Vermilion Energy (VET) Earning Somewhat Favorable Media Coverage, Analysis Finds
Media stories about Vermilion Energy (NYSE:VET) (TSE:VET) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Vermilion Energy earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 46.5238479448539 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Energy Stocks on the Cheap! Which One Will You Buy? (ca.finance.yahoo.com)
- Check Out the Outstanding Yield in this Top-Ranked Oil Stock (finance.yahoo.com)
- Here's Why You Should Snap Up Vermilion Energy Right Away (finance.yahoo.com)
- Investors Love This Stock?: Vermilion Energy Inc. (VET),Empresa Distribuidora y Comercializadora Norte Sociedad … (bitcoinpriceupdate.review)
- Vermilion Energy Inc. Announces $0.23 CDN Cash Dividend for September 17, 2018 Payment Date (finance.yahoo.com)
A number of research analysts recently issued reports on VET shares. Credit Suisse Group upgraded Vermilion Energy from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 11th. Zacks Investment Research upgraded Vermilion Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, June 13th. ValuEngine upgraded Vermilion Energy from a “sell” rating to a “hold” rating in a research note on Thursday, May 17th. Finally, TheStreet upgraded Vermilion Energy from a “d+” rating to a “c-” rating in a research note on Thursday, July 12th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $49.17.
Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings results on Monday, July 30th. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. Vermilion Energy had a positive return on equity of 3.16% and a negative net margin of 5.09%. The firm had revenue of $305.73 million for the quarter, compared to the consensus estimate of $273.05 million. research analysts expect that Vermilion Energy will post 0.81 EPS for the current fiscal year.
The business also recently disclosed a monthly dividend, which will be paid on Monday, September 17th. Shareholders of record on Friday, August 31st will be given a dividend of $0.177 per share. This represents a $2.12 dividend on an annualized basis and a yield of 6.92%. This is a boost from Vermilion Energy’s previous monthly dividend of $0.17. The ex-dividend date is Thursday, August 30th. Vermilion Energy’s dividend payout ratio (DPR) is presently 411.76%.
About Vermilion Energy
Vermilion Energy Inc acquires, explores, develops, and produces crude petroleum and natural gas. As of December 31, 2017, it owned 74% interest in 330,900 net acres of developed land and 87% interest in 376,400 net acres of undeveloped land, as well as 375 net producing natural gas wells and 475 net producing oil wells in Canada; and 96% interest in 208,900 net acres of developed land and 99% interest in 379,800 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 332 net producing oil wells and 3 net producing gas wells in France.
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