Vermilion Energy Inc. (NYSE:VET – Get Free Report) (TSE:VET) was the recipient of unusually large options trading activity on Monday. Investors purchased 2,584 call options on the company. This is an increase of 202% compared to the average volume of 856 call options.
Analyst Ratings Changes
A number of equities analysts have recently commented on the stock. Zacks Research upgraded shares of Vermilion Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. TD Securities reaffirmed a “buy” rating on shares of Vermilion Energy in a report on Friday, July 31st. Weiss Ratings upgraded shares of Vermilion Energy from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, August 20th. Wall Street Zen raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Saturday, August 1st. Finally, Desjardins upgraded shares of Vermilion Energy to a “hold” rating in a research report on Thursday, July 16th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $15.00.
Check Out Our Latest Stock Report on Vermilion Energy
Vermilion Energy Price Performance
Vermilion Energy (NYSE:VET – Get Free Report) (TSE:VET) last issued its quarterly earnings results on Wednesday, July 29th. The oil and gas company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.57. Vermilion Energy had a positive return on equity of 5.26% and a negative net margin of 22.48%.The firm had revenue of $390.53 million during the quarter, compared to the consensus estimate of $330.39 million.
Vermilion Energy Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 15th were paid a C$0.14 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Tuesday, September 15th. Vermilion Energy’s dividend payout ratio (DPR) is currently -18.48%.
Hedge Funds Weigh In On Vermilion Energy
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its holdings in shares of Vermilion Energy by 251.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,397 shares of the oil and gas company’s stock worth $33,000 after acquiring an additional 1,714 shares during the last quarter. Amundi purchased a new stake in Vermilion Energy during the first quarter valued at about $143,000. Savant Capital LLC raised its position in Vermilion Energy by 171.3% during the fourth quarter. Savant Capital LLC now owns 35,235 shares of the oil and gas company’s stock valued at $294,000 after purchasing an additional 22,246 shares in the last quarter. Deutsche Bank AG bought a new stake in Vermilion Energy during the second quarter worth about $328,000. Finally, Alberta Investment Management Corp bought a new stake in Vermilion Energy during the second quarter worth about $383,000. Hedge funds and other institutional investors own 31.91% of the company’s stock.
Vermilion Energy Company Profile
Vermilion Energy Inc is an international oil and natural gas exploration and production company headquartered in Calgary, Alberta. The company focuses on acquiring, exploring, developing and producing crude oil, natural gas, condensate and natural gas liquids, with an emphasis on operating assets in stable jurisdictions and generating production from conventional and resource plays.
Vermilion’s operations have included properties in Canada and the United States, as well as European and other international markets such as France, the Netherlands, Germany, Croatia and Ireland.
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