Vermilion Energy Inc. (TSE:VET – Get Free Report) (NYSE:VET) has earned a consensus rating of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$14.50.
Several equities research analysts have weighed in on the stock. Scotiabank raised their price objective on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 20th. National Bankshares raised their price target on shares of Vermilion Energy from C$14.50 to C$18.50 and gave the company an “outperform” rating in a report on Tuesday. BMO Capital Markets boosted their price objective on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the stock a “market perform” rating in a research report on Thursday, December 11th. TD Securities increased their price objective on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Finally, Desjardins lifted their target price on Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a research note on Monday, November 24th.
Check Out Our Latest Analysis on VET
Vermilion Energy Trading Up 6.1%
Vermilion Energy (TSE:VET – Get Free Report) (NYSE:VET) last announced its earnings results on Wednesday, November 5th. The company reported C$0.02 EPS for the quarter. Vermilion Energy had a negative return on equity of 28.37% and a negative net margin of 42.01%.The company had revenue of C$452.18 million for the quarter. Analysts predict that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.
Vermilion Energy Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Monday, December 15th. Vermilion Energy’s dividend payout ratio (DPR) is presently -33.55%.
Insiders Place Their Bets
In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of the company’s stock in a transaction on Monday, December 15th. The stock was purchased at an average cost of C$11.56 per share, with a total value of C$57,800.00. Following the acquisition, the director owned 50,000 shares of the company’s stock, valued at C$578,000. This trade represents a 11.11% increase in their position. Corporate insiders own 0.16% of the company’s stock.
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.
Read More
- Five stocks we like better than Vermilion Energy
- Your Bank Account Is No Longer Safe
- Ray Dalio Says Buy Gold. I Say Get Paid Every Month From It
- 1 Hour Once A Day
- What a Former CIA Agent Knows About the Coming Collapse
- They just tried to kill gold
Receive News & Ratings for Vermilion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vermilion Energy and related companies with MarketBeat.com's FREE daily email newsletter.
