86.35 million or 38.34 percent.
Stock Performance
On Friday, shares of Vermilion Energy Inc. has traded high as $ 2.67 and has cracked $ 2.56 on the downward trend, reaching $ 2.59 with volume of 1.16 million shares.
According to the previous trading day, closing price of $ 2.59, representing a 77.33 % increase from the 52 week low of $ 1.50 and a 84.25 % decrease over the 52 week high of $ 16.89.
The company has a market capital of $ 411.35 million and is part of the Energy sector and Oil & Gas E&P industry.
Vermilion Energy Inc. acquires, explores, develops, and produces petroleum and natural gas in Canada, France, the Netherlands, Germany, Ireland, Australia, the United States, and Central and Eastern Europe. It owns 80% interest in 544,500 net acres of developed land and 87% interest in 439,800 net acres of undeveloped land, and 397 net producing natural gas wells and 3,346 net producing oil wells; and 96% interest in 248,900 net acres of developed land and 92% interest in 251,800 net acres of undeveloped land in the Aquitaine and Paris Basins, and 337 net producing oil wells and 2 net producing gas wells.
