Vermilion Energy (NYSE:VET) Hits New 1-Year High – Should You Buy?

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) reached a new 52-week high during trading on Wednesday . The company traded as high as $9.87 and last traded at $9.6350, with a volume of 358952 shares traded. The stock had previously closed at $9.69.

Analysts Set New Price Targets

A number of equities analysts have commented on VET shares. BMO Capital Markets reissued a “market perform” rating on shares of Vermilion Energy in a research note on Thursday, December 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Vermilion Energy in a report on Wednesday, January 21st. Zacks Research lowered shares of Vermilion Energy from a “hold” rating to a “strong sell” rating in a report on Monday, January 5th. TD Securities restated a “buy” rating on shares of Vermilion Energy in a research report on Thursday, December 11th. Finally, Wall Street Zen lowered Vermilion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, January 17th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold”.

Vermilion Energy Stock Performance

The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.49. The company has a market cap of $1.48 billion, a price-to-earnings ratio of -8.81 and a beta of 0.69. The stock has a 50 day moving average price of $8.65 and a two-hundred day moving average price of $8.11.

Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings data on Wednesday, November 5th. The oil and gas company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.06). Vermilion Energy had a negative net margin of 12.08% and a negative return on equity of 1.90%. The company had revenue of $337.28 million during the quarter, compared to the consensus estimate of $373.83 million. Analysts predict that Vermilion Energy Inc. will post 0.22 EPS for the current year.

Vermilion Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Monday, December 15th. Vermilion Energy’s dividend payout ratio (DPR) is currently -33.64%.

Hedge Funds Weigh In On Vermilion Energy

Several institutional investors have recently modified their holdings of the business. Tower Research Capital LLC TRC lifted its position in 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 bought a new position in shares of Vermilion Energy in the 3rd quarter valued at about $56,000. Blue Trust Inc. grew its holdings in Vermilion Energy by 24.0% during the second quarter. Blue Trust Inc. now owns 7,778 shares of the oil and gas company’s stock worth $57,000 after purchasing an additional 1,504 shares during the period. Savant Capital LLC bought a new position in shares of Vermilion Energy during the 2nd quarter worth approximately $82,000. Finally, NewEdge Advisors LLC bought a new position in Vermilion Energy during the second quarter worth $105,000. Institutional investors own 31.91% of the company’s stock.

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).