Vermilion Energy (TSE:VET) Given New C$18.00 Price Target at National Bankshares

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target hoisted by National Bankshares from C$17.50 to C$18.00 in a research note published on Tuesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other analysts have also weighed in on VET. TD Securities decreased 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 report on Friday, December 20th. Canaccord Genuity Group decreased their price objective on Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Royal Bank of Canada dropped their target price on Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. JPMorgan Chase & Co. decreased their price target on Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. Finally, BMO Capital Markets cut Vermilion Energy from an “outperform” rating to a “market perform” rating and lowered their price target for the company from C$20.00 to C$16.00 in a research report on Friday, October 4th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$18.86.

Vermilion Energy Stock Up 2.8 %

VET stock opened at C$13.13 on Tuesday. Vermilion Energy has a twelve month low of C$11.84 and a twelve month high of C$17.56. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63. The company has a market cap of C$2.05 billion, a PE ratio of -2.57, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The business’s 50-day simple moving average is C$13.63 and its 200 day simple moving average is C$14.02.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing analysts’ consensus estimates of C$0.45 by C($0.12). The firm had revenue of C$490.10 million during the quarter, compared to the consensus estimate of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. On average, research analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.66%. Vermilion Energy’s dividend payout ratio is -9.39%.

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.