Vermilion Energy Inc (TSE:VET) (NYSE:VET) insider Terrance Gerald Hergott sold 2,500 shares of the company’s stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of C$40.00, for a total transaction of C$100,000.00.
Shares of Vermilion Energy Inc (TSE:VET) traded up C$0.26 on Friday, hitting C$40.29. 648,400 shares of the stock traded hands, compared to its average volume of 452,024. The firm has a market capitalization of $4,870.00, a PE ratio of 79.00 and a beta of 0.32. Vermilion Energy Inc has a 1-year low of C$38.33 and a 1-year high of C$51.03.
Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings results on Thursday, March 1st. The company reported C$0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.25 by C($0.16). The business had revenue of C$317.34 million for the quarter, compared to analyst estimates of C$309.15 million. Vermilion Energy had a return on equity of 2.23% and a net margin of 2.94%.
The company also recently announced a monthly dividend, which was paid on Thursday, March 15th. Investors of record on Wednesday, February 28th were issued a $0.215 dividend. The ex-dividend date was Tuesday, February 27th. This represents a $2.58 annualized dividend and a yield of 6.40%. Vermilion Energy’s dividend payout ratio (DPR) is 505.88%.
Several analysts have recently issued reports on VET shares. CIBC increased their price target on shares of Vermilion Energy from C$52.00 to C$55.00 in a research report on Tuesday, January 23rd. Barclays increased their price target on shares of Vermilion Energy from C$51.00 to C$59.00 in a research report on Wednesday, January 17th. National Bank Financial increased their price target on shares of Vermilion Energy from C$48.00 to C$54.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 9th. Finally, JPMorgan Chase & Co. set a C$50.00 price target on shares of Vermilion Energy and gave the stock an “overweight” rating in a research report on Monday, February 12th. Six analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of C$53.56.
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About Vermilion Energy
Vermilion Energy Inc produces oil and gas, and focuses on the acquisition, development and optimization of producing properties in North America, the Europe and Australia. Its segments include Canada, which includes production and assets focused in West Pembina near Drayton Valley, Alberta and Northgate in southeast Saskatchewan; France, which produces oil in France; Netherlands, which produces onshore gas and interests include over 24 onshore licenses and two offshore licenses; Germany, which holds interest in a four partner consortium; Ireland, which includes a non-operating interest in the offshore Corrib gas field located approximately 83 kilometers off the northwest coast of Ireland; Australia, which holds an operated working interest in the Wandoo field located approximately 80 kilometers offshore on the northwest shelf of Australia; the United States, which has interests in approximately 97,200 net acres of land in the Powder River Basin of northeastern Wyoming, and Corporate.
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