Vermilion Energy Inc. (VET) To Go Ex-Dividend on September 15th

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) declared a quarterly dividend on Tuesday, September 15th. Stockholders of record on Tuesday, September 29th will be given a dividend of 0.135 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, September 15th.

Vermilion Energy Stock Performance

Vermilion Energy stock traded down C$0.20 during midday trading on Friday, hitting C$18.34. The company’s stock had a trading volume of 605,997 shares, compared to its average volume of 1,246,595. The company has a debt-to-equity ratio of 62.68, a current ratio of 1.00 and a quick ratio of 0.40. The company has a market cap of C$2.80 billion, a price-to-earnings ratio of -6.32, a PEG ratio of -0.02 and a beta of 0.26. Vermilion Energy has a 1-year low of C$9.98 and a 1-year high of C$20.31. The company has a 50-day moving average price of C$15.94 and a two-hundred day moving average price of C$16.20.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings results on Wednesday, July 29th. The company reported C$0.86 EPS for the quarter. Vermilion Energy had a negative return on equity of 19.54% and a negative net margin of 24.01%.The company had revenue of C$563.07 million for the quarter. As a group, sell-side analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VET. TD Securities raised Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. TD lifted their target price on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Royal Bank Of Canada upped their price target on shares of Vermilion Energy from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Desjardins set a C$16.00 price objective on Vermilion Energy and gave the stock a “hold” rating in a research report on Friday, July 17th. Finally, BMO Capital Markets upped their price target on shares of Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$19.75.

Vermilion Energy Company Profile

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion’s priorities are health and safety, the environment, and profitability, in that order.