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

Shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) have received an average rating of “Hold” from the seven research firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company.

A number of analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Vermilion Energy in a research report on Wednesday, October 8th. Desjardins lowered shares of Vermilion Energy from a “moderate buy” rating to a “hold” rating in a report on Thursday, October 16th. Wall Street Zen raised shares of Vermilion Energy from a “sell” rating to a “hold” rating in a research report on Sunday. Scotiabank reaffirmed a “sector perform” rating on shares of Vermilion Energy in a report on Thursday, October 9th. Finally, TD Securities restated a “buy” rating on shares of Vermilion Energy in a research note on Tuesday, September 30th.

Hedge Funds Weigh In On Vermilion Energy

Institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. lifted its stake in Vermilion Energy by 18.9% during the third quarter. Blue Trust Inc. now owns 9,249 shares of the oil and gas company’s stock valued at $72,000 after buying an additional 1,471 shares in the last quarter. Savant Capital LLC increased its position in shares of Vermilion Energy by 14.8% in the third quarter. Savant Capital LLC now owns 12,989 shares of the oil and gas company’s stock worth $102,000 after acquiring an additional 1,671 shares in the last quarter. Drum Hill Capital LLC raised its holdings in shares of Vermilion Energy by 0.6% during the third quarter. Drum Hill Capital LLC now owns 310,043 shares of the oil and gas company’s stock valued at $2,425,000 after acquiring an additional 1,839 shares during the period. State of Wyoming raised its holdings in shares of Vermilion Energy by 14.5% during the first quarter. State of Wyoming now owns 18,920 shares of the oil and gas company’s stock valued at $153,000 after acquiring an additional 2,392 shares during the period. Finally, Vident Advisory LLC lifted its position in shares of Vermilion Energy by 6.0% in the 2nd quarter. Vident Advisory LLC now owns 47,694 shares of the oil and gas company’s stock valued at $347,000 after acquiring an additional 2,691 shares in the last quarter. 31.91% of the stock is owned by institutional investors.

Vermilion Energy Stock Performance

NYSE VET opened at $9.19 on Wednesday. The firm has a market capitalization of $1.41 billion, a P/E ratio of -10.56 and a beta of 1.13. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.94 and a quick ratio of 1.84. Vermilion Energy has a 1-year low of $5.14 and a 1-year high of $10.85. The business’s 50-day simple moving average is $7.90 and its 200-day simple moving average is $7.58.

Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings data on Wednesday, November 5th. The oil and gas company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.06). Vermilion Energy had a positive return on equity of 0.17% and a negative net margin of 9.29%.The business had revenue of $337.28 million for the quarter, compared to analysts’ expectations of $373.83 million. Equities analysts predict that Vermilion Energy will post 0.22 EPS for the current year.

Vermilion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be paid a dividend of $0.13 per share. The ex-dividend date is Monday, December 15th. This represents a $0.52 annualized dividend and a yield of 5.7%. Vermilion Energy’s dividend payout ratio is -33.64%.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.