Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET were up 20.3% on Thursday . The stock traded as high as C$9.41 and last traded at C$9.29. Approximately 2,511,157 shares traded hands during trading, an increase of 228% from the average daily volume of 764,972 shares. The stock had previously closed at C$7.72.
Wall Street Analyst Weigh In
VET has been the subject of several research analyst reports. National Bankshares upped their target price on Vermilion Energy from C$18.00 to C$19.00 and gave the stock an "outperform" rating in a research note on Thursday, January 30th. TD Securities reduced their target price on shares of Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating on the stock in a research note on Friday, December 20th. Desjardins downgraded shares of Vermilion Energy from a "buy" rating to a "hold" rating and dropped their target price for the company from C$19.00 to C$14.00 in a report on Wednesday, March 19th. BMO Capital Markets cut their price objective on Vermilion Energy from C$16.00 to C$14.00 in a research report on Thursday, March 6th. Finally, Atb Cap Markets cut Vermilion Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 13th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$16.75.
View Our Latest Analysis on VET
Vermilion Energy Price Performance
The firm has a market cap 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 company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40. The stock'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 announced 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. This is a positive change from Vermilion Energy's previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a yield of 6.09%. The ex-dividend date is Monday, March 31st. Vermilion Energy's payout ratio is -9.03%.
About Vermilion Energy
(
Get Free Report)
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.
See Also
Before you consider Vermilion Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vermilion Energy wasn't on the list.
While Vermilion Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
