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

Vermilion Energy Inc. (NYSE:VETGet Rating) (TSE:VET) has received an average rating of “Buy” from the twelve research firms that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $26.00.

Several research analysts recently weighed in on the stock. StockNews.com upgraded shares of Vermilion Energy from a “hold” rating to a “buy” rating in a report on Tuesday. Zacks Investment Research upgraded shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating and set a $25.00 price target on the stock in a report on Thursday, April 7th. Stifel Nicolaus cut their price target on shares of Vermilion Energy from C$34.00 to C$33.50 in a report on Tuesday, March 29th. Desjardins boosted their price target on shares of Vermilion Energy from C$27.50 to C$32.50 in a report on Wednesday, March 9th. Finally, Raymond James cut their price target on shares of Vermilion Energy from C$38.00 to C$35.00 in a report on Tuesday, March 29th.

VET opened at $20.90 on Wednesday. Vermilion Energy has a 1-year low of $5.51 and a 1-year high of $23.93. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $3.39 billion, a P/E ratio of 3.71 and a beta of 2.59. The firm has a fifty day moving average of $19.63.

Vermilion Energy (NYSE:VETGet Rating) (TSE:VET) last posted its quarterly earnings results on Monday, March 7th. The oil and gas company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.42. The firm had revenue of $611.07 million during the quarter. Vermilion Energy had a net margin of 55.40% and a return on equity of 13.94%. During the same period last year, the firm posted ($0.21) earnings per share. As a group, analysts forecast that Vermilion Energy will post 3.79 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 18th. Stockholders of record on Thursday, March 31st will be given a $0.047 dividend. This represents a $0.19 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend is Wednesday, March 30th. Vermilion Energy’s dividend payout ratio (DPR) is currently 3.37%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership raised its position in shares of Vermilion Energy by 2,345.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 3,059,424 shares of the oil and gas company’s stock valued at $30,262,000 after purchasing an additional 2,934,324 shares during the period. Acadian Asset Management LLC raised its position in shares of Vermilion Energy by 480.3% in the fourth quarter. Acadian Asset Management LLC now owns 2,270,235 shares of the oil and gas company’s stock valued at $28,558,000 after purchasing an additional 1,879,004 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Vermilion Energy by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,154,012 shares of the oil and gas company’s stock valued at $27,119,000 after purchasing an additional 106,643 shares during the period. Hillsdale Investment Management Inc. bought a new stake in shares of Vermilion Energy in the fourth quarter valued at approximately $25,906,000. Finally, Two Sigma Advisers LP increased its holdings in Vermilion Energy by 50.2% during the 3rd quarter. Two Sigma Advisers LP now owns 1,869,700 shares of the oil and gas company’s stock worth $18,510,000 after acquiring an additional 624,800 shares during the period. 23.55% of the stock is currently owned by institutional investors.

About Vermilion Energy (Get Rating)

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. It owns 81% working interest in 636,714 net acres of developed land and 85% working interest in 301,026 net acres of undeveloped land; 130,715 net acres of land in the Powder River basin in the United States; 96% working interest in 248,873 net acres of developed land and 86% working interest in 134,160 net acres of undeveloped land in the Aquitaine and Paris Basins in France; 53% working interest in 901,791 net acres of land in the Netherlands; 54,625 net developed acres and 920,723 net undeveloped acres in Germany; 975,375 net acres land in Croatia; 946,666 net acres land in Hungary; and 48,954 net acres land in Slovakia.

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Analyst Recommendations for Vermilion Energy (NYSE:VET)

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