Vermilion Energy (TSE:VET) Insider Yvonne Jeffery Sells 6,332 Shares of Stock

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) insider Yvonne Jeffery sold 6,332 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of C$19.51, for a total transaction of C$123,537.32. Following the sale, the insider owned 30,527 shares of the company’s stock, valued at approximately C$595,581.77. The trade was a 17.18% decrease in their ownership of the stock.

Vermilion Energy Price Performance

Shares of VET stock opened at C$19.17 on Wednesday. The company has a debt-to-equity ratio of 58.60, a current ratio of 0.84 and a quick ratio of 0.40. The company has a market capitalization of C$2.93 billion, a PE ratio of -4.51, a price-to-earnings-growth ratio of -0.02 and a beta of 1.12. The firm’s 50-day moving average is C$15.22 and its two-hundred day moving average is C$12.78. Vermilion Energy Inc. has a 12 month low of C$7.29 and a 12 month high of C$20.31.

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st were given a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, March 13th. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.13. Vermilion Energy’s dividend payout ratio is presently -12.24%.

Analysts Set New Price Targets

Several brokerages recently weighed in on VET. National Bank Financial increased their price objective on Vermilion Energy from C$14.50 to C$18.50 and gave the stock an “outperform” rating in a research report on Tuesday, February 3rd. Desjardins lifted their target price on Vermilion Energy from C$13.50 to C$16.00 and gave the company a “hold” rating in a research report on Monday, March 9th. Royal Bank Of Canada upped their price target on Vermilion Energy from C$14.00 to C$15.00 and gave the company a “sector perform” rating in a research note on Thursday, March 5th. Scotiabank increased their price target on 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. Finally, TD Securities cut Vermilion Energy from a “buy” rating to a “hold” rating and increased their price target for the stock from C$14.00 to C$16.00 in a report on Thursday, March 5th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of C$15.83.

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.