December 19 was a positive day for Vermilion Energy Inc. (VET:CA) as its stock finished the day having gained 6.78% to hit a price of $28.84 a share. The company reached a market cap of 4.4 billion and has 152.5 million shares outstanding. Vermilion Energy Inc. is a component of the the S&P/TSX Composite Index.
2.91 million shares changed hands over the course of the day as compared to an average volume of 1.12 million over the last 30 days for Vermilion Energy Inc..
Vermilion Energy is a Canada-based international oil- and gas-producing company. The company 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 is derived from Canada, France, and Australia, where company assets consist of onshore and offshore rigs. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO Anthony W. Marino.
Vermilion Energy Inc. has hit a high of $50.46 and reached a low of $26.90 over its last year of trading. The stock’s 50-day SMA is now $33.74 and 200-day SMA is $40.17. As for its price valuations, the P/E ratio is at 0 and P/B is now 1.74.
Launched in 1977, the S&P/TSX Composite Index is widely recognized as the benchmark gauge for the broader Canadian equity market. According to TMX, the index cover approximately 95% of the Canadian equities market and only Canadian-based companies listed on the Toronto Stock Exchange are eligible to be included in the index.