Vermilion Energy (NYSE:VET) Stock Crosses Below 200-Day Moving Average - What's Next?

Key Points

• Vermilion Energy’s stock fell below its 200-day moving average during Friday trading, dipping as low as $9.56 before last trading around $9.83. The 200-day average is $10.95, signaling weakening technical momentum.
• Analyst sentiment remains cautious overall, with a consensus rating of “Hold” and an average price target of $15.00. Out of eight analysts, one rates it a Buy, six rate it Hold, and one rates it Sell.
• The company recently reported a quarterly loss of $0.67 per share, missing expectations, though revenue came in roughly in line with forecasts. Vermilion also paid a $0.135 quarterly dividend, implying a 5.5% annual yield.

Vermilion Energy Inc. (NYSE:VET - Get Free Report) TSE: VET's stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.95 and traded as low as $9.56. Vermilion Energy shares last traded at $9.8250, with a volume of 1,467,698 shares changing hands.

Analyst Upgrades and Downgrades

VET has been the subject of several research reports. Scotiabank reissued a "sector perform" rating on shares of Vermilion Energy in a research note on Tuesday, April 21st. ATB Cormark Capital Markets raised Vermilion Energy from a "hold" rating to a "buy" rating in a research report on Friday, March 27th. Zacks Research raised Vermilion Energy from a "strong sell" rating to a "hold" rating in a report on Monday, June 8th. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Vermilion Energy in a research report on Tuesday, May 19th. Finally, Wall Street Zen raised Vermilion Energy from a "sell" rating to a "hold" rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $15.00.

Vermilion Energy Trading Up 1.6%

The company's 50-day moving average is $10.77 and its 200 day moving average is $10.95. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64. The firm has a market cap of $1.50 billion, a PE ratio of -2.57 and a beta of 0.31.

Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last posted its quarterly earnings data on Wednesday, May 6th. The oil and gas company reported ($0.67) earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.89). Vermilion Energy had a negative return on equity of 2.40% and a negative net margin of 43.49%.The firm had revenue of $369.04 million for the quarter, compared to analysts' expectations of $368.66 million.

Vermilion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $0.135 dividend. This represents a $0.54 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend was Monday, June 15th. Vermilion Energy's dividend payout ratio (DPR) is -10.21%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its position in Vermilion Energy by 51.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,630,488 shares of the oil and gas company's stock worth $13,207,000 after acquiring an additional 553,281 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Vermilion Energy by 197.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 693,788 shares of the oil and gas company's stock valued at $5,051,000 after purchasing an additional 460,247 shares during the period. Hsbc Holdings PLC purchased a new stake in shares of Vermilion Energy in the second quarter worth approximately $573,000. Invesco Ltd. lifted its position in shares of Vermilion Energy by 20.0% in the second quarter. Invesco Ltd. now owns 127,675 shares of the oil and gas company's stock worth $929,000 after purchasing an additional 21,268 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of Vermilion Energy by 31.3% during the second quarter. First Trust Advisors LP now owns 637,107 shares of the oil and gas company's stock worth $4,638,000 after purchasing an additional 151,895 shares during the period. 31.91% of the stock is owned by institutional investors and hedge funds.

Vermilion Energy Company Profile

Vermilion Energy Inc is a Canadian-based international oil and gas producer headquartered in Calgary, Alberta. Established in 1994, the company focuses on the exploration, development and production of crude oil and natural gas reserves through its wholly owned and joint venture assets. Vermilion's upstream operations target a balance of oil and gas projects across various regions, with an emphasis on high-quality resource plays that can deliver stable cash flow and long-term reserves replacement.

Vermilion's product portfolio includes light and medium crude oil, heavy oil, natural gas and natural gas liquids (NGLs).

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