Vermilion Energy (NYSE:VET) Now Covered by Analysts at BMO Capital Markets

Equities research analysts at BMO Capital Markets initiated coverage on shares of Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET in a research report issued on Tuesday, StockNewsAPI reports. The brokerage set an "outperform" rating on the oil and gas company's stock.

Separately, TD Securities raised Vermilion Energy from a "hold" rating to a "buy" rating in a report on Wednesday, March 27th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $25.00.

Vermilion Energy Stock Up 1.3 %

NYSE VET traded up $0.15 during mid-day trading on Tuesday, hitting $11.99. The company's stock had a trading volume of 665,532 shares, compared to its average volume of 1,201,674. The company has a current ratio of 1.16, a quick ratio of 1.11 and a debt-to-equity ratio of 0.32. The company's 50 day simple moving average is $11.96 and its 200 day simple moving average is $11.90. Vermilion Energy has a twelve month low of $9.81 and a twelve month high of $15.98. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of -4.35 and a beta of 2.04.

Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last posted its earnings results on Wednesday, May 1st. The oil and gas company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.78). Vermilion Energy had a positive return on equity of 11.65% and a negative net margin of 30.71%. The business had revenue of $376.85 million for the quarter. During the same period in the previous year, the firm posted $0.77 earnings per share. Analysts anticipate that Vermilion Energy will post 1.39 earnings per share for the current year.

Institutional Trading of Vermilion Energy

Several hedge funds have recently made changes to their positions in the company. Mitsubishi UFJ Trust & Banking Corp raised its holdings in Vermilion Energy by 3.9% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 21,928 shares of the oil and gas company's stock valued at $321,000 after acquiring an additional 828 shares during the period. Tobam lifted its holdings in shares of Vermilion Energy by 8.0% in the first quarter. Tobam now owns 18,944 shares of the oil and gas company's stock worth $236,000 after buying an additional 1,409 shares in the last quarter. Natixis Advisors L.P. boosted its position in shares of Vermilion Energy by 4.0% in the third quarter. Natixis Advisors L.P. now owns 49,440 shares of the oil and gas company's stock valued at $723,000 after acquiring an additional 1,896 shares during the period. Citigroup Inc. boosted its position in shares of Vermilion Energy by 40.3% in the third quarter. Citigroup Inc. now owns 6,732 shares of the oil and gas company's stock valued at $99,000 after acquiring an additional 1,932 shares during the period. Finally, Atria Wealth Solutions Inc. grew its stake in Vermilion Energy by 24.0% during the fourth quarter. Atria Wealth Solutions Inc. now owns 13,954 shares of the oil and gas company's stock valued at $168,000 after acquiring an additional 2,701 shares in the last quarter. 31.91% of the stock is currently owned by institutional investors.

About Vermilion Energy

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.