Valener (VNR) to Release Quarterly Earnings on Thursday

Valener (TSE:VNR) is scheduled to announce its earnings results before the market opens on Thursday, August 8th.

Valener (TSE:VNR) last issued its earnings results on Friday, May 10th. The company reported C$0.86 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.87 by C($0.01). The business had revenue of C$50.52 million for the quarter.

VNR stock traded up C$0.01 during mid-day trading on Wednesday, reaching C$25.89. The company had a trading volume of 15,317 shares, compared to its average volume of 118,280. The company has a debt-to-equity ratio of 10.01, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market cap of $1.02 billion and a P/E ratio of 16.87. The business has a 50 day moving average of C$25.88. Valener has a 12 month low of C$18.10 and a 12 month high of C$26.25.

The business also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Sunday, June 30th were paid a $0.30 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.20 dividend on an annualized basis and a yield of 4.63%. Valener’s dividend payout ratio is currently 76.87%.

About Valener

Valener Inc, through its subsidiaries, engages in the natural gas business in Canada and the United States. Its Energy Distribution segment engages in the natural gas distribution activities in Quebec and Vermont, as well as electricity distribution activities in Vermont to 205,000 customers through a pipeline network of approximately 11,000 kilometers in Quebec, as well as 50,000 customers in residential, commercial, and industrial markets through a network of 1,500 kilometers.

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Earnings History for Valener (TSE:VNR)

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