Vermilion Energy Inc. (TSE:VET) Director Buys C$48,300.00 in Stock

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) Director Myron Maurice Stadnyk bought 3,000 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was acquired at an average cost of C$16.10 per share, with a total value of C$48,300.00.

Vermilion Energy Stock Performance

TSE:VET opened at C$16.60 on Thursday. The company has a debt-to-equity ratio of 31.93, a current ratio of 1.18 and a quick ratio of 0.40. The firm has a market capitalization of C$2.69 billion, a price-to-earnings ratio of -11.45, a PEG ratio of -0.02 and a beta of 2.71. The company’s 50-day moving average is C$14.91 and its two-hundred day moving average is C$16.92. Vermilion Energy Inc. has a 1-year low of C$13.30 and a 1-year high of C$21.60.

Vermilion Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be paid a dividend of $0.12 per share. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend is Wednesday, March 27th. Vermilion Energy’s dividend payout ratio (DPR) is currently -33.10%.

Analysts Set New Price Targets

VET has been the subject of a number of analyst reports. National Bankshares boosted their price target on Vermilion Energy from C$20.00 to C$21.00 in a research note on Thursday, March 7th. Desjardins dropped their target price on Vermilion Energy from C$20.50 to C$20.00 and set a “buy” rating on the stock in a research report on Friday, March 22nd. Royal Bank of Canada reduced their price target on shares of Vermilion Energy from C$23.00 to C$20.00 and set a “sector perform” rating on the stock in a research report on Friday, March 8th. Raymond James cut their price target on shares of Vermilion Energy from C$26.00 to C$24.00 and set an “outperform” rating on the stock in a report on Friday, January 19th. Finally, ATB Capital dropped their price target on shares of Vermilion Energy from C$27.00 to C$23.00 and set an “outperform” rating on the stock in a report on Thursday, January 18th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Vermilion Energy currently has a consensus rating of “Moderate Buy” and an average price target of C$21.77.

About Vermilion Energy

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.