Vermilion Energy Inc. (TSE:VET) Receives C$18.77 Consensus PT from Analysts

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned a consensus recommendation of “Moderate Buy” from the eleven research firms that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is C$18.77.

Several research analysts recently weighed in on the company. TD Securities lowered their price objective on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating for the company in a research report on Friday, December 20th. Canaccord Genuity Group decreased their price target on Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. Royal Bank of Canada reduced their price objective on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a report on Monday, December 30th. National Bankshares upped their target price on shares of Vermilion Energy from C$17.50 to C$18.00 and gave the company an “outperform” rating in a research report on Monday, December 30th. Finally, BMO Capital Markets cut shares of 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 report on Friday, October 4th.

Vermilion Energy Stock Up 0.9 %

TSE VET opened at C$14.27 on Tuesday. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63. Vermilion Energy has a 52 week low of C$11.84 and a 52 week high of C$17.56. The business’s fifty day simple moving average is C$13.63 and its 200-day simple moving average is C$13.88. The firm has a market cap of C$2.22 billion, a PE ratio of -2.79, a P/E/G ratio of -0.02 and a beta of 2.60.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its 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 analysts’ expectations of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. As a group, equities analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Dividend Announcement

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 given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is currently -9.39%.

Insider Activity at Vermilion Energy

In other news, Director Myron Maurice Stadnyk purchased 5,000 shares of the stock in a transaction on Friday, December 27th. The stock was bought at an average price of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is currently owned by company insiders.

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.