ATB Capital Has Lowered Expectations for Vermilion Energy (TSE:VET) Stock Price

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target reduced by ATB Capital from C$20.00 to C$17.50 in a research note published on Tuesday,BayStreet.CA reports. ATB Capital currently has an outperform rating on the stock.

A number of other analysts have also issued reports on the company. TD Securities decreased their price objective on 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. Royal Bank of Canada decreased their price target on Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. JPMorgan Chase & Co. cut their price objective on shares of Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Canaccord Genuity Group decreased their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Finally, National Bankshares raised their price target on shares of Vermilion Energy from C$17.50 to C$18.00 and gave the company an “outperform” rating in a report on Tuesday. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Vermilion Energy currently has an average rating of “Moderate Buy” and an average price target of C$18.86.

Vermilion Energy Price Performance

TSE VET opened at C$13.13 on Tuesday. The company has a market cap of C$2.05 billion, a PE ratio of -2.57, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63. The firm’s 50-day simple moving average is C$13.63 and its two-hundred day simple moving average is C$14.02. Vermilion Energy has a 52 week low of C$11.84 and a 52 week high of C$17.56.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing the consensus estimate of C$0.45 by C($0.12). Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. The business had revenue of C$490.10 million during the quarter, compared to the consensus estimate of C$497.45 million. Research analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.12 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 annualized dividend and a yield of 3.66%. Vermilion Energy’s dividend payout ratio (DPR) is presently -9.39%.

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.