Vermilion Energy (NYSE:VET) Reaches New 12-Month Low at $11.31

Vermilion Energy Inc. (NYSE:VET – Get Rating) (TSE:VET) hit a new 52-week low during trading on Friday . The company traded as low as $11.31 and last traded at $11.34, with a volume of 259598 shares trading hands. The stock had previously closed at $11.45.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. TD Securities lowered Vermilion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, March 29th. StockNews.com initiated coverage on Vermilion Energy in a research note on Thursday, May 18th. They issued a “hold” rating for the company. Finally, JPMorgan Chase & Co. raised Vermilion Energy from a “neutral” rating to an “overweight” rating in a research report on Tuesday, March 14th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.44.

Vermilion Energy Trading Up 0.7 %

The stock has a 50 day moving average of $12.58 and a 200-day moving average of $15.06. The company has a market capitalization of $1.91 billion, a P/E ratio of 1.80 and a beta of 2.22. The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 0.26.

Vermilion Energy (NYSE:VET – Get Rating) (TSE:VET) last announced its quarterly earnings data on Wednesday, March 8th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.19). The company had revenue of $620.75 million for the quarter. Vermilion Energy had a net margin of 43.59% and a return on equity of 25.51%. On average, research analysts predict that Vermilion Energy Inc. will post 2.21 EPS for the current year.

Vermilion Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Friday, June 30th will be paid a $0.0734 dividend. This represents a $0.29 annualized dividend and a yield of 2.55%. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Thursday, June 29th. Vermilion Energy’s dividend payout ratio is presently 4.55%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Optiver Holding B.V. boosted its position in Vermilion Energy by 68.7% during the third quarter. Optiver Holding B.V. now owns 1,243 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 506 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its position in Vermilion Energy by 2.7% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 22,800 shares of the oil and gas company’s stock valued at $493,000 after purchasing an additional 600 shares in the last quarter. Geode Capital Management LLC boosted its position in Vermilion Energy by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 77,592 shares of the oil and gas company’s stock valued at $1,493,000 after purchasing an additional 888 shares in the last quarter. Covestor Ltd bought a new stake in Vermilion Energy during the first quarter valued at about $25,000. Finally, Credit Suisse AG boosted its position in Vermilion Energy by 0.7% during the third quarter. Credit Suisse AG now owns 196,414 shares of the oil and gas company’s stock valued at $4,206,000 after purchasing an additional 1,271 shares in the last quarter. 27.94% of the stock is currently owned by institutional investors.

Vermilion Energy Company Profile

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Vermilion Energy, Inc engages in the acquisition, exploration, development, and production of oil and natural gas. It operates through the following geographical segments: Canada, United States of America, France, Netherlands, Germany, Ireland, Australia, and Corporate. The company was founded by Lorenzo Donadeo and Claudio A.