Vermilion Energy Inc. (TSE:VET) Receives C$14.00 Average Target Price from Brokerages

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been assigned a consensus rating of “Hold” from the eight ratings firms that are presently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$14.00.

A number of analysts have commented on the company. National Bankshares reduced their target price on Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating for the company in a report on Wednesday, October 22nd. ATB Capital lifted their price objective on Vermilion Energy from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a report on Thursday, December 11th. TD Securities upped their target price on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Desjardins lifted their price target on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the stock a “hold” rating in a research note on Monday, November 24th. Finally, Scotiabank boosted their price objective on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a report on Thursday, October 9th.

Vermilion Energy Trading Up 2.9%

Shares of TSE VET opened at C$12.23 on Friday. The firm’s 50 day moving average price is C$11.92 and its 200-day moving average price is C$11.09. The company has a market cap of C$1.88 billion, a PE ratio of -8.05, a P/E/G ratio of -0.02 and a beta of 0.80. Vermilion Energy has a 52-week low of C$7.29 and a 52-week high of C$15.00. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$0.02 earnings per share for the quarter. The company had revenue of C$452.18 million during the quarter. Vermilion Energy had a negative net margin of 42.01% and a negative return on equity of 28.37%. On average, equities research analysts expect that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Monday, December 15th. Vermilion Energy’s payout ratio is -33.55%.

Insiders Place Their Bets

In other news, Director Myron Maurice Stadnyk purchased 5,000 shares of the stock in a transaction dated Monday, December 15th. The shares were purchased at an average cost of C$11.56 per share, with a total value of C$57,800.00. Following the acquisition, the director directly owned 50,000 shares of the company’s stock, valued at C$578,000. This represents a 11.11% increase in their ownership of the stock. Corporate insiders own 0.16% of the company’s stock.

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.