Vermilion Energy Inc. (TSE:VET) Receives C$19.29 Consensus Target Price from Brokerages

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has received an average rating of “Hold” from the seven analysts that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$19.29.

A number of equities analysts have recently commented on VET shares. National Bank Financial cut their price target on shares of Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Royal Bank Of Canada increased their price objective on Vermilion Energy from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Finally, ATB Cormark Capital Markets raised Vermilion Energy from a “hold” rating to a “moderate buy” rating and raised their target price for the stock from C$16.00 to C$24.00 in a research report on Friday, March 27th.

Vermilion Energy Trading Down 0.9%

Shares of Vermilion Energy stock traded down C$0.12 on Friday, hitting C$13.27. The stock had a trading volume of 541,984 shares, compared to its average volume of 1,281,320. The stock has a 50 day moving average of C$15.36 and a 200 day moving average of C$15.03. Vermilion Energy has a twelve month low of C$9.71 and a twelve month high of C$20.31. The company has a debt-to-equity ratio of 63.73, a quick ratio of 0.40 and a current ratio of 0.63. The firm has a market capitalization of C$2.03 billion, a P/E ratio of -2.50, a PEG ratio of -0.02 and a beta of 0.23.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, May 6th. The company reported C($0.95) EPS for the quarter. Vermilion Energy had a negative return on equity of 33.68% and a negative net margin of 44.92%.The business had revenue of C$519.12 million for the quarter. Sell-side analysts expect that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were paid a $0.135 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.54 annualized dividend and a dividend yield of 4.1%. Vermilion Energy’s dividend payout ratio is presently -9.91%.

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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.