Vermilion Energy Inc (TSE:VET) Receives Average Rating of “Hold” from Brokerages

Shares of Vermilion Energy Inc (TSE:VET) (NYSE:VET) have earned an average rating of “Hold” from the thirteen research firms that are covering the company, reports. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$26.46.

VET has been the topic of several research reports. Scotiabank lifted their price objective on shares of Vermilion Energy from C$27.00 to C$28.00 in a research report on Tuesday. CIBC dropped their target price on shares of Vermilion Energy from C$32.50 to C$25.00 in a research note on Tuesday, October 15th. Royal Bank of Canada reduced their target price on shares of Vermilion Energy from C$32.00 to C$24.00 in a research report on Friday, October 18th. TD Securities decreased their price target on shares of Vermilion Energy from C$21.00 to C$20.00 and set a “hold” rating for the company in a research note on Friday, November 1st. Finally, Raymond James set a C$21.00 price target on shares of Vermilion Energy and gave the stock an “outperform” rating in a report on Wednesday, December 18th.

TSE:VET traded down C$0.11 during trading on Monday, reaching C$21.30. The company’s stock had a trading volume of 1,047,500 shares, compared to its average volume of 1,276,893. Vermilion Energy has a 12 month low of C$17.13 and a 12 month high of C$36.83. The firm has a market cap of $3.30 billion and a price-to-earnings ratio of 9.40. The firm has a 50 day moving average of C$20.57 and a 200-day moving average of C$21.42. The company has a debt-to-equity ratio of 81.01, a quick ratio of 0.65 and a current ratio of 0.88.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its earnings results on Thursday, October 31st. The company reported C$0.10 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.04 by C$0.06. The business had revenue of C$391.94 million for the quarter, compared to the consensus estimate of C$395.32 million. Equities research analysts forecast that Vermilion Energy will post 0.37 earnings per share for the current fiscal year.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 31st will be paid a $0.23 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 12.96%. The ex-dividend date of this dividend is Thursday, January 30th. Vermilion Energy’s dividend payout ratio is currently 121.80%.

Vermilion Energy Company Profile

Vermilion Energy Inc acquires, explores, develops, and produces petroleum and natural gas in Canada, France, the Netherlands, Germany, Ireland, Australia, the United States, and Central and Eastern Europe. It owns 80% interest in 544,500 net acres of developed land and 87% interest in 439,800 net acres of undeveloped land, and 397 net producing natural gas wells and 3,346 net producing oil wells; and 96% interest in 248,900 net acres of developed land and 92% interest in 251,800 net acres of undeveloped land in the Aquitaine and Paris Basins, and 337 net producing oil wells and 2 net producing gas wells.

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Analyst Recommendations for Vermilion Energy (TSE:VET)

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