Vermilion Energy Inc. (TSE:VET) Given Average Rating of “Buy” by Brokerages

Shares of Vermilion Energy Inc. (TSE:VET – Get Rating) (NYSE:VET) have earned a consensus rating of “Buy” from the ten ratings firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$31.10.

Several equities research analysts have recently commented on the company. BMO Capital Markets boosted their price target on Vermilion Energy from C$30.00 to C$35.00 in a research note on Monday, March 14th. Scotiabank boosted their price target on Vermilion Energy from C$30.00 to C$36.00 in a research note on Wednesday, June 8th. Raymond James boosted their price target on Vermilion Energy from C$30.00 to C$38.00 and gave the stock an “outperform” rating in a research note on Friday, March 25th. CIBC boosted their price target on Vermilion Energy from C$25.00 to C$32.00 and gave the stock a “neutral” rating in a research note on Thursday, June 2nd. Finally, TD Securities boosted their price target on Vermilion Energy from C$23.00 to C$29.00 and gave the stock a “buy” rating in a research note on Tuesday, March 8th.

In other news, Senior Officer Gerard Schut sold 10,000 shares of the company’s stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of C$30.00, for a total transaction of C$300,000.00. Following the completion of the sale, the insider now directly owns 88,609 shares in the company, valued at approximately C$2,658,270. Also, Senior Officer Terrance Gerald Hergott sold 7,329 shares of the company’s stock in a transaction on Monday, April 4th. The stock was sold at an average price of C$27.03, for a total value of C$198,066.96. Following the sale, the insider now owns 9,872 shares of the company’s stock, valued at C$266,791.79.

TSE VET opened at C$24.36 on Monday. The company has a current ratio of 0.52, a quick ratio of 0.38 and a debt-to-equity ratio of 61.68. The business’s 50 day moving average is C$26.86 and its two-hundred day moving average is C$23.05. Vermilion Energy has a 12-month low of C$7.06 and a 12-month high of C$31.80. The stock has a market capitalization of C$4.02 billion and a price-to-earnings ratio of 4.35.

Vermilion Energy (TSE:VET – Get Rating) (NYSE:VET) last announced its quarterly earnings results on Wednesday, May 11th. The company reported C$1.69 EPS for the quarter, topping the consensus estimate of C$1.07 by C$0.62. The firm had revenue of C$810.18 million for the quarter. Equities analysts forecast that Vermilion Energy will post 6.5500005 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, July 15th. Investors of record on Friday, July 15th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Wednesday, June 29th. Vermilion Energy’s payout ratio is currently 1.07%.

Vermilion Energy Company Profile (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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