Vermilion Energy Inc. (NYSE:VET) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Vermilion Energy Inc. has received an average rating of "Moderate Buy" from five brokerages, with two recommendations for hold and three for buy.
• The company reported a quarterly loss of $0.20 EPS, falling short of analyst estimates, with revenues of $392.33 million against expectations of $562.50 million.
• Vermilion Energy is set to pay a quarterly dividend of $0.13 per share on October 15th, representing an annual yield of 6.7%.

Shares of Vermilion Energy Inc. (NYSE:VET - Get Free Report) TSE: VET have been assigned an average rating of "Moderate Buy" from the five brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

Several research analysts have issued reports on the company. TD Securities reiterated a "buy" rating on shares of Vermilion Energy in a research report on Tuesday. Wall Street Zen downgraded shares of Vermilion Energy from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. BMO Capital Markets reiterated a "market perform" rating on shares of Vermilion Energy in a research note on Friday, August 8th. Finally, Desjardins raised shares of Vermilion Energy from a "hold" rating to a "buy" rating in a report on Thursday, June 5th.

Institutional Trading of Vermilion Energy

Several large investors have recently bought and sold shares of VET. Tower Research Capital LLC TRC raised its stake in shares of Vermilion Energy by 178.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,450 shares of the oil and gas company's stock worth $47,000 after buying an additional 4,136 shares during the last quarter. Blue Trust Inc. raised its position in Vermilion Energy by 24.0% during the second quarter. Blue Trust Inc. now owns 7,778 shares of the oil and gas company's stock worth $57,000 after acquiring an additional 1,504 shares during the last quarter. Northern Trust Corp purchased a new stake in shares of Vermilion Energy in the fourth quarter valued at about $94,000. Savant Capital LLC acquired a new stake in shares of Vermilion Energy in the second quarter valued at approximately $82,000. Finally, FORA Capital LLC purchased a new position in shares of Vermilion Energy during the 1st quarter worth approximately $111,000. Institutional investors and hedge funds own 31.91% of the company's stock.

Vermilion Energy Stock Performance

Shares of NYSE:VET traded down $0.26 during midday trading on Tuesday, hitting $7.80. The stock had a trading volume of 1,036,573 shares, compared to its average volume of 1,231,217. Vermilion Energy has a 1 year low of $5.14 and a 1 year high of $10.85. The company has a current ratio of 1.94, a quick ratio of 1.84 and a debt-to-equity ratio of 0.74. The stock has a 50 day moving average price of $7.74 and a two-hundred day moving average price of $7.33. The company has a market capitalization of $1.20 billion, a PE ratio of -8.97 and a beta of 1.27.

Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last announced its quarterly earnings data on Thursday, August 7th. The oil and gas company reported ($0.20) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.14). Vermilion Energy had a negative net margin of 9.29% and a positive return on equity of 0.17%. The firm had revenue of $392.33 million during the quarter, compared to analyst estimates of $562.50 million. As a group, equities analysts predict that Vermilion Energy will post 0.22 earnings per share for the current fiscal year.

Vermilion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 29th will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, September 29th. This represents a $0.52 annualized dividend and a yield of 6.7%. Vermilion Energy's payout ratio is currently -42.53%.

Vermilion Energy Company Profile

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.

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