Vermilion Energy Inc. (TSE:VET – Get Free Report) (NYSE:VET) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$15.95 and traded as high as C$18.10. Vermilion Energy shares last traded at C$17.77, with a volume of 1,431,092 shares.
Wall Street Analysts Forecast Growth
VET has been the topic of a number of research analyst reports. Desjardins set a C$16.00 target price on Vermilion Energy and gave the stock a “hold” rating in a report on Friday, July 17th. BMO Capital Markets raised their target price on Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a research note on Friday, July 31st. Royal Bank Of Canada lifted their price target on Vermilion Energy from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. National Bank Financial reduced their price target on Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Finally, TD Securities upgraded Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$19.75.
Get Our Latest Analysis on Vermilion Energy
Vermilion Energy Stock Performance
Vermilion Energy (TSE:VET – Get Free Report) (NYSE:VET) last announced its quarterly earnings data on Wednesday, July 29th. The company reported C$0.86 earnings per share for the quarter. Vermilion Energy had a negative net margin of 24.01% and a negative return on equity of 19.54%. The business had revenue of C$563.07 million for the quarter. On average, research analysts anticipate that Vermilion Energy Inc. will post 1.3956262 earnings per share for the current year.
Vermilion Energy Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were paid a $0.135 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.54 annualized dividend and a dividend yield of 2.9%. Vermilion Energy’s dividend payout ratio is presently -18.28%.
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.
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