Key Points
- Director Myron Maurice Stadnyk bought 5,000 shares at an average price of C$11.56 on Dec. 15, spending C$57,800 and raising his holding to 50,000 shares (an 11.11% increase).
- Vermilion declared a quarterly dividend of $0.13 per share payable Dec. 31 with an ex-dividend date of Dec. 15, equal to a $0.52 annualized payout and about a 4.5% yield.
- Street analysts carry a consensus "Hold" rating with a consensus price target of C$14.00; the stock opened at C$11.61 and the company has a market cap near C$1.78 billion and a negative P/E.
Vermilion Energy Inc. (TSE:VET - Get Free Report) (NYSE:VET) Director Myron Maurice Stadnyk bought 5,000 shares of the company's stock in a transaction dated Monday, December 15th. The shares were acquired at an average cost of C$11.56 per share, for a total transaction of C$57,800.00. Following the completion of the transaction, the director owned 50,000 shares of the company's stock, valued at approximately C$578,000. The trade was a 11.11% increase in their position.
Vermilion Energy Trading Down 2.1%
Shares of VET opened at C$11.61 on Tuesday. Vermilion Energy Inc. has a one year low of C$7.29 and a one year high of C$15.11. The stock has a 50-day moving average price of C$11.58 and a 200 day moving average price of C$10.94. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25. The company has a market capitalization of C$1.78 billion, a P/E ratio of -7.64, a P/E/G ratio of -0.02 and a beta of 0.82.
Vermilion Energy (TSE:VET - Get Free Report) (NYSE:VET) last announced its earnings results on Wednesday, November 5th. The company reported C$0.02 earnings per share (EPS) for the quarter. The company had revenue of C$452.18 million for the quarter. Vermilion Energy had a negative return on equity of 28.37% and a negative net margin of 42.01%. Sell-side analysts forecast that Vermilion Energy Inc. will post 1.3956262 EPS for the current fiscal year.
Vermilion Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Monday, December 15th. Vermilion Energy's dividend payout ratio (DPR) is currently -33.55%.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the stock. BMO Capital Markets boosted their target price on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the stock a "market perform" rating in a research report on Thursday, December 11th. Scotiabank upped their price objective on Vermilion Energy from C$13.00 to C$14.00 and gave the company a "sector perform" rating in a research note on Thursday, October 9th. Desjardins upped their price target on Vermilion Energy from C$12.50 to C$13.00 and gave the company a "hold" rating in a research report on Monday, November 24th. National Bankshares decreased their price objective on shares of Vermilion Energy from C$17.00 to C$15.00 and set an "outperform" rating for the company in a report on Wednesday, October 22nd. Finally, TD Securities increased their target price on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the stock a "buy" rating in a report on Thursday, December 11th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Vermilion Energy presently has a consensus rating of "Hold" and a consensus price target of C$14.00.
Get Our Latest Research Report on Vermilion Energy
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
