Vermilion Energy (TSE:VET) Price Target Raised to C$18.50 at National Bankshares

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective raised by National Bankshares from C$14.50 to C$18.50 in a research report sent to investors on Tuesday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Other equities analysts have also recently issued reports about the stock. Scotiabank upped 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. TD Securities increased their price target on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a report on Thursday, December 11th. ATB Capital raised their price objective on Vermilion Energy from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research note on Thursday, December 11th. Desjardins upped their target price on Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a research report on Monday, November 24th. Finally, BMO Capital Markets increased their target price on 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. Two equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Vermilion Energy presently has an average rating of “Hold” and an average price target of C$14.50.

Vermilion Energy Stock Up 6.1%

Shares of TSE:VET opened at C$13.65 on Tuesday. The company has a market capitalization of C$2.09 billion, a price-to-earnings ratio of -8.98, a price-to-earnings-growth ratio of -0.02 and a beta of 1.24. The company has a 50 day moving average of C$12.04 and a two-hundred day moving average of C$11.33. Vermilion Energy has a 52-week low of C$7.29 and a 52-week high of C$14.00. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, November 5th. The company reported C$0.02 EPS for the quarter. The business had revenue of C$452.18 million for the quarter. Vermilion Energy had a negative net margin of 42.01% and a negative return on equity of 28.37%. As a group, analysts forecast that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, December 15th. Vermilion Energy’s dividend payout ratio is currently -33.55%.

Insider Transactions at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk acquired 5,000 shares of the firm’s stock in a transaction on Monday, December 15th. The stock was purchased at an average price of C$11.56 per share, with a total value of C$57,800.00. Following the completion of the acquisition, the director directly owned 50,000 shares in the company, valued at C$578,000. This trade represents a 11.11% increase in their position. 0.16% of the stock is owned by company insiders.

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.