Vermilion Energy Inc. (TSE:VET) Receives Average Recommendation of “Buy” from Analysts

Shares of Vermilion Energy Inc. (TSE:VETGet Rating) (NYSE:VET) have received a consensus recommendation of “Buy” from the ten ratings firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$27.35.

VET has been the topic of several analyst reports. Scotiabank lifted their price target on shares of Vermilion Energy from C$25.00 to C$27.00 in a research report on Tuesday, March 8th. BMO Capital Markets boosted their target price on Vermilion Energy from C$30.00 to C$35.00 in a research report on Monday, March 14th. National Bankshares cut their target price on Vermilion Energy to C$34.00 in a research report on Thursday, April 14th. TD Securities boosted their target price on Vermilion Energy from C$23.00 to C$29.00 and gave the company a “buy” rating in a research report on Tuesday, March 8th. Finally, Royal Bank of Canada boosted their target price on Vermilion Energy from C$26.00 to C$28.00 and gave the company a “sector perform” rating in a research report on Friday, April 29th.

In related news, Senior Officer Terrance Gerald Hergott sold 7,329 shares of the stock in a transaction dated Monday, April 4th. The shares were sold at an average price of C$27.03, for a total transaction of C$198,066.96. Following the completion of the transaction, the insider now directly owns 9,872 shares of the company’s stock, valued at C$266,791.79.

VET stock opened at C$27.79 on Thursday. The stock has a market cap of C$4.59 billion and a price-to-earnings ratio of 4.96. The business’s 50-day moving average is C$26.26 and its 200 day moving average is C$21.05. Vermilion Energy has a 12-month low of C$7.06 and a 12-month high of C$30.76. The company has a current ratio of 0.52, a quick ratio of 0.38 and a debt-to-equity ratio of 61.68.

Vermilion Energy (TSE:VETGet Rating) (NYSE:VET) last issued its earnings results on Monday, March 7th. The company reported C$1.19 earnings per share for the quarter, topping the consensus estimate of C$0.67 by C$0.52. The company had revenue of C$765.92 million for the quarter. As a group, equities analysts forecast that Vermilion Energy will post 7.1525695 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, April 18th. Stockholders of record on Thursday, March 31st were issued a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 30th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.86%. Vermilion Energy’s payout ratio is 1.07%.

Vermilion Energy Company Profile (Get Rating)

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. It owns 81% working interest in 636,714 net acres of developed land and 85% working interest in 301,026 net acres of undeveloped land; 130,715 net acres of land in the Powder River basin in the United States; 96% working interest in 248,873 net acres of developed land and 86% working interest in 134,160 net acres of undeveloped land in the Aquitaine and Paris Basins in France; 53% working interest in 901,791 net acres of land in the Netherlands; 54,625 net developed acres and 920,723 net undeveloped acres in Germany; 975,375 net acres land in Croatia; 946,666 net acres land in Hungary; and 48,954 net acres land in Slovakia.

Further Reading

Analyst Recommendations for Vermilion Energy (TSE:VET)

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