Vermilion Energy (TSE:VET) Given New C$17.50 Price Target at ATB Capital

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective reduced by ATB Capital from C$20.00 to C$17.50 in a research note released on Tuesday,BayStreet.CA reports. ATB Capital currently has an outperform rating on the stock.

A number of other equities research analysts have also weighed in on VET. Royal Bank of Canada decreased their price target on shares of Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. JPMorgan Chase & Co. decreased their price objective on Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. Canaccord Genuity Group cut their target price on Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. BMO Capital Markets lowered Vermilion Energy from an “outperform” rating to a “market perform” rating and reduced their price target for the company from C$20.00 to C$16.00 in a research report on Friday, October 4th. Finally, National Bankshares raised their price objective on Vermilion Energy from C$17.50 to C$18.00 and gave the stock an “outperform” rating in a research report on Tuesday. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$18.86.

Vermilion Energy Stock Up 2.8 %

VET stock opened at C$13.13 on Tuesday. The business’s fifty day moving average price is C$13.63 and its two-hundred day moving average price is C$14.02. The stock has a market capitalization of C$2.05 billion, a price-to-earnings ratio of -2.57, a PEG ratio of -0.02 and a beta of 2.60. Vermilion Energy has a fifty-two week low of C$11.84 and a fifty-two week high of C$17.56. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings results 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 business had revenue of C$490.10 million for 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, equities analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 annualized dividend and a yield of 3.66%. Vermilion Energy’s dividend payout ratio (DPR) is -9.39%.

Vermilion Energy Company Profile

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.