Vermilion Energy Inc (NYSE:VET) (TSE:VET) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a research report issued on Wednesday, July 19th.
According to Zacks, “Vermilion Energy Inc. is an international oil and gas producer with properties in Western Canada, Australia, France and the Netherlands. Vermilion Energy Inc, formerly known as Vermilion Energy Trust, is based in Calgary, Canada. “
Separately, BidaskClub upgraded Vermilion Energy from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $53.25.
Shares of Vermilion Energy (NYSE:VET) traded up 0.16% during mid-day trading on Wednesday, hitting $30.51. 158,000 shares of the stock were exchanged. The firm has a 50-day moving average price of $31.65 and a 200 day moving average price of $35.04. The company has a market capitalization of $3.70 billion, a PE ratio of 61.76 and a beta of 0.51. Vermilion Energy has a 12-month low of $29.91 and a 12-month high of $44.95.
Vermilion Energy (NYSE:VET) (TSE:VET) last released its earnings results on Wednesday, July 26th. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.37. Vermilion Energy had a return on equity of 4.52% and a net margin of 7.17%. The firm had revenue of $201.70 million for the quarter. On average, equities research analysts expect that Vermilion Energy will post $0.71 earnings per share for the current year.
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Institutional investors have recently bought and sold shares of the company. BNP Paribas Arbitrage SA raised its position in Vermilion Energy by 17.9% in the second quarter. BNP Paribas Arbitrage SA now owns 3,194 shares of the oil and gas company’s stock worth $101,000 after buying an additional 484 shares in the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. raised its position in Vermilion Energy by 145.5% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 2,946 shares of the oil and gas company’s stock worth $110,000 after buying an additional 1,746 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its position in Vermilion Energy by 16.7% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,835 shares of the oil and gas company’s stock worth $117,000 after buying an additional 405 shares in the last quarter. Huntington National Bank raised its position in Vermilion Energy by 19.2% in the first quarter. Huntington National Bank now owns 3,291 shares of the oil and gas company’s stock worth $123,000 after buying an additional 530 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of Vermilion Energy by 114.2% in the second quarter. Sei Investments Co. now owns 4,657 shares of the oil and gas company’s stock valued at $148,000 after buying an additional 2,483 shares during the period. 49.36% of the stock is currently owned by institutional investors.
About Vermilion Energy
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