Shares of Vermilion Energy Inc (NYSE:VET) (TSE:VET) have earned a consensus rating of “Hold” from the eight analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $52.25.
A number of analysts have recently weighed in on VET shares. Zacks Investment Research upgraded Vermilion Energy from a “strong sell” rating to a “buy” rating and set a $38.00 target price for the company in a research report on Friday, April 13th. BMO Capital Markets downgraded Vermilion Energy from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 17th. Finally, ValuEngine upgraded Vermilion Energy from a “sell” rating to a “hold” rating in a research report on Thursday, May 17th.
Hedge funds have recently made changes to their positions in the stock. American International Group Inc. acquired a new position in Vermilion Energy in the 4th quarter worth about $204,000. Koch Industries Inc. acquired a new position in Vermilion Energy in the 4th quarter worth about $262,000. HPM Partners LLC acquired a new position in Vermilion Energy in the 4th quarter worth about $283,000. ARP Americas LP acquired a new position in Vermilion Energy in the 1st quarter worth about $356,000. Finally, Jane Street Group LLC increased its holdings in Vermilion Energy by 32.0% in the 4th quarter. Jane Street Group LLC now owns 11,448 shares of the oil and gas company’s stock worth $416,000 after purchasing an additional 2,776 shares in the last quarter. Institutional investors and hedge funds own 44.24% of the company’s stock.
VET opened at $36.41 on Friday. The firm has a market capitalization of $5.43 billion, a P/E ratio of 71.39 and a beta of 0.70. Vermilion Energy has a 1 year low of $29.91 and a 1 year high of $40.59. The company has a quick ratio of 0.55, a current ratio of 0.61 and a debt-to-equity ratio of 0.88.
Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings results on Thursday, April 26th. The oil and gas company reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.06). The firm had revenue of $251.85 million during the quarter, compared to the consensus estimate of $232.04 million. Vermilion Energy had a net margin of 3.47% and a return on equity of 3.77%. research analysts expect that Vermilion Energy will post 0.96 EPS for the current fiscal year.
The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 16th. Investors of record on Friday, June 29th will be given a dividend of $0.1772 per share. The ex-dividend date is Thursday, June 28th. This represents a $2.13 annualized dividend and a dividend yield of 5.84%. Vermilion Energy’s dividend payout ratio is currently 417.65%.
About Vermilion Energy
Vermilion Energy Inc acquires, explores, develops, and produces crude petroleum and natural gas. As of December 31, 2017, it owned 74% interest in 330,900 net acres of developed land and 87% interest in 376,400 net acres of undeveloped land, as well as 375 net producing natural gas wells and 475 net producing oil wells in Canada; and 96% interest in 208,900 net acres of developed land and 99% interest in 379,800 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 332 net producing oil wells and 3 net producing gas wells in France.
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