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

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) has been assigned a consensus recommendation of “Hold” from the eight analysts that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company.

VET has been the topic of several recent analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Vermilion Energy in a report on Wednesday, January 21st. Wall Street Zen raised shares of Vermilion Energy from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Research lowered Vermilion Energy from a “hold” rating to a “strong sell” rating in a research note on Monday, January 5th. TD Securities reaffirmed a “buy” rating on shares of Vermilion Energy in a research note on Thursday, December 11th. Finally, Desjardins lowered Vermilion Energy from a “moderate buy” rating to a “hold” rating in a research report on Thursday, October 16th.

Hedge Funds Weigh In On Vermilion Energy

Several institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC boosted its position in Vermilion Energy by 178.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,450 shares of the oil and gas company’s stock valued at $47,000 after acquiring an additional 4,136 shares in the last quarter. State of Wyoming purchased a new stake in shares of Vermilion Energy during the 3rd quarter worth $56,000. Blue Trust Inc. boosted its position in Vermilion Energy by 24.0% during the second quarter. Blue Trust Inc. now owns 7,778 shares of the oil and gas company’s stock valued at $57,000 after purchasing an additional 1,504 shares in the last quarter. Savant Capital LLC purchased a new position in Vermilion Energy in the second quarter valued at about $82,000. Finally, NewEdge Advisors LLC bought a new position in Vermilion Energy in the second quarter worth about $105,000. 31.91% of the stock is owned by hedge funds and other institutional investors.

Vermilion Energy Trading Down 2.0%

NYSE VET opened at $9.67 on Monday. The company has a quick ratio of 0.71, a current ratio of 0.81 and a debt-to-equity ratio of 0.49. The stock’s 50-day simple moving average is $8.69 and its two-hundred day simple moving average is $8.15. Vermilion Energy has a twelve month low of $5.14 and a twelve month high of $10.11. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of -8.79 and a beta of 0.69.

Vermilion Energy (NYSE:VET) (TSE:VET) last announced its quarterly earnings data on Wednesday, November 5th. The oil and gas company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.06). Vermilion Energy had a negative net margin of 12.08% and a negative return on equity of 1.90%. The firm had revenue of $337.28 million for the quarter, compared to the consensus estimate of $373.83 million. Research analysts forecast that Vermilion Energy will post 0.22 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were issued a $0.13 dividend. The ex-dividend date was Monday, December 15th. This represents a $0.52 annualized dividend and a dividend yield of 5.4%. Vermilion Energy’s payout ratio is currently -33.64%.

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).