Vermilion Energy (TSE:VET) Insider Sells C$123,537.32 in Stock

Key Points

• Insider sale: Director Yvonne Jeffery sold 6,332 shares at an average price of C$19.51 for C$123,537.32, reducing her holding by 17.18% to 30,527 shares (≈C$595,582).
• Dividend increase: Vermilion raised its quarterly dividend to $0.135 per share (annualized $0.54), a yield of about 2.8%, up from the prior quarterly payout of $0.13.
• Analyst outlook: Analysts issued mixed updates but the consensus rating is a "Hold" with a consensus price target of C$15.83, while the stock trades near C$19.06 and has a 52-week range of C$7.29–C$20.31.

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET insider Yvonne Jeffery sold 6,332 shares of the company's stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of C$19.51, for a total transaction of C$123,537.32. Following the completion of the sale, the insider owned 30,527 shares of the company's stock, valued at approximately C$595,581.77. The trade was a 17.18% decrease in their position.

Vermilion Energy Stock Up 0.5%

Shares of VET traded up C$0.09 during trading hours on Tuesday, reaching C$19.06. 1,524,649 shares of the stock traded hands, compared to its average volume of 1,417,422. The company has a current ratio of 0.84, a quick ratio of 0.40 and a debt-to-equity ratio of 58.60. The stock has a fifty day simple moving average of C$15.08 and a 200 day simple moving average of C$12.72. Vermilion Energy Inc. has a 52 week low of C$7.29 and a 52 week high of C$20.31. The company has a market cap of C$2.91 billion, a price-to-earnings ratio of -4.48, a PEG ratio of -0.02 and a beta of 1.12.

Vermilion Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.135 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.54 annualized dividend and a dividend yield of 2.8%. This is an increase from Vermilion Energy's previous quarterly dividend of $0.13. Vermilion Energy's payout ratio is -12.24%.

Analysts Set New Price Targets

A number of analysts recently commented on VET shares. BMO Capital Markets increased their price target on Vermilion Energy from C$12.00 to C$13.00 and gave the company a "market perform" rating in a research report on Thursday, December 11th. TD Securities downgraded Vermilion Energy from a "buy" rating to a "hold" rating and upped their price objective for the company from C$14.00 to C$16.00 in a research note on Thursday, March 5th. Scotiabank raised their target price on Vermilion Energy from C$14.00 to C$15.00 and gave the company a "sector perform" rating in a research report on Tuesday, January 20th. ATB Cormark Capital Markets upgraded Vermilion Energy from a "hold" rating to a "moderate buy" rating and lifted their target price for the stock from C$16.00 to C$24.00 in a research note on Friday. Finally, Royal Bank Of Canada boosted their price target on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the stock a "sector perform" rating in a report on Thursday, March 5th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of C$15.83.

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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.

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