Vermilion Energy Inc. (TSE:VET – Get Free Report) (NYSE:VET)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$13.83 and traded as high as C$14.83. Vermilion Energy shares last traded at C$14.31, with a volume of 485,762 shares.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the stock. National Bankshares lifted their price target on shares of Vermilion Energy from C$17.50 to C$18.00 and gave the stock an “outperform” rating in a research note on Monday, December 30th. Canaccord Genuity Group dropped their price target on shares of Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. TD Securities dropped their price target on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. ATB Capital dropped their price target on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research note on Monday, December 30th. Finally, BMO Capital Markets downgraded shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from C$20.00 to C$16.00 in a research note on Friday, October 4th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$17.83.
View Our Latest Research Report on VET
Vermilion Energy Price Performance
Vermilion Energy (TSE:VET – Get Free Report) (NYSE:VET) last released its earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing the consensus estimate of C$0.45 by C($0.12). The company had revenue of C$490.10 million during the quarter, compared to the consensus estimate of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. As a group, sell-side analysts expect that Vermilion Energy Inc. will post 1.3956262 earnings per share for the current year.
Vermilion Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.35%. The ex-dividend date was Tuesday, December 31st. Vermilion Energy’s dividend payout ratio (DPR) is presently -9.39%.
Insider Activity
In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of the firm’s stock in a transaction dated Friday, December 27th. The stock was acquired at an average cost of C$12.92 per share, with a total value of C$64,600.00. 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.
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