Vermilion Energy (TSE:VET) Sets New 12-Month High – What’s Next?

Vermilion Energy Inc. (TSE:VET) (NYSE:VET)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as C$14.21 and last traded at C$13.97, with a volume of 456256 shares traded. The stock had previously closed at C$14.09.

Analyst Ratings Changes

A number of brokerages recently commented on VET. Scotiabank upped 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 note on Tuesday, January 20th. TD Securities boosted their price target on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a report on Thursday, December 11th. National Bankshares raised their price objective on shares of Vermilion Energy from C$14.50 to C$18.50 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. ATB Capital lifted their target price on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Thursday, December 11th. Finally, BMO Capital Markets increased their price target on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the stock a “market perform” rating in a research report on Thursday, December 11th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of C$14.50.

Vermilion Energy Stock Down 0.6%

The stock has a market capitalization of C$2.15 billion, a P/E ratio of -9.21, a P/E/G ratio of -0.02 and a beta of 1.24. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. The firm’s fifty day moving average is C$12.15 and its 200-day moving average is C$11.40.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$0.02 earnings per share for the quarter. The company had revenue of C$452.18 million during the quarter. Vermilion Energy had a negative net margin of 42.01% and a negative return on equity of 28.37%. As a group, equities research analysts predict that Vermilion Energy Inc. will post 1.3956262 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, December 15th. Vermilion Energy’s dividend payout ratio is presently -33.55%.

Insider Activity

In related news, Director Myron Maurice Stadnyk purchased 5,000 shares of Vermilion Energy stock in a transaction that occurred on Monday, December 15th. The shares were acquired at an average price of C$11.56 per share, for a total transaction of C$57,800.00. Following the transaction, the director directly owned 50,000 shares in the company, valued at approximately C$578,000. This represents a 11.11% increase in their ownership of the stock. 0.16% of the stock is owned by corporate insiders.

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.