Vermilion Energy Inc. (TSE:VET) Director Acquires C$64,600.00 in Stock

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) Director Myron Maurice Stadnyk purchased 5,000 shares of the stock in a transaction dated Friday, December 27th. The shares were acquired at an average cost of C$12.92 per share, with a total value of C$64,600.00.

Vermilion Energy Stock Up 1.1 %

Shares of VET opened at C$13.00 on Tuesday. The stock’s 50-day moving average price is C$13.60 and its two-hundred day moving average price is C$13.94. Vermilion Energy Inc. has a 12 month low of C$11.84 and a 12 month high of C$17.56. The company has a market capitalization of C$2.03 billion, a PE ratio of -2.54, a PEG ratio of -0.02 and a beta of 2.60. The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 36.63.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing analysts’ consensus estimates of C$0.45 by C($0.12). The company had revenue of C$490.10 million during the quarter, compared to analyst estimates of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. On average, analysts anticipate that Vermilion Energy Inc. will post 1.3956262 EPS for the current year.

Vermilion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio (DPR) is presently -9.39%.

Analyst Ratings Changes

VET has been the subject of several research analyst reports. Canaccord Genuity Group lowered their target price on Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. Royal Bank of Canada lowered their price objective on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating for the company in a research report on Monday. National Bankshares raised their target price on shares of Vermilion Energy from C$17.50 to C$18.00 and gave the company an “outperform” rating in a research report on Monday. ATB Capital lowered their price target on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating for the company in a report on Monday. Finally, JPMorgan Chase & Co. cut their price objective on Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$18.77.

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.