Vermilion Energy Inc. (NYSE:VET) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts maintain a “Hold” consensus on Vermilion Energy, with five hold, two buy and one sell rating among eight analysts. The average 12-month price target is $15.00.
• Vermilion reported quarterly EPS of $0.62, significantly exceeding the $0.05 consensus estimate, while revenue of $390.53 million also topped expectations.
• The company declared a quarterly dividend of $0.135 per share, equivalent to an annualized $0.54 payout and a 4.1% yield; institutional investors own 31.91% of the stock.

Shares of Vermilion Energy Inc. (NYSE:VET - Get Free Report) TSE: VET have received an average recommendation of "Hold" from the eight analysts that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $15.00.

VET has been the topic of a number of recent analyst reports. TD Securities reissued a "buy" rating on shares of Vermilion Energy in a research report on Friday, July 31st. Zacks Research upgraded shares of Vermilion Energy from a "strong sell" rating to a "hold" rating in a research note on Monday, June 8th. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Vermilion Energy in a research note on Tuesday, May 19th. Weiss Ratings raised shares of Vermilion Energy from a "sell (d-)" rating to a "sell (d)" rating in a research report on Thursday, August 20th. Finally, Wall Street Zen raised Vermilion Energy from a "hold" rating to a "strong-buy" rating in a report on Saturday, August 1st.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its stake in Vermilion Energy by 251.0% in the first quarter. EverSource Wealth Advisors LLC now owns 2,397 shares of the oil and gas company's stock valued at $33,000 after acquiring an additional 1,714 shares during the last quarter. Amundi purchased a new stake in shares of Vermilion Energy during the 1st quarter worth approximately $143,000. FourThought Financial Partners LLC purchased a new stake in shares of Vermilion Energy during the 4th quarter worth approximately $154,000. Pictet Asset Management Holding SA raised its holdings in shares of Vermilion Energy by 27.1% in the 1st quarter. Pictet Asset Management Holding SA now owns 33,304 shares of the oil and gas company's stock worth $457,000 after purchasing an additional 7,095 shares during the period. Finally, Deutsche Bank AG bought a new stake in shares of Vermilion Energy in the 2nd quarter worth approximately $328,000. Institutional investors own 31.91% of the company's stock.

Vermilion Energy Trading Up 0.3%

NYSE VET opened at $13.28 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 0.63. The business has a fifty day simple moving average of $11.51 and a 200 day simple moving average of $11.71. Vermilion Energy has a 12 month low of $7.10 and a 12 month high of $14.82. The firm has a market capitalization of $2.03 billion, a P/E ratio of -6.29 and a beta of 0.33.

Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last posted its quarterly earnings data on Wednesday, July 29th. The oil and gas company reported $0.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.57. Vermilion Energy had a negative net margin of 22.48% and a positive return on equity of 5.26%. The firm had revenue of $390.53 million for the quarter, compared to the consensus estimate of $330.39 million.

Vermilion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th will be given a $0.135 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.54 annualized dividend and a yield of 4.1%. Vermilion Energy's payout ratio is currently -18.48%.

About Vermilion Energy

Vermilion Energy Inc is an international oil and natural gas exploration and production company headquartered in Calgary, Alberta. The company focuses on acquiring, exploring, developing and producing crude oil, natural gas, condensate and natural gas liquids, with an emphasis on operating assets in stable jurisdictions and generating production from conventional and resource plays.

Vermilion's operations have included properties in Canada and the United States, as well as European and other international markets such as France, the Netherlands, Germany, Croatia and Ireland.

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