Vermilion Energy (VET) Scheduled to Post Earnings on Wednesday

Vermilion Energy (TSE:VET) (NYSE:VET) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of C$0.45 per share for the quarter.

Vermilion Energy Price Performance

Shares of TSE:VET opened at C$13.32 on Tuesday. Vermilion Energy has a 12 month low of C$11.87 and a 12 month high of C$19.49. The firm has a market capitalization of C$2.08 billion, a price-to-earnings ratio of -2.61, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The business’s 50 day simple moving average is C$13.33 and its 200-day simple moving average is C$14.68. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date of this dividend was Friday, September 27th. Vermilion Energy’s dividend payout ratio is currently -9.39%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Royal Bank of Canada cut their price objective on Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. BMO Capital Markets cut Vermilion Energy from an “outperform” rating to a “market perform” rating and cut their price target for the stock from C$20.00 to C$16.00 in a report on Friday, October 4th. National Bankshares decreased their price objective on Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th. JPMorgan Chase & Co. dropped their price objective on Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Finally, Canaccord Genuity Group reduced their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$19.36.

Insider Transactions at Vermilion Energy

In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of Vermilion Energy stock in a transaction dated Wednesday, August 21st. The shares were acquired at an average cost of C$13.54 per share, with a total value of C$67,700.00. Insiders own 0.16% of the company’s stock.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.