Vermilion Energy (TSE:VET) Reaches New 1-Year High – Should You Buy?

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) hit a new 52-week high on Monday . The stock traded as high as C$16.39 and last traded at C$15.69, with a volume of 709133 shares traded. The stock had previously closed at C$14.65.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. BMO Capital Markets lifted their target price on Vermilion Energy from C$12.00 to C$13.00 and gave the company a “market perform” rating in a research report on Thursday, December 11th. ATB Cormark Capital Markets raised their price target on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research note on Thursday, December 11th. Scotiabank upped their price objective on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 20th. TD Securities increased their price objective on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Finally, Desjardins raised their target price on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a research report on Monday, November 24th. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$14.50.

Vermilion Energy Stock Performance

The company has a fifty day moving average price of C$12.92 and a two-hundred day moving average price of C$11.80. The company has a debt-to-equity ratio of 48.94, a current ratio of 0.81 and a quick ratio of 0.40. The company has a market capitalization of C$2.40 billion, a P/E ratio of -10.29, a PEG ratio of -0.02 and a beta of 1.24.

Vermilion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 3.3%. The ex-dividend date was Monday, December 15th. Vermilion Energy’s dividend payout ratio is -33.55%.

Insider Activity at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were bought at an average price of C$11.56 per share, for a total transaction of C$57,800.00. Following the completion of the acquisition, the director owned 50,000 shares in the company, valued at approximately C$578,000. This trade represents a 11.11% increase in their ownership of the stock. Company insiders own 0.16% of the company’s stock.

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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.