TD Securities Cuts Vermilion Energy (TSE:VET) Price Target to C$17.00

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price decreased by TD Securities from C$18.00 to C$17.00 in a report issued on Friday morning,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

VET has been the topic of several other reports. BMO Capital Markets lowered Vermilion Energy from an “outperform” rating to a “market perform” rating and dropped their price target for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. JPMorgan Chase & Co. reduced their price target on shares of Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. Royal Bank of Canada dropped their price objective on shares of Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. National Bankshares cut their price objective on shares of Vermilion Energy from C$23.00 to C$17.00 in a research report on Friday, September 27th. Finally, Canaccord Genuity Group decreased their target price on Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Vermilion Energy currently has an average rating of “Moderate Buy” and an average price target of C$19.27.

Vermilion Energy Trading Down 0.2 %

TSE:VET opened at C$12.73 on Friday. Vermilion Energy has a 52 week low of C$11.87 and a 52 week high of C$17.56. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. The firm’s fifty day moving average is C$13.69 and its 200-day moving average is C$14.10. The firm has a market cap of C$1.98 billion, a P/E ratio of -2.49, a P/E/G ratio of -0.02 and a beta of 2.60.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing analysts’ consensus estimates of C$0.45 by C($0.12). The firm had revenue of C$490.10 million for the quarter, compared to the consensus estimate of C$497.45 million. Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. Equities analysts expect that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.77%. The ex-dividend date of this dividend is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio (DPR) is presently -9.39%.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.