Insider Buying: Vermilion Energy Inc. (TSE:VET) Senior Officer Buys 3,600 Shares of Stock

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET Senior Officer Randy Lee Ernest Mcquaig acquired 3,600 shares of Vermilion Energy stock in a transaction dated Tuesday, May 27th. The stock was bought at an average price of C$8.85 per share, with a total value of C$31,860.00.

Vermilion Energy Price Performance

Shares of Vermilion Energy stock traded down C$0.08 during trading on Friday, reaching C$10.16. 1,006,333 shares of the stock traded hands, compared to its average volume of 840,743. The company has a market capitalization of C$1.57 billion, a price-to-earnings ratio of -1.91, a P/E/G ratio of -0.02 and a beta of 2.60. The business has a fifty day simple moving average of C$9.54 and a two-hundred day simple moving average of C$11.32. The company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40. Vermilion Energy Inc. has a 52-week low of C$7.29 and a 52-week high of C$15.70.

Vermilion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th will be given a dividend of $0.13 per share. The ex-dividend date is Monday, June 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.12%. Vermilion Energy's payout ratio is -9.03%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Desjardins upgraded Vermilion Energy from a "hold" rating to a "moderate buy" rating and upped their price objective for the stock from C$11.00 to C$11.50 in a research note on Friday, June 6th. JPMorgan Chase & Co. increased their price target on Vermilion Energy from C$10.00 to C$11.00 in a research note on Wednesday, April 23rd. BMO Capital Markets cut their price target on Vermilion Energy from C$16.00 to C$14.00 in a research note on Thursday, March 6th. CIBC cut their price target on Vermilion Energy from C$17.00 to C$14.00 in a research note on Thursday, April 10th. Finally, Royal Bank Of Canada increased their price target on Vermilion Energy from C$14.00 to C$16.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 8th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of C$14.89.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas.