Investors Purchase High Volume of Call Options on Vermilion Energy (NYSE:VET)

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) was the recipient of some unusual options trading on Tuesday. Traders purchased 23,698 call options on the stock. This is an increase of 2,138% compared to the typical daily volume of 1,059 call options.

Analyst Upgrades and Downgrades

VET has been the subject of a number of research analyst reports. Wall Street Zen raised Vermilion Energy from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Zacks Research raised shares of Vermilion Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Vermilion Energy in a research report on Wednesday, January 21st. TD Securities reaffirmed a “buy” rating on shares of Vermilion Energy in a research note on Thursday, December 11th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Vermilion Energy in a research report on Thursday, December 11th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Vermilion Energy Stock Up 0.7%

Shares of NYSE:VET opened at $11.44 on Wednesday. The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.49. The stock has a fifty day simple moving average of $9.43 and a two-hundred day simple moving average of $8.53. Vermilion Energy has a 12-month low of $5.14 and a 12-month high of $12.00. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of -10.40 and a beta of 0.61.

Institutional Trading of Vermilion Energy

Institutional investors have recently bought and sold shares of the company. Millennium Management LLC grew its position in Vermilion Energy by 4.6% in the 3rd quarter. Millennium Management LLC now owns 8,214,261 shares of the oil and gas company’s stock worth $64,161,000 after purchasing an additional 359,878 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Vermilion Energy by 22.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,512,118 shares of the oil and gas company’s stock worth $58,745,000 after buying an additional 1,388,489 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Vermilion Energy by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 6,731,403 shares of the oil and gas company’s stock worth $56,005,000 after acquiring an additional 73,242 shares during the period. UBS Group AG increased its position in Vermilion Energy by 118.2% during the fourth quarter. UBS Group AG now owns 5,592,890 shares of the oil and gas company’s stock valued at $46,645,000 after acquiring an additional 3,029,328 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in Vermilion Energy by 19.5% in the third quarter. American Century Companies Inc. now owns 3,863,101 shares of the oil and gas company’s stock valued at $30,173,000 after acquiring an additional 631,655 shares during the period. 31.91% of the stock is owned by hedge funds and other institutional investors.

About Vermilion Energy

Vermilion Energy Inc is a Canadian-based international oil and gas producer headquartered in Calgary, Alberta. Established in 1994, the company focuses on the exploration, development and production of crude oil and natural gas reserves through its wholly owned and joint venture assets. Vermilion’s upstream operations target a balance of oil and gas projects across various regions, with an emphasis on high-quality resource plays that can deliver stable cash flow and long-term reserves replacement.

Vermilion’s product portfolio includes light and medium crude oil, heavy oil, natural gas and natural gas liquids (NGLs).