Vermilion Energy Inc. (TSE:VET) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have received a consensus recommendation of “Hold” from the seven research firms that are covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$14.50.

Several equities research analysts have recently issued reports on VET shares. BMO Capital Markets raised their price objective 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. Scotiabank raised their price target on Vermilion Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 20th. National Bank Financial lifted their price objective on shares of Vermilion Energy from C$14.50 to C$18.50 and gave the stock an “outperform” rating in a research note on Tuesday, February 3rd. ATB Cormark Capital Markets increased their target price on shares of 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. Finally, TD Securities raised their target price on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “buy” rating in a report on Thursday, December 11th.

Insider Activity

In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 5,000 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were 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 purchase, the director owned 50,000 shares in the company, valued at C$578,000. This represents a 11.11% increase in their position. 0.16% of the stock is owned by company insiders.

Vermilion Energy Price Performance

Shares of VET opened at C$14.65 on Friday. The firm has a fifty day simple moving average of C$12.75 and a two-hundred day simple moving average of C$11.71. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. The firm has a market cap of C$2.25 billion, a PE ratio of -9.64, a P/E/G ratio of -0.02 and a beta of 1.24. Vermilion Energy has a 1-year low of C$7.29 and a 1-year high of C$14.93.

Vermilion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were paid a $0.13 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.52 annualized dividend and a yield of 3.5%. Vermilion Energy’s dividend payout ratio (DPR) is presently -33.55%.

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.