Vermilion Energy (TSE:VET) Stock Falls 13% - What's Next?

Key Points

• Vermilion Energy shares fell 13% in Wednesday mid-day trading, closing in on C$15.09 after a previous close of C$17.35; trading volume was 28% above average.
• Analysts’ average rating is “Moderate Buy,” with a consensus price target of C$19.88. Recent targets ranged from C$16 to C$28, alongside both buy and hold ratings.
• The company reported quarterly EPS of C($0.23) and revenue of C$609.29 million. It also paid a quarterly dividend of C$0.135 per share, equivalent to a 3.6% annualized yield.

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET's stock price fell 13% during mid-day trading on Wednesday. The company traded as low as C$14.92 and last traded at C$15.09. Approximately 1,546,983 shares changed hands during trading, an increase of 28% from the average daily volume of 1,210,319 shares. The stock had previously closed at C$17.35.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. BMO Capital Markets lifted their price objective on Vermilion Energy from C$15.00 to C$17.00 and gave the stock a "market perform" rating in a report on Friday, July 31st. TD upped their target price on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the company a "buy" rating in a research note on Friday, July 31st. National Bank Financial upped their target price on shares of Vermilion Energy from C$27.00 to C$28.00 and gave the company an "outperform" rating in a research note on Tuesday, October 20th. TD Securities raised shares of Vermilion Energy from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 22nd. Finally, Desjardins set a C$16.00 price target on shares of Vermilion Energy and gave the company a "hold" rating in a report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$19.88.

Vermilion Energy Price Performance

The firm has a fifty day moving average price of C$17.70 and a two-hundred day moving average price of C$16.12. The stock has a market capitalization of C$2.27 billion, a P/E ratio of -5.13, a PEG ratio of -0.02 and a beta of 0.49. The company has a debt-to-equity ratio of 62.68, a quick ratio of 0.40 and a current ratio of 1.00.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last issued its quarterly earnings data on Wednesday, November 4th. The company reported C($0.23) EPS for the quarter. The firm had revenue of C$609.29 million during the quarter. Vermilion Energy had a negative return on equity of 19.54% and a negative net margin of 24.01%. As a group, analysts expect that Vermilion Energy Inc. will post 1.40 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th were given a $0.1350 dividend. This represents a $0.54 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Tuesday, September 15th. Vermilion Energy's dividend payout ratio (DPR) is presently -18.28%.

Vermilion Energy Company Profile

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion's priorities are health and safety, the environment, and profitability, in that order.

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