Vermilion Energy Inc. (TSE:VET) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been given a consensus rating of “Moderate Buy” by the eight analysts that are covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$19.75.

A number of research analysts have recently issued reports on the company. TD Securities upgraded Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd. BMO Capital Markets raised their price target on shares of Vermilion Energy from C$15.00 to C$17.00 and gave the stock a “market perform” rating in a report on Friday, July 31st. Desjardins set a C$16.00 price objective on Vermilion Energy and gave the stock a “hold” rating in a research note on Friday, July 17th. Royal Bank Of Canada boosted their target price on shares of Vermilion Energy from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Finally, TD boosted their price target on Vermilion Energy from C$18.00 to C$19.00 and gave the company a “buy” rating in a report on Friday, July 31st.

Vermilion Energy Trading Up 3.5%

VET opened at C$17.63 on Friday. Vermilion Energy has a 52 week low of C$9.98 and a 52 week high of C$20.31. The company has a quick ratio of 0.40, a current ratio of 1.00 and a debt-to-equity ratio of 62.68. The stock’s fifty day moving average is C$14.91 and its two-hundred day moving average is C$15.90. The company has a market capitalization of C$2.69 billion, a P/E ratio of -6.08, a PEG ratio of -0.02 and a beta of 0.22.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings results on Wednesday, July 29th. The company reported C$0.86 EPS for the quarter. Vermilion Energy had a negative return on equity of 19.54% and a negative net margin of 24.01%.The firm had revenue of C$563.07 million for the quarter. Analysts forecast that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.135 per share. The ex-dividend date was Monday, June 15th. This represents a $0.54 dividend on an annualized basis and a yield of 3.1%. Vermilion Energy’s dividend payout ratio is currently -18.28%.

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.