Key Points
- Insider sale: Director Yvonne Jeffery sold 6,332 shares at an average of C$19.51 on March 31 for C$123,537, trimming her stake by 17.18% to 30,527 shares (≈C$595,582).
- Dividend increased: Vermilion raised its quarterly payout to C$0.135 (annualized C$0.54), yielding ~2.8%; the dividend was paid March 31 with an ex-dividend date of March 13.
- Analyst and valuation snapshot: The stock trades near C$19.17 (52-week high C$20.31) but carries a consensus "Hold" rating and an average price target of C$15.83, while the company shows a negative P/E (-4.51) and C$2.93B market cap.
Vermilion Energy Inc. (TSE:VET - Get Free Report) (NYSE:VET) insider Yvonne Jeffery sold 6,332 shares of the business's stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of C$19.51, for a total value of C$123,537.32. Following the completion of the sale, the insider directly owned 30,527 shares in the company, valued at approximately C$595,581.77. The trade was a 17.18% decrease in their position.
Vermilion Energy Stock Up 1.1%
TSE:VET opened at C$19.17 on Wednesday. The company has a quick ratio of 0.40, a current ratio of 0.84 and a debt-to-equity ratio of 58.60. The stock's fifty day moving average is C$15.22 and its two-hundred day moving average is C$12.78. Vermilion Energy Inc. has a 52 week low of C$7.29 and a 52 week high of C$20.31. The stock has a market capitalization of C$2.93 billion, a price-to-earnings ratio of -4.51, a price-to-earnings-growth ratio of -0.02 and a beta of 1.12.
Vermilion Energy Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st were issued a $0.135 dividend. The ex-dividend date was Friday, March 13th. This represents a $0.54 annualized dividend and a dividend yield of 2.8%. This is a boost from Vermilion Energy's previous quarterly dividend of $0.13. Vermilion Energy's dividend payout ratio (DPR) is presently -12.24%.
Analyst Upgrades and Downgrades
VET has been the subject of a number of research analyst reports. Desjardins raised their target price on Vermilion Energy from C$13.50 to C$16.00 and gave the company a "hold" rating in a report on Monday, March 9th. Royal Bank Of Canada boosted their price target on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the stock a "sector perform" rating in a research note on Thursday, March 5th. National Bank Financial increased their price target on shares of Vermilion Energy from C$14.50 to C$18.50 and gave the stock an "outperform" rating in a research report on Tuesday, February 3rd. BMO Capital Markets raised their price objective on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the company a "market perform" rating in a research note on Thursday, December 11th. Finally, Scotiabank lifted their price objective on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the company a "sector perform" rating in a report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of C$15.83.
Read Our Latest Analysis on VET
Vermilion Energy Company Profile
(
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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.
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