Vermilion Energy Inc. Announces Quarterly Dividend of $0.14 (TSE:VET)

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) declared a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Investors of record on Tuesday, June 30th will be given a dividend of 0.135 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Monday, June 15th.

Vermilion Energy Stock Performance

TSE:VET traded down C$0.07 during mid-day trading on Friday, reaching C$15.58. 931,790 shares of the company’s stock were exchanged, compared to its average volume of 1,332,318. Vermilion Energy has a one year low of C$9.71 and a one year high of C$20.31. The firm has a market capitalization of C$2.39 billion, a PE ratio of -2.94, a price-to-earnings-growth ratio of -0.02 and a beta of 0.26. The business’s fifty day simple moving average is C$16.95 and its two-hundred day simple moving average is C$14.84. The company has a debt-to-equity ratio of 63.73, a quick ratio of 0.40 and a current ratio of 0.63.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings results on Wednesday, May 6th. The company reported C($0.95) EPS for the quarter. Vermilion Energy had a negative return on equity of 33.68% and a negative net margin of 44.92%.The business had revenue of C$519.13 million for the quarter. Analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Analyst Ratings Changes

VET has been the topic of a number of recent research reports. National Bank Financial lowered their price target on shares of Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Royal Bank Of Canada raised their price target on shares of Vermilion Energy from C$22.00 to C$24.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Desjardins raised their target price on shares of Vermilion Energy from C$13.50 to C$16.00 and gave the company a “hold” rating in a report on Monday, March 9th. ATB Cormark Capital Markets raised shares of Vermilion Energy from a “hold” rating to a “moderate buy” rating and raised their target price for the company from C$16.00 to C$24.00 in a report on Friday, March 27th. Finally, TD Securities lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating and raised their target price for the company from C$14.00 to C$16.00 in a report on Thursday, March 5th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Vermilion Energy currently has a consensus rating of “Hold” and a consensus target price of C$19.29.

Vermilion Energy Company Profile

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.