Vermilion Energy Inc (NYSE:VET) (TSE:VET) shares gapped down before the market opened on Monday . The stock had previously closed at $13.79, but opened at $14.43. Vermilion Energy shares last traded at $14.09, with a volume of 76,676 shares traded.
Several equities research analysts have recently issued reports on VET shares. CIBC set a $25.00 target price on shares of Vermilion Energy and gave the stock a “buy” rating in a research note on Tuesday, October 15th. JPMorgan Chase & Co. reissued a “hold” rating and set a $24.00 target price on shares of Vermilion Energy in a research note on Tuesday. National Bank Financial lowered shares of Vermilion Energy from a “sector perform” rating to an “underperform” rating and set a $17.50 target price on the stock. in a research note on Friday, January 31st. Zacks Investment Research lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating in a research note on Thursday, January 30th. Finally, Raymond James set a $21.00 target price on shares of Vermilion Energy and gave the stock a “buy” rating in a research note on Saturday, November 2nd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $24.39.
The business has a 50-day simple moving average of $15.96 and a 200-day simple moving average of $15.69. The company has a market cap of $2.18 billion, a PE ratio of 7.99 and a beta of 1.28. The company has a quick ratio of 0.84, a current ratio of 0.88 and a debt-to-equity ratio of 0.81.
The firm also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 31st will be paid a $0.1761 dividend. This is an increase from Vermilion Energy’s previous monthly dividend of $0.17. The ex-dividend date is Thursday, January 30th. This represents a $2.11 annualized dividend and a dividend yield of 15.11%. Vermilion Energy’s payout ratio is 276.62%.
Several large investors have recently bought and sold shares of VET. IFP Advisors Inc lifted its position in Vermilion Energy by 738.5% in the fourth quarter. IFP Advisors Inc now owns 1,677 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 1,477 shares during the last quarter. Barclays PLC raised its holdings in shares of Vermilion Energy by 65.7% in the third quarter. Barclays PLC now owns 4,165 shares of the oil and gas company’s stock valued at $70,000 after buying an additional 1,651 shares during the last quarter. Cardinal Capital Management Inc. purchased a new position in Vermilion Energy during the third quarter worth about $76,000. Quadrant Capital Group LLC raised its holdings in Vermilion Energy by 2,791.3% during the fourth quarter. Quadrant Capital Group LLC now owns 5,667 shares of the oil and gas company’s stock worth $91,000 after purchasing an additional 5,471 shares in the last quarter. Finally, Sage Capital Advisors llc purchased a new position in Vermilion Energy during the third quarter worth about $196,000. Institutional investors and hedge funds own 34.48% of the company’s stock.
About Vermilion Energy (NYSE:VET)
Vermilion Energy Inc acquires, explores, develops, and produces petroleum and natural gas in Canada, France, the Netherlands, Germany, Ireland, Australia, the United States, and Central and Eastern Europe. It owns 80% interest in 544,500 net acres of developed land and 87% interest in 439,800 net acres of undeveloped land, and 397 net producing natural gas wells and 3,346 net producing oil wells; and 96% interest in 248,900 net acres of developed land and 92% interest in 251,800 net acres of undeveloped land in the Aquitaine and Paris Basins, and 337 net producing oil wells and 2 net producing gas wells.
