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

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been assigned a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is C$19.75.

Several equities analysts have issued reports on VET shares. Desjardins set a C$16.00 price objective on Vermilion Energy and gave the company a “hold” rating in a research report on Friday, July 17th. TD increased their target price on Vermilion Energy from C$18.00 to C$19.00 and gave the stock a “buy” rating in a report on Friday, July 31st. National Bank Financial lowered their target price on Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. BMO Capital Markets lifted their price target on Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a report on Friday, July 31st. Finally, TD Securities upgraded shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 22nd.

Vermilion Energy Stock Performance

TSE VET opened at C$17.36 on Friday. Vermilion Energy has a 1-year low of C$9.98 and a 1-year high of C$20.31. The company has a 50 day moving average of C$14.98 and a 200-day moving average of C$15.91. The company has a current ratio of 1.00, a quick ratio of 0.40 and a debt-to-equity ratio of 62.68. The firm has a market cap of C$2.65 billion, a price-to-earnings ratio of -5.99, a PEG ratio of -0.02 and a beta of 0.22.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its earnings results on Wednesday, July 29th. The company reported C$0.86 EPS for the quarter. The business had revenue of C$563.07 million for the quarter. Vermilion Energy had a negative return on equity of 19.54% and a negative net margin of 24.01%. On average, equities analysts forecast that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid 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 dividend yield of 3.1%. Vermilion Energy’s payout ratio is currently -18.28%.

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.