Vermilion Energy (TSE:VET) Upgraded at TD

TD upgraded shares of Vermilion Energy (TSE:VET) (NYSE:VET) from a hold rating to a buy rating in a research note issued to investors on Wednesday morning,BayStreet.CA reports. The firm currently has C$18.00 target price on the stock.

A number of other equities analysts have also recently commented on the company. National Bank Financial dropped their target price on Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Royal Bank Of Canada increased their price target 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. ATB Cormark Capital Markets upgraded Vermilion Energy from a “hold” rating to a “moderate buy” rating and raised their price target for the stock from C$16.00 to C$24.00 in a research report on Friday, March 27th. Finally, Desjardins set a C$16.00 price objective on shares of Vermilion Energy and gave the stock a “hold” rating in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Vermilion Energy currently has a consensus rating of “Moderate Buy” and an average target price of C$19.12.

Vermilion Energy Stock Up 0.3%

Shares of TSE:VET opened at C$15.89 on Wednesday. The company has a market cap of C$2.43 billion, a price-to-earnings ratio of -3.00, a PEG ratio of -0.02 and a beta of 0.23. Vermilion Energy has a 12 month low of C$9.71 and a 12 month high of C$20.31. The company has a current ratio of 0.63, a quick ratio of 0.40 and a debt-to-equity ratio of 63.73. The company has a 50-day moving average price of C$14.81 and a 200 day moving average price of C$15.25.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C($0.95) earnings per share for the quarter. Vermilion Energy had a negative return on equity of 33.68% and a negative net margin of 44.92%.The company had revenue of C$519.12 million for the quarter. As a group, equities research analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid a $0.135 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.54 dividend on an annualized basis and a yield of 3.4%. Vermilion Energy’s dividend payout ratio (DPR) 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.