Vermilion Energy Inc. (TSE:VET) Plans Quarterly Dividend of $0.14

Vermilion Energy Inc. (TSE:VETGet Free Report) (NYSE:VET) declared a quarterly dividend on Tuesday, September 15th. Stockholders of record on Tuesday, September 29th will be paid a dividend of 0.135 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

Vermilion Energy Stock Performance

Shares of Vermilion Energy stock traded down C$0.20 on Friday, reaching C$18.34. 605,997 shares of the stock were exchanged, compared to its average volume of 1,246,595. The company has a quick ratio of 0.40, a current ratio of 1.00 and a debt-to-equity ratio of 62.68. Vermilion Energy has a twelve month low of C$9.98 and a twelve month high of C$20.31. The firm has a market capitalization of C$2.80 billion, a price-to-earnings ratio of -6.32, a PEG ratio of -0.02 and a beta of 0.26. The business has a 50 day moving average price of C$15.94 and a two-hundred day moving average price of C$16.20.

Vermilion Energy (TSE:VETGet Free Report) (NYSE:VET) last issued its quarterly earnings results on Wednesday, July 29th. The company reported C$0.86 earnings per share for the quarter. The company had revenue of C$563.07 million for the quarter. Vermilion Energy had a negative net margin of 24.01% and a negative return on equity of 19.54%. Analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. TD upped their target price on Vermilion Energy from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Desjardins set a C$16.00 price target on Vermilion Energy and gave the company a “hold” rating in a report on Friday, July 17th. Royal Bank Of Canada upped their price objective on Vermilion Energy from C$22.00 to C$24.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. BMO Capital Markets lifted their target price on shares of Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a report on Friday, July 31st. Finally, TD Securities upgraded shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$19.75.

View Our Latest Report on Vermilion Energy

Vermilion Energy Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Vermilion Energy (TSE:VET)

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