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

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has earned an average recommendation of “Hold” from the seven analysts that are presently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$19.29.

A number of analysts recently commented on VET shares. National Bank Financial dropped their price target on shares of Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Desjardins lifted their price objective on shares of Vermilion Energy from C$13.50 to C$16.00 and gave the company a “hold” rating in a research note on Monday, March 9th. Royal Bank Of Canada boosted their target price on shares of Vermilion Energy from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Finally, ATB Cormark Capital Markets upgraded Vermilion Energy from a “hold” rating to a “moderate buy” rating and increased their target price for the stock from C$16.00 to C$24.00 in a research report on Friday, March 27th.

Vermilion Energy Price Performance

TSE VET opened at C$12.89 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.63 and a debt-to-equity ratio of 63.73. The company has a market cap of C$1.97 billion, a PE ratio of -2.43, a price-to-earnings-growth ratio of -0.02 and a beta of 0.23. Vermilion Energy has a 52 week low of C$9.71 and a 52 week high of C$20.31. The firm’s 50-day simple moving average is C$15.80 and its two-hundred day simple moving average is C$14.97.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, May 6th. The company reported C($0.95) earnings per share for the quarter. The business had revenue of C$519.12 million during the quarter. Vermilion Energy had a negative return on equity of 33.68% and a negative net margin of 44.92%. Research analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were paid a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, June 15th. Vermilion Energy’s payout ratio is presently -9.91%.

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.