Vermilion Energy Inc. (NYSE:VET) Receives $15.00 Average Target Price from Analysts

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) has received an average recommendation of “Hold” from the nine research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $15.00.

A number of research analysts have weighed in on the stock. TD Securities reaffirmed a “hold” rating on shares of Vermilion Energy in a research note on Thursday, March 5th. Royal Bank Of Canada increased their price objective on shares of Vermilion Energy from $14.00 to $15.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Vermilion Energy in a report on Wednesday, January 21st. Zacks Research raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 10th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Vermilion Energy in a report on Thursday, December 11th.

Institutional Investors Weigh In On Vermilion Energy

Hedge funds and other institutional investors have recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vermilion Energy by 12.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 11,846 shares of the oil and gas company’s stock worth $99,000 after buying an additional 1,289 shares during the period. Pictet Asset Management Holding SA raised its holdings in Vermilion Energy by 5.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 26,209 shares of the oil and gas company’s stock valued at $218,000 after acquiring an additional 1,430 shares during the period. Blue Trust Inc. raised its holdings in Vermilion Energy by 18.9% in the 3rd quarter. Blue Trust Inc. now owns 9,249 shares of the oil and gas company’s stock valued at $72,000 after acquiring an additional 1,471 shares during the period. Savant Capital LLC lifted its position in Vermilion Energy by 14.8% during the third quarter. Savant Capital LLC now owns 12,989 shares of the oil and gas company’s stock worth $102,000 after acquiring an additional 1,671 shares during the last quarter. Finally, Hilltop National Bank lifted its position in Vermilion Energy by 5.7% during the fourth quarter. Hilltop National Bank now owns 31,730 shares of the oil and gas company’s stock worth $265,000 after acquiring an additional 1,720 shares during the last quarter. Institutional investors and hedge funds own 31.91% of the company’s stock.

Vermilion Energy Stock Up 4.8%

Shares of Vermilion Energy stock opened at $13.92 on Tuesday. The company has a market capitalization of $2.13 billion, a P/E ratio of -4.55 and a beta of 0.61. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.84 and a quick ratio of 0.76. The business has a 50-day moving average of $10.93 and a two-hundred day moving average of $9.16. Vermilion Energy has a 1 year low of $5.14 and a 1 year high of $14.82.

Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings data on Wednesday, March 4th. The oil and gas company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.33. Vermilion Energy had a positive return on equity of 3.80% and a negative net margin of 34.30%.The business had revenue of $334.64 million for the quarter, compared to analysts’ expectations of $384.74 million. As a group, equities analysts predict that Vermilion Energy will post 0.22 EPS for the current year.

Vermilion Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a dividend of $0.135 per share. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.13. This represents a $0.54 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, March 13th. Vermilion Energy’s payout ratio is currently -12.75%.

Vermilion Energy Company Profile

Vermilion Energy Inc is a Canadian-based international oil and gas producer headquartered in Calgary, Alberta. Established in 1994, the company focuses on the exploration, development and production of crude oil and natural gas reserves through its wholly owned and joint venture assets. Vermilion’s upstream operations target a balance of oil and gas projects across various regions, with an emphasis on high-quality resource plays that can deliver stable cash flow and long-term reserves replacement.

Vermilion’s product portfolio includes light and medium crude oil, heavy oil, natural gas and natural gas liquids (NGLs).