Vermilion Energy Inc. (NYSE:VET) saw strong trading volume on Friday . 366,653 shares were traded during mid-day trading, an increase of 143% from the previous session’s volume of 150,749 shares.The stock last traded at $34.79 and had previously closed at $33.80.

A number of analysts have issued reports on the company. Desjardins reissued a “buy” rating and issued a $44.00 target price (up from $42.00) on shares of Vermilion Energy in a research report on Tuesday, May 10th. Zacks Investment Research upgraded Vermilion Energy from a “sell” rating to a “hold” rating in a research report on Saturday, June 11th. Barclays PLC reiterated an “overweight” rating and issued a $45.00 price target on shares of Vermilion Energy in a research report on Thursday, June 30th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $42.00 price target on shares of Vermilion Energy in a research report on Monday, May 9th. Finally, CIBC reiterated an “outperform” rating and issued a $50.00 price target on shares of Vermilion Energy in a research report on Wednesday, June 15th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $48.17.

The company has a 50-day moving average of $32.38 and a 200-day moving average of $30.34. The firm’s market capitalization is $3.96 billion.

Vermilion Energy (NYSE:VET) last released its quarterly earnings results on Friday, May 6th. The company reported ($0.76) earnings per share for the quarter, beating the consensus estimate of ($0.77) by $0.01. The firm had revenue of $177.40 million for the quarter, compared to the consensus estimate of $186.50 million. On average, equities analysts predict that Vermilion Energy Inc. will post ($0.92) EPS for the current year.

The company also recently declared a monthly dividend, which will be paid on Monday, August 15th. Stockholders of record on Friday, July 22nd will be issued a dividend of $0.1659 per share. The ex-dividend date is Wednesday, July 20th. This represents a $1.99 annualized dividend and a dividend yield of 5.72%.

Several institutional investors have recently added to or reduced their stakes in the stock. Morgan Stanley boosted its position in Vermilion Energy by 760.3% in the fourth quarter. Morgan Stanley now owns 53,142 shares of the company’s stock valued at $1,441,000 after buying an additional 46,965 shares during the last quarter. State of Wisconsin Investment Board boosted its position in Vermilion Energy by 70.5% in the fourth quarter. State of Wisconsin Investment Board now owns 95,757 shares of the company’s stock valued at $2,593,000 after buying an additional 39,600 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Vermilion Energy by 11.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 134,733 shares of the company’s stock valued at $3,657,000 after buying an additional 13,634 shares during the last quarter. Finally, I.G. Investment Management LTD. boosted its position in Vermilion Energy by 2.6% in the fourth quarter. I.G. Investment Management LTD. now owns 296,314 shares of the company’s stock valued at $8,058,000 after buying an additional 7,427 shares during the last quarter.

Vermilion Energy Inc (Vermilion) is a Canada-based international oil and gas producer. The Company is focused on the acquisition, development and optimization of producing properties in North America, Europe and Australia. The Company’s segments are Canada, which relates to its assets in Alberta and Saskatchewan; France, which relates to its operations in France in the Paris and Aquitaine basins; Netherlands, which relates to its operations in the Netherlands; Germany, which relates to its operations in Germany; Ireland, which relates to its non-operated interest in the Corrib offshore natural gas field; Australia, which relates to operations on the Wandoo offshore crude oil field; the United States, which relates to its operations in Wyoming in the Powder River Basin, and Corporate.

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