Vermilion Energy Inc. (NYSE:VET – Get Free Report) (TSE:VET) declared a quarterly dividend on Wednesday, November 4th. Shareholders of record on Tuesday, December 15th will be paid a dividend of C$0.14 per share by the oil and gas company on Thursday, December 31st. This represents a $0.54 annualized dividend and a yield of 5.0%. The ex-dividend date is Tuesday, December 15th.
Vermilion Energy has a payout ratio of -139.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
Vermilion Energy Stock Performance
Shares of VET stock opened at $10.76 on Thursday. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of -5.09 and a beta of 0.52. Vermilion Energy has a 52-week low of $7.30 and a 52-week high of $14.82. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 0.63. The company’s 50 day moving average is $12.59 and its 200 day moving average is $11.62.
Vermilion Energy (NYSE:VET – Get Free Report) (TSE:VET) last released its quarterly earnings results on Wednesday, November 4th. The oil and gas company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.35). The firm had revenue of $417.06 million during the quarter, compared to the consensus estimate of $332.96 million. Vermilion Energy had a negative net margin of 22.48% and a positive return on equity of 5.26%.
Vermilion Energy Company Profile
Vermilion Energy Inc is a Canadian-based international oil and natural gas producer headquartered in Calgary, Alberta. Founded in 1994, the company explores for, develops, and produces crude oil, condensate, natural gas liquids, and natural gas.
Vermilion operates a geographically diversified portfolio of assets in North America and Europe, with activities in Canada, the United States, France, the Netherlands, Germany, and Croatia. Its production includes conventional and unconventional oil and gas, with operations focused on developing reserves and supplying energy to regional and international markets.
The company’s shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.
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