Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET shares shot up 20.3% on Thursday . The stock traded as high as C$9.41 and last traded at C$9.29. 2,511,157 shares changed hands during trading, an increase of 228% from the average session volume of 764,972 shares. The stock had previously closed at C$7.72.
Analyst Ratings Changes
A number of research analysts have issued reports on the company. TD Securities decreased their price target on Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating for the company in a report on Friday, December 20th. BMO Capital Markets decreased their target price on shares of Vermilion Energy from C$16.00 to C$14.00 in a research note on Thursday, March 6th. Desjardins lowered shares of Vermilion Energy from a "buy" rating to a "hold" rating and dropped their price target for the company from C$19.00 to C$14.00 in a research report on Wednesday, March 19th. CIBC decreased their price objective on shares of Vermilion Energy from C$17.00 to C$14.00 in a research report on Thursday, April 10th. Finally, ATB Capital lowered their target price on shares of Vermilion Energy from C$20.00 to C$17.50 and set an "outperform" rating on the stock in a research note on Monday, December 30th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Vermilion Energy has a consensus rating of "Moderate Buy" and an average price target of C$16.75.
Check Out Our Latest Analysis on VET
Vermilion Energy Stock Performance
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 stock has a market capitalization of C$1.34 billion, a price-to-earnings ratio of -1.63, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The firm's fifty day moving average price is C$11.34 and its 200 day moving average price is C$12.92.
Vermilion Energy Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be issued a dividend of $0.13 per share. This is an increase from Vermilion Energy's previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.52 annualized dividend and a yield of 6.00%. Vermilion Energy's dividend payout ratio is -9.03%.
Vermilion Energy Company Profile
(
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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.
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