Vermilion Energy (TSE:VET) Price Target Raised to C$18.50

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price lifted by National Bankshares from C$14.50 to C$18.50 in a research note released on Tuesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other equities analysts have also recently issued research reports about the stock. BMO Capital Markets increased their price objective on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the stock a “market perform” rating in a research report on Thursday, December 11th. Desjardins increased their price target on Vermilion Energy from C$12.50 to C$13.00 and gave the stock a “hold” rating in a report on Monday, November 24th. TD Securities raised their price objective on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Scotiabank upped their target price on Vermilion Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 20th. Finally, ATB Capital increased their target price on 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. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Vermilion Energy currently has an average rating of “Hold” and a consensus target price of C$14.50.

Vermilion Energy Stock Performance

VET stock opened at C$13.29 on Tuesday. The firm has a market cap of C$2.04 billion, a PE ratio of -8.74, a price-to-earnings-growth ratio of -0.02 and a beta of 1.24. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. The stock has a 50-day moving average price of C$12.10 and a 200-day moving average price of C$11.36. Vermilion Energy has a 1-year low of C$7.29 and a 1-year high of C$14.00.

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

Vermilion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.13 per share. The ex-dividend date was Monday, December 15th. This represents a $0.52 annualized dividend and a yield of 3.9%. Vermilion Energy’s dividend payout ratio (DPR) is -33.55%.

Insider Transactions at Vermilion Energy

In other news, Director Myron Maurice Stadnyk bought 5,000 shares of Vermilion Energy stock in a transaction dated Monday, December 15th. The stock was purchased at an average price of C$11.56 per share, for a total transaction of C$57,800.00. Following the purchase, 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. 0.16% of the stock is owned by corporate insiders.

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.