Vermilion Energy Inc. (TSE:VET) Receives Average Rating of “Moderate Buy” from Analysts

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

A number of research firms have recently issued reports on VET. TD increased their price objective on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the company a “buy” rating in a research note on Friday, July 31st. TD Securities raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. BMO Capital Markets increased their target price on Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a research report on Friday, July 31st. Finally, Desjardins set a C$16.00 price target on Vermilion Energy and gave the company a “hold” rating in a report on Friday, July 17th.

Vermilion Energy Price Performance

Shares of VET stock opened at C$16.48 on Thursday. The firm has a market capitalization of C$2.52 billion, a P/E ratio of -5.68, a P/E/G ratio of -0.02 and a beta of 0.26. Vermilion Energy has a 52-week low of C$9.98 and a 52-week high of C$20.31. The stock has a 50 day moving average price of C$16.60 and a 200 day moving average price of C$16.34. The company has a debt-to-equity ratio of 62.68, a quick ratio of 0.40 and a current ratio of 1.00.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued 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 net margin of 24.01% and a negative return on equity of 19.54%. As a group, sell-side analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.135 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.3%. Vermilion Energy’s dividend payout ratio is presently -18.28%.

About Vermilion Energy

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion’s priorities are health and safety, the environment, and profitability, in that order.