Vermilion Energy Inc. (TSE:VET) Given Average Recommendation of "Moderate Buy" by Analysts

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET has been assigned a consensus rating of "Moderate Buy" from the ten ratings firms that are presently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$16.75.

VET has been the topic of a number of research reports. CIBC decreased their price target on shares of Vermilion Energy from C$17.00 to C$14.00 in a research note on Thursday, April 10th. Royal Bank of Canada lowered their price target on Vermilion Energy from C$17.00 to C$16.00 and set a "sector perform" rating on the stock in a research note on Monday, December 30th. Atb Cap Markets cut Vermilion Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 13th. National Bankshares raised their price objective on Vermilion Energy from C$18.00 to C$19.00 and gave the company an "outperform" rating in a report on Thursday, January 30th. Finally, Desjardins cut shares of Vermilion Energy from a "buy" rating to a "hold" rating and lowered their target price for the stock from C$19.00 to C$14.00 in a research note on Wednesday, March 19th.

Vermilion Energy Price Performance

Shares of TSE VET traded down C$0.17 during trading on Thursday, hitting C$8.54. The company had a trading volume of 1,096,627 shares, compared to its average volume of 791,306. The firm has a market capitalization of C$1.32 billion, a price-to-earnings ratio of -1.61, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The stock has a fifty day simple moving average of C$11.25 and a two-hundred day simple moving average of C$12.88. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61. Vermilion Energy has a fifty-two week low of C$7.29 and a fifty-two week high of C$17.15.

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Vermilion Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 6.09%. This is a positive change from Vermilion Energy's previous quarterly dividend of $0.12. Vermilion Energy's dividend payout ratio is currently -9.03%.

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.