Brokerages Set Vermilion Energy Inc. (TSE:VET) PT at C$14.00

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have received a consensus rating of “Hold” from the eight brokerages that are presently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is C$14.00.

A number of equities research analysts recently issued reports on VET shares. Scotiabank upped their price objective on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a report on Thursday, October 9th. Desjardins boosted their target price on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a report on Monday, November 24th. BMO Capital Markets raised their price target on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the stock a “market perform” rating in a report on Thursday, December 11th. TD Securities upped their price objective on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Finally, ATB Capital raised their target price on Vermilion Energy from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 11th.

Vermilion Energy Price Performance

TSE:VET opened at C$10.98 on Tuesday. Vermilion Energy has a one year low of C$7.29 and a one year high of C$15.11. The stock has a market cap of C$1.68 billion, a PE ratio of -7.22, a P/E/G ratio of -0.02 and a beta of 0.82. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25. The stock has a 50 day moving average price of C$11.55 and a 200 day moving average price of C$10.96.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its earnings results on Wednesday, November 5th. The company reported C$0.02 earnings per share (EPS) for the quarter. Vermilion Energy had a negative return on equity of 28.37% and a negative net margin of 42.01%.The company had revenue of C$452.18 million during the quarter. Equities research analysts expect that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Monday, December 15th. Vermilion Energy’s dividend payout ratio (DPR) is presently -33.55%.

Insider Transactions at Vermilion Energy

In related news, Director Myron Maurice Stadnyk acquired 5,000 shares of Vermilion Energy stock in a transaction that occurred on Monday, December 15th. The shares were purchased at an average cost of C$11.56 per share, for a total transaction of C$57,800.00. Following the acquisition, the director owned 50,000 shares in the company, valued at approximately C$578,000. This represents a 11.11% increase in their ownership of the stock. Company insiders own 0.16% of the company’s stock.

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.