Vermilion Energy Inc. (TSE:VET) Receives C$19.29 Consensus Target Price from Analysts

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has received an average recommendation of “Hold” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$19.29.

VET has been the subject of a number of research analyst reports. ATB Cormark Capital Markets raised Vermilion Energy from a “hold” rating to a “moderate buy” rating and upped their price target for the company from C$16.00 to C$24.00 in a report on Friday, March 27th. Royal Bank Of Canada raised their price objective on shares of Vermilion Energy from C$22.00 to C$24.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Finally, National Bank Financial reduced their price objective on shares of Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th.

Vermilion Energy Stock Performance

TSE:VET opened at C$13.47 on Friday. The company has a fifty day simple moving average of C$15.55 and a two-hundred day simple moving average of C$15.03. The company has a market cap of C$2.06 billion, a price-to-earnings ratio of -2.54, a price-to-earnings-growth ratio of -0.02 and a beta of 0.23. The company has a quick ratio of 0.40, a current ratio of 0.63 and a debt-to-equity ratio of 63.73. Vermilion Energy has a 52 week low of C$9.71 and a 52 week high of C$20.31.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its earnings results on Wednesday, May 6th. The company reported C($0.95) earnings per share for the quarter. The firm had revenue of C$519.12 million for the quarter. Vermilion Energy had a negative return on equity of 33.68% and a negative net margin of 44.92%. As a group, equities analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were given a $0.135 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.54 dividend on an annualized basis and a yield of 4.0%. Vermilion Energy’s payout ratio is -9.91%.

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.