Vermilion Energy Inc. (NYSE:VET) (TSE:VET) – Equities researchers at National Bank Financial lowered their FY2017 earnings estimates for shares of Vermilion Energy in a report issued on Monday. National Bank Financial analyst K. Preston now anticipates that the oil and gas company will post earnings of $0.57 per share for the year, down from their previous forecast of $0.81. National Bank Financial also issued estimates for Vermilion Energy’s FY2018 earnings at $0.79 EPS.

A number of other research firms have also weighed in on VET. Zacks Investment Research raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective on the stock in a research report on Wednesday, September 13th. BidaskClub lowered shares of Vermilion Energy from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 16th. Canaccord Genuity reissued a “buy” rating and issued a $52.00 price objective on shares of Vermilion Energy in a research report on Monday. Scotiabank reissued a “buy” rating and issued a $52.50 price objective on shares of Vermilion Energy in a research report on Tuesday, October 10th. Finally, Royal Bank Of Canada raised shares of Vermilion Energy from a “sector perform” rating to an “outperform” rating in a research report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $47.83.

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The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st will be given a $0.1726 dividend. This represents a $2.07 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date of this dividend is Monday, October 30th. Vermilion Energy’s dividend payout ratio (DPR) is currently 686.67%.

Institutional investors have recently bought and sold shares of the stock. Oppenheimer Asset Management Inc. raised its position in Vermilion Energy by 24.3% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 89,205 shares of the oil and gas company’s stock worth $2,830,000 after purchasing an additional 17,423 shares during the period. Bank of Nova Scotia raised its position in Vermilion Energy by 96.6% in the 2nd quarter. Bank of Nova Scotia now owns 467,961 shares of the oil and gas company’s stock worth $14,847,000 after purchasing an additional 229,883 shares during the period. Scotia Capital Inc. raised its position in Vermilion Energy by 7.1% in the 2nd quarter. Scotia Capital Inc. now owns 539,545 shares of the oil and gas company’s stock worth $17,064,000 after purchasing an additional 35,707 shares during the period. Wellington Management Group LLP raised its position in Vermilion Energy by 33.3% in the 1st quarter. Wellington Management Group LLP now owns 61,843 shares of the oil and gas company’s stock worth $2,313,000 after purchasing an additional 15,446 shares during the period. Finally, Franklin Resources Inc. raised its position in Vermilion Energy by 15.9% in the 2nd quarter. Franklin Resources Inc. now owns 1,154,251 shares of the oil and gas company’s stock worth $36,636,000 after purchasing an additional 158,662 shares during the period. 53.71% of the stock is currently owned by institutional investors.

Vermilion Energy Company Profile

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