Myron Maurice Stadnyk Purchases 3,000 Shares of Vermilion Energy Inc. (TSE:VET) Stock

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) Director Myron Maurice Stadnyk bought 3,000 shares of the business’s stock in a transaction on Tuesday, March 26th. The shares were purchased at an average cost of C$16.10 per share, for a total transaction of C$48,300.00.

Vermilion Energy Trading Up 1.4 %

Shares of TSE:VET opened at C$16.84 on Friday. The stock has a market capitalization of C$2.73 billion, a PE ratio of -11.61, a P/E/G ratio of -0.02 and a beta of 2.71. Vermilion Energy Inc. has a 1 year low of C$13.30 and a 1 year high of C$21.60. The firm has a fifty day moving average price of C$14.96 and a 200 day moving average price of C$16.92. The company has a current ratio of 1.18, a quick ratio of 0.40 and a debt-to-equity ratio of 31.93.

Vermilion Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.10. This represents a $0.48 dividend on an annualized basis and a yield of 2.85%. Vermilion Energy’s dividend payout ratio is currently -33.10%.

Analyst Ratings Changes

VET has been the topic of several recent analyst reports. National Bankshares boosted their target price on shares of Vermilion Energy from C$20.00 to C$21.00 in a research note on Thursday, March 7th. Desjardins cut their target price on shares of Vermilion Energy from C$20.50 to C$20.00 and set a “buy” rating on the stock in a research note on Friday, March 22nd. BMO Capital Markets cut their target price on shares of Vermilion Energy from C$22.00 to C$19.00 in a research note on Tuesday, December 12th. CIBC cut their target price on shares of Vermilion Energy from C$26.00 to C$22.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 16th. Finally, JPMorgan Chase & Co. cut their target price on shares of Vermilion Energy from C$23.00 to C$21.00 and set an “overweight” rating on the stock in a research note on Friday, March 8th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$21.77.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.