Insider Buying: Vermilion Energy Inc. (TSE:VET) Senior Officer Acquires C$19,575.45 in Stock

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) Senior Officer Dion Hatcher bought 1,500 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was purchased at an average cost of C$13.05 per share, for a total transaction of C$19,575.45.

Vermilion Energy Stock Up 4.5 %

Shares of TSE VET opened at C$14.14 on Friday. The company has a 50 day simple moving average of C$13.61 and a 200 day simple moving average of C$13.90. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. Vermilion Energy Inc. has a 1 year low of C$11.84 and a 1 year high of C$17.56. The firm has a market cap of C$2.20 billion, a PE ratio of -2.77, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60.

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

Vermilion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.39%. The ex-dividend date is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is currently -9.39%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on VET. BMO Capital Markets cut shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. ATB Capital decreased their price target on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research note on Monday. National Bankshares upped their price objective on Vermilion Energy from C$17.50 to C$18.00 and gave the stock an “outperform” rating in a research report on Monday. JPMorgan Chase & Co. decreased their target price on Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Finally, Royal Bank of Canada dropped their target price on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating for the company in a report on Monday. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Vermilion Energy presently has an average rating of “Moderate Buy” and a consensus price target of C$18.77.

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.