Public Employees Retirement System of Ohio acquired a new position in Vermilion Energy Inc. (NYSE:VET – Free Report) (TSE:VET) during the second quarter, Holdings Channel reports. The firm acquired 226,214 shares of the oil and gas company’s stock, valued at approximately $2,116,000.
Other large investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its position in Vermilion Energy by 251.0% during the first quarter. EverSource Wealth Advisors LLC now owns 2,397 shares of the oil and gas company’s stock worth $33,000 after buying an additional 1,714 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Vermilion Energy by 178.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,450 shares of the oil and gas company’s stock valued at $47,000 after acquiring an additional 4,136 shares in the last quarter. State of Wyoming boosted its position in shares of Vermilion Energy by 24.3% during the 4th quarter. State of Wyoming now owns 8,929 shares of the oil and gas company’s stock valued at $74,000 after acquiring an additional 1,747 shares during the last quarter. LPL Financial LLC bought a new stake in shares of Vermilion Energy during the 4th quarter valued at about $92,000. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of Vermilion Energy by 12.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 11,846 shares of the oil and gas company’s stock valued at $99,000 after acquiring an additional 1,289 shares during the last quarter. Institutional investors own 31.91% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently weighed in on VET shares. TD Securities restated a “buy” rating on shares of Vermilion Energy in a research 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 report on Thursday, August 20th. Wall Street Zen raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Royal Bank Of Canada reissued a “sector perform” rating on shares of Vermilion Energy in a report on Tuesday, May 19th. Finally, Desjardins raised shares of Vermilion Energy to a “hold” rating in a report on Thursday, July 16th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Vermilion Energy has a consensus rating of “Hold” and an average price target of $15.00.
Vermilion Energy Trading Up 0.1%
Shares of VET stock opened at $12.85 on Monday. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 0.63. The business has a 50-day moving average price of $11.01 and a two-hundred day moving average price of $11.60. Vermilion Energy Inc. has a 12-month low of $7.10 and a 12-month high of $14.82. The firm has a market cap of $1.97 billion, a P/E ratio of -6.08 and a beta of 0.33.
Vermilion Energy (NYSE:VET – Get Free Report) (TSE:VET) last posted its quarterly earnings data on Wednesday, July 29th. The oil and gas company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.57. The firm had revenue of $390.53 million during the quarter, compared to analysts’ expectations of $330.39 million. Vermilion Energy had a positive return on equity of 5.26% and a negative net margin of 22.48%.
Vermilion Energy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th will be paid a $0.135 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.54 annualized dividend and a yield of 4.2%. Vermilion Energy’s dividend payout ratio is currently -18.48%.
Vermilion Energy Company Profile
Vermilion Energy Inc is a Canadian-based international oil and gas producer headquartered in Calgary, Alberta. Established in 1994, the company focuses on the exploration, development and production of crude oil and natural gas reserves through its wholly owned and joint venture assets. Vermilion’s upstream operations target a balance of oil and gas projects across various regions, with an emphasis on high-quality resource plays that can deliver stable cash flow and long-term reserves replacement.
Vermilion’s product portfolio includes light and medium crude oil, heavy oil, natural gas and natural gas liquids (NGLs).
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