Vermilion Energy (TSE:VET) Insider Dion Hatcher Buys 1,600 Shares

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) insider Dion Hatcher purchased 1,600 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was bought at an average cost of C$10.34 per share, with a total value of C$16,544.00. Following the completion of the acquisition, the insider owned 23,000 shares of the company’s stock, valued at approximately C$237,820. The trade was a 7.48% increase in their ownership of the stock.

Vermilion Energy Stock Performance

TSE VET opened at C$10.57 on Friday. Vermilion Energy Inc. has a fifty-two week low of C$7.29 and a fifty-two week high of C$15.17. The stock has a market cap of C$1.63 billion, a price-to-earnings ratio of -8.66, a price-to-earnings-growth ratio of -0.02 and a beta of 0.62. The business has a fifty day moving average of C$10.66 and a 200-day moving average of C$10.14. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61.

Vermilion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 15th will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 4.9%. The ex-dividend date is Monday, September 29th. Vermilion Energy’s dividend payout ratio is presently -40.98%.

Wall Street Analysts Forecast Growth

VET has been the subject of several analyst reports. BMO Capital Markets upped their target price on Vermilion Energy from C$10.50 to C$12.00 and gave the company a “market perform” rating in a research note on Friday, August 8th. Scotiabank upped their target price on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Vermilion Energy has a consensus rating of “Hold” and an average price target of C$14.60.

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.