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

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price lowered by ATB Capital from C$20.00 to C$17.50 in a research report report published on Tuesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other equities analysts have also commented on the company. BMO Capital Markets lowered Vermilion Energy from an “outperform” rating to a “market perform” rating and dropped their target price for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. Canaccord Genuity Group decreased their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd. TD Securities dropped their price target on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating for the company in a research report on Friday, December 20th. National Bankshares lifted their price target on shares of Vermilion Energy from C$17.50 to C$18.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Royal Bank of Canada lowered their price objective on shares of Vermilion Energy from C$20.00 to C$17.00 in a research note on Tuesday, September 17th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Vermilion Energy currently has an average rating of “Moderate Buy” and a consensus price target of C$18.86.

Vermilion Energy Price Performance

Vermilion Energy stock opened at C$13.13 on Tuesday. The firm’s 50-day moving average is C$13.61 and its two-hundred day moving average is C$13.98. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. The stock has a market capitalization of C$2.05 billion, a P/E ratio of -2.57, a P/E/G ratio of -0.02 and a beta of 2.60. Vermilion Energy has a 12-month low of C$11.84 and a 12-month high of C$17.56.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share (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 for the quarter, compared to analyst estimates of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. Equities analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

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