Vermilion Energy Inc. (TSE:VET) Receives Average Rating of “Hold” from Brokerages

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been given a consensus recommendation of “Hold” by the seven research firms that are covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$14.50.

Several analysts recently weighed in on VET shares. National Bank Financial lifted their price objective on Vermilion Energy from C$14.50 to C$18.50 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. BMO Capital Markets boosted their price target on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the company a “market perform” rating in a report on Thursday, December 11th. Scotiabank upped their price target on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 20th. ATB Cormark Capital Markets lifted their price objective on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a report on Thursday, December 11th. Finally, Desjardins boosted their price objective on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the stock a “hold” rating in a research note on Monday, November 24th.

Insider Buying and Selling at Vermilion Energy

In related news, Director Myron Maurice Stadnyk acquired 5,000 shares of the company’s stock in a transaction that occurred on 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 ownership of the stock. 0.16% of the stock is owned by company insiders.

Vermilion Energy Price Performance

Shares of VET stock opened at C$14.65 on Friday. Vermilion Energy has a twelve month low of C$7.29 and a twelve month high of C$14.93. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. The stock has a fifty day simple moving average of C$12.75 and a two-hundred day simple moving average of C$11.71. The stock has a market capitalization of C$2.25 billion, a price-to-earnings ratio of -9.64, a P/E/G ratio of -0.02 and a beta of 1.24.

Vermilion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were given a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, December 15th. Vermilion Energy’s payout ratio is presently -33.55%.

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.