Insider Buying: Vermilion Energy Inc. (TSE:VET) Senior Officer Buys 1,000 Shares of Stock

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) Senior Officer Kyle Preston purchased 1,000 shares of Vermilion Energy stock in a transaction dated Friday, September 13th. The stock was bought at an average price of C$12.48 per share, with a total value of C$12,480.00.

Vermilion Energy Stock Up 0.5 %

Shares of TSE:VET opened at C$12.53 on Friday. The firm has a market capitalization of C$1.97 billion, a PE ratio of -2.52, a price-to-earnings-growth ratio of -0.02 and a beta of 2.62. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. Vermilion Energy Inc. has a 52-week low of C$11.87 and a 52-week high of C$21.60. The firm has a fifty day moving average of C$13.92 and a 200 day moving average of C$15.32.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Wednesday, July 31st. The company reported C($0.52) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.43 by C($0.95). The firm had revenue of C$478.93 million during the quarter, compared to analysts’ expectations of C$514.63 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. As a group, research analysts anticipate that Vermilion Energy Inc. will post 1.9112782 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date is Friday, September 27th. Vermilion Energy’s payout ratio is currently -9.66%.

Analysts Set New Price Targets

Several research analysts have commented on VET shares. BMO Capital Markets cut their target price on Vermilion Energy from C$21.00 to C$20.00 in a research note on Wednesday, July 3rd. JPMorgan Chase & Co. reduced their price objective on shares of Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday. Canaccord Genuity Group lowered their target price on shares of Vermilion Energy from C$20.50 to C$20.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st. Finally, Desjardins reduced their price target on shares of Vermilion Energy from C$21.00 to C$20.00 and set a “buy” rating for the company in a research report on Tuesday, August 6th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$21.00.

Vermilion Energy Company Profile

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.