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

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$14.94.

Several equities research analysts recently weighed in on VET shares. Scotiabank upped their price objective on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 20th. BMO Capital Markets raised their target price on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the company a “market perform” rating in a research note on Thursday, December 11th. ATB Cormark Capital Markets boosted their price target on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 11th. Royal Bank Of Canada upped their price target on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 5th. Finally, National Bank Financial increased their price objective 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, February 3rd.

Vermilion Energy Trading Down 0.7%

Shares of TSE:VET opened at C$18.24 on Thursday. The company has a quick ratio of 0.40, a current ratio of 0.84 and a debt-to-equity ratio of 58.60. The company’s 50-day moving average price is C$14.67 and its 200 day moving average price is C$12.52. The company has a market cap of C$2.78 billion, a PE ratio of -4.29, a P/E/G ratio of -0.02 and a beta of 1.12. Vermilion Energy has a fifty-two week low of C$7.29 and a fifty-two week high of C$20.31.

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.135 per share. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, March 13th. This represents a $0.54 annualized dividend and a dividend yield of 3.0%. Vermilion Energy’s payout ratio is -12.24%.

Insider Transactions at Vermilion Energy

In other Vermilion Energy news, insider Gerard Schut sold 10,000 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of C$19.00, for a total value of C$190,000.00. Following the sale, the insider directly owned 94,268 shares in the company, valued at approximately C$1,791,092. The trade was a 9.59% decrease in their ownership of the stock. 0.16% of the stock is currently owned by insiders.

About Vermilion Energy

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.