Vermilion Energy Inc. (NYSE:VET) has received a consensus rating of “Buy” from the thirteen research firms that are currently covering the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $50.23.

Several brokerages have recently commented on VET. Zacks Investment Research upgraded Vermilion Energy from a “sell” rating to a “buy” rating and set a $41.00 price objective on the stock in a research report on Friday, August 12th. RBC Capital Markets reaffirmed a “sector perform” rating and issued a $47.00 target price (up from $43.00) on shares of Vermilion Energy in a report on Thursday, August 11th. Scotiabank reaffirmed an “outperform” rating and issued a $56.50 target price (up from $52.50) on shares of Vermilion Energy in a report on Thursday, August 11th. Desjardins reaffirmed a “buy” rating and issued a $52.00 target price (up from $47.50) on shares of Vermilion Energy in a report on Thursday, August 11th. Finally, TD Securities reaffirmed a “buy” rating and issued a $54.00 target price (up from $53.00) on shares of Vermilion Energy in a report on Thursday, August 11th.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. raised its position in shares of Vermilion Energy by 1.5% in the second quarter. PNC Financial Services Group Inc. now owns 4,548 shares of the company’s stock valued at $145,000 after buying an additional 68 shares during the period. Alliancebernstein L.P. raised its position in shares of Vermilion Energy by 0.7% in the second quarter. Alliancebernstein L.P. now owns 10,518 shares of the company’s stock valued at $335,000 after buying an additional 68 shares during the period. Eqis Capital Management Inc. raised its position in shares of Vermilion Energy by 1.0% in the second quarter. Eqis Capital Management Inc. now owns 10,296 shares of the company’s stock valued at $328,000 after buying an additional 100 shares during the period. Creative Planning raised its position in shares of Vermilion Energy by 2.8% in the second quarter. Creative Planning now owns 3,650 shares of the company’s stock valued at $116,000 after buying an additional 100 shares during the period. Finally, DekaBank Deutsche Girozentrale raised its position in shares of Vermilion Energy by 1.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 10,285 shares of the company’s stock valued at $327,000 after buying an additional 130 shares during the period. Institutional investors and hedge funds own 44.70% of the company’s stock.

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Vermilion Energy (NYSE:VET) traded down 1.38% during midday trading on Tuesday, reaching $34.65. The company’s stock had a trading volume of 71,596 shares. Vermilion Energy has a 12-month low of $20.31 and a 12-month high of $38.98. The firm’s market cap is $4.04 billion. The company’s 50-day moving average is $36.50 and its 200 day moving average is $32.89.

Vermilion Energy (NYSE:VET) last announced its quarterly earnings data on Thursday, August 11th. The company reported ($0.48) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.32) by $0.16. Vermilion Energy had a negative net margin of 42.00% and a negative return on equity of 8.50%. The business earned $212.86 million during the quarter, compared to analysts’ expectations of $151.30 million. Equities analysts forecast that Vermilion Energy will post ($0.68) earnings per share for the current year.

The firm also recently announced a monthly dividend, which will be paid on Monday, October 17th. Shareholders of record on Thursday, September 22nd will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, September 20th. This represents a $1.98 annualized dividend and a dividend yield of 5.61%. Vermilion Energy’s dividend payout ratio (DPR) is presently -80.82%.

Vermilion Energy Company Profile

Vermilion Energy Inc (Vermilion) is a Canada-based international oil and gas producer. The Company is focused on the acquisition, development and optimization of producing properties in North America, Europe and Australia. The Company’s segments are Canada, which relates to its assets in Alberta and Saskatchewan; France, which relates to its operations in France in the Paris and Aquitaine basins; Netherlands, which relates to its operations in the Netherlands; Germany, which relates to its operations in Germany; Ireland, which relates to its non-operated interest in the Corrib offshore natural gas field; Australia, which relates to operations on the Wandoo offshore crude oil field; the United States, which relates to its operations in Wyoming in the Powder River Basin, and Corporate.

5 Day Chart for NYSE:VET

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