Vermilion Energy (TSE:VET) Stock Falls 13% – Time to Sell?

Vermilion Energy Inc. (TSE:VET) (NYSE:VET)’s share price traded down 13% during trading on Wednesday. The stock traded as low as C$14.92 and last traded at C$15.09. Approximately 1,546,983 shares traded hands during trading, an increase of 28% from the average session volume of 1,210,319 shares. The stock had previously closed at C$17.35.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. TD boosted their price objective on Vermilion Energy from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Desjardins set a C$16.00 price objective on shares of Vermilion Energy and gave the stock a “hold” rating in a report on Friday, July 17th. BMO Capital Markets lifted their price objective on shares of Vermilion Energy from C$15.00 to C$17.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. TD Securities upgraded shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. Finally, National Bank Financial increased their target price on shares of Vermilion Energy from C$27.00 to C$28.00 and gave the company an “outperform” rating in a research report on Tuesday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Vermilion Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of C$19.88.

Vermilion Energy Stock Up 0.5%

The company has a quick ratio of 0.40, a current ratio of 1.00 and a debt-to-equity ratio of 62.68. The stock has a 50-day simple moving average of C$17.62 and a two-hundred day simple moving average of C$16.15. The firm has a market cap of C$2.26 billion, a PE ratio of -5.10, a P/E/G ratio of -0.02 and a beta of 0.49.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings data on Wednesday, November 4th. The company reported C($0.23) EPS for the quarter. Vermilion Energy had a negative return on equity of 19.54% and a negative net margin of 24.01%. The company had revenue of C$609.29 million during the quarter. Analysts expect that Vermilion Energy Inc. will post 1.40 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th were issued a dividend of $0.1350 per share. This represents a $0.54 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Tuesday, September 15th. Vermilion Energy’s dividend payout ratio is currently -18.28%.

About Vermilion Energy

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion’s priorities are health and safety, the environment, and profitability, in that order.