Vermilion Energy (NYSE:VET) Shares Gap Up – What’s Next?

Vermilion Energy Inc. (NYSE:VET) (TSE:VET)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $10.77, but opened at $11.65. Vermilion Energy shares last traded at $11.4860, with a volume of 1,236,867 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. TD Securities restated a “buy” rating on shares of Vermilion Energy in a research report on Thursday, December 11th. Zacks Research upgraded shares of Vermilion Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Wall Street Zen raised shares of Vermilion Energy from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. BMO Capital Markets restated a “market perform” rating on shares of Vermilion Energy in a research report on Thursday, December 11th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Vermilion Energy in a report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Vermilion Energy has a consensus rating of “Hold”.

Vermilion Energy Trading Up 4.5%

The company has a 50 day simple moving average of $9.31 and a two-hundred day simple moving average of $8.47. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.71 and a current ratio of 0.81. The company has a market cap of $1.72 billion, a PE ratio of -10.23 and a beta of 0.61.

Institutional Trading of Vermilion Energy

Large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC increased its position in Vermilion Energy by 178.7% during the second quarter. Tower Research Capital LLC TRC now owns 6,450 shares of the oil and gas company’s stock worth $47,000 after buying an additional 4,136 shares during the last quarter. State of Wyoming bought a new stake in Vermilion Energy during the third quarter worth approximately $56,000. Blue Trust Inc. raised its position in shares of Vermilion Energy by 18.9% in the third quarter. Blue Trust Inc. now owns 9,249 shares of the oil and gas company’s stock valued at $72,000 after purchasing an additional 1,471 shares during the period. LPL Financial LLC acquired a new stake in shares of Vermilion Energy in the fourth quarter worth $92,000. Finally, Savant Capital LLC bought a new stake in shares of Vermilion Energy during the 2nd quarter worth $82,000. 31.91% of the stock is owned by institutional investors.

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).