Traders Purchase High Volume of Vermilion Energy Call Options (NYSE:VET)

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) saw unusually large options trading on Tuesday. Investors acquired 23,698 call options on the stock. This is an increase of approximately 2,138% compared to the average volume of 1,059 call options.

Analysts Set New Price Targets

Several research analysts recently commented on VET shares. TD Securities reaffirmed 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 note on Monday, February 9th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Vermilion Energy in a report on Thursday, December 11th. Wall Street Zen raised shares of Vermilion Energy from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Vermilion Energy in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Vermilion Energy currently has a consensus rating of “Hold”.

Vermilion Energy Price Performance

VET stock traded up $0.04 during trading on Tuesday, hitting $11.40. 4,692,086 shares of the stock traded hands, compared to its average volume of 1,917,876. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of -10.36 and a beta of 0.61. Vermilion Energy has a one year low of $5.14 and a one year high of $12.00. 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 50 day simple moving average of $9.37 and a 200 day simple moving average of $8.50.

Institutional Investors Weigh In On Vermilion Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Millennium Management LLC boosted its stake in Vermilion Energy by 4.6% in the third quarter. Millennium Management LLC now owns 8,214,261 shares of the oil and gas company’s stock valued at $64,161,000 after acquiring an additional 359,878 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Vermilion Energy by 22.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,512,118 shares of the oil and gas company’s stock worth $58,745,000 after purchasing an additional 1,388,489 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Vermilion Energy by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 6,731,403 shares of the oil and gas company’s stock worth $56,005,000 after purchasing an additional 73,242 shares during the last quarter. UBS Group AG grew its stake in shares of Vermilion Energy by 118.2% during the fourth quarter. UBS Group AG now owns 5,592,890 shares of the oil and gas company’s stock worth $46,645,000 after purchasing an additional 3,029,328 shares during the period. Finally, American Century Companies Inc. increased its holdings in Vermilion Energy by 19.5% in the third quarter. American Century Companies Inc. now owns 3,863,101 shares of the oil and gas company’s stock valued at $30,173,000 after purchasing an additional 631,655 shares during the last quarter. 31.91% of the stock is owned by institutional investors and hedge funds.

About Vermilion Energy

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).