Vermilion Energy Inc. (VET) Trading 2.2% Higher
Shares of Vermilion Energy Inc. (NYSE:VET) traded up 2.2% during mid-day trading on Thursday . The stock traded as high as $36.97 and last traded at $36.91, with a volume of 120,343 shares. The stock had previously closed at $36.12.
Several analysts have recently issued reports on the company. TD Securities reaffirmed a “buy” rating and set a $54.00 price objective (up from $53.00) on shares of Vermilion Energy in a report on Thursday, August 11th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $42.00 price objective on shares of Vermilion Energy in a report on Monday, May 9th. Zacks Investment Research raised Vermilion Energy from a “sell” rating to a “buy” rating and set a $41.00 price objective on the stock in a report on Friday, August 12th. Scotiabank reaffirmed an “outperform” rating and set a $52.50 price objective on shares of Vermilion Energy in a report on Thursday, June 30th. Finally, Barclays PLC restated an “overweight” rating and set a $59.00 price target (up previously from $52.00) on shares of Vermilion Energy in a report on Thursday, August 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $50.23.
The firm’s market cap is $4.33 billion. The company’s 50-day moving average is $35.11 and its 200 day moving average is $31.98.
Vermilion Energy (NYSE:VET) last issued its quarterly earnings data on Thursday, August 11th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.32) by $0.16. The business earned $212.86 million during the quarter, compared to the consensus estimate of $151.30 million. On average, analysts expect that Vermilion Energy Inc. will post ($0.69) earnings per share for the current fiscal year.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Monday, August 22nd will be issued a $0.1634 dividend. This represents a $1.96 annualized dividend and a yield of 5.28%. The ex-dividend date of this dividend is Thursday, August 18th.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.