Shares of Vermilion Energy Inc (TSE:VET) (NYSE:VET) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$37.77 and last traded at C$37.95, with a volume of 480328 shares trading hands. The stock had previously closed at C$37.99.

VET has been the subject of a number of research reports. Canaccord Genuity lifted their price objective on Vermilion Energy from C$57.00 to C$60.00 in a research report on Tuesday, July 10th. CSFB raised Vermilion Energy from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from C$52.00 to C$65.00 in a research report on Wednesday, July 11th. JPMorgan Chase & Co. boosted their price target on Vermilion Energy from C$49.00 to C$63.00 in a research report on Saturday, July 14th. National Bank Financial boosted their price target on Vermilion Energy from C$51.00 to C$62.00 and gave the stock a “c$47.48” rating in a research report on Wednesday, July 18th. Finally, CIBC boosted their price target on Vermilion Energy from C$55.00 to C$60.00 in a research report on Friday, July 20th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Vermilion Energy presently has an average rating of “Buy” and an average price target of C$57.38.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Monday, July 30th. The company reported C$0.33 earnings per share for the quarter, topping the consensus estimate of C$0.23 by C$0.10. Vermilion Energy had a return on equity of 2.23% and a net margin of 2.94%. The business had revenue of C$394.50 million during the quarter, compared to analysts’ expectations of C$359.75 million.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 15th. Investors of record on Wednesday, October 31st will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, October 30th. This represents a $2.76 annualized dividend and a dividend yield of 7.24%.

In other Vermilion Energy news, Director Catherine L. Williams acquired 1,000 shares of the business’s stock in a transaction that occurred on Thursday, September 6th. The stock was acquired at an average price of C$41.00 per share, with a total value of C$41,000.00. Also, Director Carin Shirley Knickel acquired 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 28th. The shares were acquired at an average cost of C$32.18 per share, with a total value of C$160,900.00. Insiders have purchased a total of 8,370 shares of company stock valued at $309,925 in the last three months.

Vermilion Energy Company Profile (TSE:VET)

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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