Insider Buying: Vermilion Energy (TSE:VET) Director Purchases C$57,800.00 in Stock

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) Director Myron Maurice Stadnyk purchased 5,000 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was bought at an average cost of C$11.56 per share, for a total transaction of C$57,800.00. Following the completion of the acquisition, the director directly owned 50,000 shares in the company, valued at C$578,000. The trade was a 11.11% increase in their position.

Vermilion Energy Stock Performance

TSE VET opened at C$11.36 on Thursday. The company’s 50 day moving average is C$11.56 and its 200-day moving average is C$10.96. 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 Inc. has a 12-month low of C$7.29 and a 12-month high of C$15.11. The firm has a market cap of C$1.74 billion, a P/E ratio of -7.47, a price-to-earnings-growth ratio of -0.02 and a beta of 0.82.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$0.02 earnings per share for the quarter. Vermilion Energy had a negative net margin of 42.01% and a negative return on equity of 28.37%. The firm had revenue of C$452.18 million for the quarter. Sell-side analysts predict that Vermilion Energy Inc. will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st will be paid a $0.13 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $0.52 annualized dividend and a dividend yield of 4.6%. Vermilion Energy’s dividend payout ratio (DPR) is presently -33.55%.

Analyst Upgrades and Downgrades

Several brokerages have commented on VET. ATB Capital raised their price objective on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a report on Thursday, December 11th. National Bankshares lowered their price target on Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a report on Wednesday, October 22nd. Desjardins increased their price objective on Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a research report on Monday, November 24th. Scotiabank boosted their target price on Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 9th. Finally, TD Securities raised their price target on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Two equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of C$14.00.

About Vermilion Energy

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.