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

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) has been assigned a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $15.00.

A number of analysts have recently weighed in on VET shares. Wall Street Zen raised shares of Vermilion Energy from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research upgraded Vermilion Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Weiss Ratings upgraded Vermilion Energy from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, April 22nd. ATB Cormark Capital Markets upgraded Vermilion Energy from a “hold” rating to a “buy” rating in a research note on Friday, March 27th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Vermilion Energy in a research report on Tuesday, May 19th.

Institutional Trading of Vermilion Energy

Large investors have recently modified their holdings of the company. UBS Group AG grew its position in Vermilion Energy by 118.2% in the 4th quarter. UBS Group AG now owns 5,592,890 shares of the oil and gas company’s stock worth $46,645,000 after purchasing an additional 3,029,328 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new stake in shares of Vermilion Energy in the fourth quarter valued at approximately $2,656,000. Quantbot Technologies LP raised its holdings in shares of Vermilion Energy by 192.4% during the third quarter. Quantbot Technologies LP now owns 156,621 shares of the oil and gas company’s stock valued at $1,225,000 after buying an additional 103,049 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Vermilion Energy by 19.5% during the third quarter. American Century Companies Inc. now owns 3,863,101 shares of the oil and gas company’s stock valued at $30,173,000 after buying an additional 631,655 shares during the last quarter. Finally, Arbiter Partners Capital Management LLC acquired a new position in shares of Vermilion Energy during the third quarter worth approximately $1,957,000. Institutional investors and hedge funds own 31.91% of the company’s stock.

Vermilion Energy Trading Down 3.1%

NYSE VET opened at $9.08 on Thursday. The company’s fifty day simple moving average is $11.52 and its 200-day simple moving average is $10.87. Vermilion Energy has a 52 week low of $7.00 and a 52 week high of $14.82. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64. The stock has a market cap of $1.39 billion, a P/E ratio of -2.38 and a beta of 0.31.

Vermilion Energy (NYSE:VET) (TSE:VET) last announced its earnings results on Wednesday, May 6th. The oil and gas company reported ($0.67) earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.89). Vermilion Energy had a negative net margin of 43.49% and a negative return on equity of 2.40%. The firm had revenue of $369.04 million during the quarter, compared to analysts’ expectations of $368.66 million. Equities research analysts predict that Vermilion Energy will post 0.54 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.135 per share. The ex-dividend date was Monday, June 15th. This represents a $0.54 annualized dividend and a dividend yield of 5.9%. Vermilion Energy’s dividend payout ratio is currently -10.21%.

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).