Vermilion Energy Inc. (TSE:VET) Given Consensus Rating of “Hold” by Brokerages

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned a consensus rating of “Hold” from the eight analysts that are covering the stock, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$14.50.

Several equities analysts have recently issued reports on VET shares. Desjardins boosted their target price on Vermilion Energy from C$12.50 to C$13.00 and gave the stock a “hold” rating in a research report on Monday, November 24th. BMO Capital Markets lifted their price objective on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the stock a “market perform” rating in a research note on Thursday, December 11th. National Bankshares upped their target price on shares of Vermilion Energy from C$14.50 to C$18.50 and gave the company an “outperform” rating in a research note on Tuesday. TD Securities increased their target price on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Finally, ATB Capital lifted their price target on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 11th.

Vermilion Energy Stock Performance

Shares of Vermilion Energy stock opened at C$13.65 on Wednesday. The firm has a fifty day moving average of C$12.04 and a two-hundred day moving average of C$11.33. The stock has a market capitalization of C$2.09 billion, a price-to-earnings ratio of -8.98, a PEG ratio of -0.02 and a beta of 1.24. Vermilion Energy has a 52 week low of C$7.29 and a 52 week high of C$14.00. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings results on Wednesday, November 5th. The company reported C$0.02 earnings per share (EPS) for the quarter. The business had revenue of C$452.18 million for the quarter. Vermilion Energy had a negative return on equity of 28.37% and a negative net margin of 42.01%. As a group, equities research analysts predict that Vermilion Energy will post 1.3956262 EPS for the current year.

Vermilion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, December 15th. Vermilion Energy’s payout ratio is presently -33.55%.

Insider Activity

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were bought at an average price of C$11.56 per share, with a total value of C$57,800.00. Following the completion of the transaction, the director directly owned 50,000 shares in the company, valued at C$578,000. This trade represents a 11.11% increase in their position. 0.16% of the stock is owned by company insiders.

Vermilion Energy Company Profile

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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.