Vermilion Energy (TSE:VET) Sets New 12-Month High on Analyst Upgrade

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) hit a new 52-week high during mid-day trading on Wednesday after National Bankshares raised their price target on the stock from C$14.50 to C$18.50. National Bankshares currently has an outperform rating on the stock. Vermilion Energy traded as high as C$14.00 and last traded at C$13.93, with a volume of 2046959 shares. The stock had previously closed at C$13.65.

VET has been the topic of a number of other research reports. Desjardins lifted their target price on Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a research report on Monday, November 24th. TD Securities raised their price objective on Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. ATB Capital lifted their price target on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Thursday, December 11th. Scotiabank upped their price objective on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 20th. Finally, BMO Capital Markets increased their price objective on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the stock a “market perform” rating in a research report on Thursday, December 11th. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of C$14.50.

Insider Activity at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk acquired 5,000 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was purchased at an average price of C$11.56 per share, for a total transaction of C$57,800.00. Following the completion of the acquisition, the director owned 50,000 shares of the company’s stock, valued at approximately C$578,000. This trade represents a 11.11% increase in their position. Insiders own 0.16% of the company’s stock.

Vermilion Energy Stock Up 2.1%

The firm has a market cap of C$2.14 billion, a PE ratio of -9.16, a price-to-earnings-growth ratio of -0.02 and a beta of 1.24. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61. The business has a 50-day moving average price of C$12.04 and a two-hundred day moving average price of C$11.33.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its earnings results on Wednesday, November 5th. The company reported C$0.02 EPS for the quarter. The firm had revenue of C$452.18 million during the quarter. Vermilion Energy had a negative return on equity of 28.37% and a negative net margin of 42.01%. On average, equities research analysts expect that Vermilion Energy Inc. will post 1.3956262 EPS for the current year.

Vermilion Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st were paid a $0.13 dividend. The ex-dividend date was Monday, December 15th. This represents a $0.52 dividend on an annualized basis and a yield of 3.7%. Vermilion Energy’s payout ratio is currently -33.55%.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.