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

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$17.83.

A number of brokerages have weighed in on VET. TD Securities cut their price target on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. Canaccord Genuity Group cut their price objective on shares of Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd. BMO Capital Markets lowered shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from C$20.00 to C$16.00 in a research report on Friday, October 4th. ATB Capital cut their price objective on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research report on Monday, December 30th. Finally, Royal Bank of Canada lowered their target price on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a report on Monday, December 30th.

Insider Activity

In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The stock was acquired at an average price of C$12.92 per share, with a total value of C$64,600.00. 0.16% of the stock is currently owned by company insiders.

Vermilion Energy Stock Up 1.2 %

Shares of TSE:VET opened at C$13.81 on Friday. Vermilion Energy has a one year low of C$11.84 and a one year high of C$17.56. The company has a 50 day moving average of C$13.95 and a 200-day moving average of C$13.79. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. The stock has a market cap of C$2.15 billion, a price-to-earnings ratio of -2.70, a P/E/G ratio of -0.02 and a beta of 2.60.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing the consensus estimate of C$0.45 by C($0.12). Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. The firm had revenue of C$490.10 million for the quarter, compared to the consensus estimate of C$497.45 million. On average, sell-side analysts forecast that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.48%. Vermilion Energy’s payout ratio is presently -9.39%.

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.