Vermilion Energy Inc. (NYSE:vet) declared a monthly dividend on Monday, September 12th. Stockholders of record on Thursday, September 22nd will be paid a dividend of 0.165 per share on Monday, October 17th. This represents a $1.98 annualized dividend and a dividend yield of 5.63%. The ex-dividend date of this dividend is Tuesday, September 20th.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Vermilion Energy from a “sell” rating to a “buy” rating and set a $41.00 price target for the company in a research note on Friday, August 12th. RBC Capital Markets reaffirmed a “sector perform” rating and set a $47.00 price target (up from $43.00) on shares of Vermilion Energy in a research note on Thursday, August 11th. Scotiabank reaffirmed an “outperform” rating and set a $56.50 price target (up from $52.50) on shares of Vermilion Energy in a research note on Thursday, August 11th. Desjardins reaffirmed a “buy” rating and set a $52.00 price target (up from $47.50) on shares of Vermilion Energy in a research note on Thursday, August 11th. Finally, TD Securities reaffirmed a “buy” rating and set a $54.00 price target (up from $53.00) on shares of Vermilion Energy in a research note on Thursday, August 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $50.23.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Brookfield Asset Management Inc. increased its position in shares of Vermilion Energy by 23.9% in the second quarter. Brookfield Asset Management Inc. now owns 142,850 shares of the company’s stock worth $4,528,000 after buying an additional 27,600 shares during the period. Andra AP fonden increased its position in shares of Vermilion Energy by 23.7% in the second quarter. Andra AP fonden now owns 49,100 shares of the company’s stock worth $2,020,000 after buying an additional 9,400 shares during the period. Sentry Investments Corp. increased its position in shares of Vermilion Energy by 41.8% in the second quarter. Sentry Investments Corp. now owns 363,525 shares of the company’s stock worth $14,955,000 after buying an additional 107,100 shares during the period. Citigroup Inc. increased its position in shares of Vermilion Energy by 23.5% in the second quarter. Citigroup Inc. now owns 6,387 shares of the company’s stock worth $201,000 after buying an additional 1,214 shares during the period. Finally, Ingalls & Snyder LLC acquired a new position in shares of Vermilion Energy during the second quarter worth about $734,000. Hedge funds and other institutional investors own 44.70% of the company’s stock.

Shares of Vermilion Energy (NYSE:VET) opened at 35.16 on Monday. Vermilion Energy has a one year low of $20.31 and a one year high of $38.98. The firm’s 50-day moving average price is $36.23 and its 200 day moving average price is $32.70. The firm’s market cap is $4.10 billion.

Vermilion Energy (NYSE:VET) last announced its quarterly earnings results on Thursday, August 11th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.32) by $0.16. Vermilion Energy had a negative return on equity of 8.50% and a negative net margin of 42.00%. The company had revenue of $212.86 million for the quarter, compared to the consensus estimate of $151.30 million. Analysts predict that Vermilion Energy will post ($0.68) EPS for the current year.

Vermilion Energy Company Profile

Vermilion Energy Inc (Vermilion) is a Canada-based international oil and gas producer. The Company is focused on the acquisition, development and optimization of producing properties in North America, Europe and Australia. The Company’s segments are Canada, which relates to its assets in Alberta and Saskatchewan; France, which relates to its operations in France in the Paris and Aquitaine basins; Netherlands, which relates to its operations in the Netherlands; Germany, which relates to its operations in Germany; Ireland, which relates to its non-operated interest in the Corrib offshore natural gas field; Australia, which relates to operations on the Wandoo offshore crude oil field; the United States, which relates to its operations in Wyoming in the Powder River Basin, and Corporate.

5 Day Chart for NYSE:VET

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