Vermilion Energy Inc. (NYSE:VET) (TSE:VET) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a research note 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 raised shares of Vermilion Energy from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company’s stock. Vermilion Energy currently has an average rating of “Buy” and a consensus price target of $54.31.
Vermilion Energy (NYSE:VET) opened at 32.21 on Wednesday. Vermilion Energy has a 12 month low of $29.91 and a 12 month high of $44.95. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 65.47 and a beta of 0.51. The firm has a 50-day moving average price of $32.02 and a 200 day moving average price of $35.72.
Vermilion Energy (NYSE:VET) (TSE:VET) last announced its quarterly earnings results on Wednesday, July 26th. The oil and gas company reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.37. Vermilion Energy had a net margin of 7.17% and a return on equity of 4.52%. The firm had revenue of $201.70 million during the quarter. On average, equities analysts forecast that Vermilion Energy will post $0.61 EPS for the current year.
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Several hedge funds and other institutional investors have recently modified their holdings of the company. OLD National Bancorp IN boosted its stake in shares of Vermilion Energy by 0.9% in the first quarter. OLD National Bancorp IN now owns 7,097 shares of the oil and gas company’s stock valued at $266,000 after buying an additional 63 shares during the period. Financial Counselors Inc. boosted its stake in shares of Vermilion Energy by 2.4% in the first quarter. Financial Counselors Inc. now owns 8,235 shares of the oil and gas company’s stock valued at $309,000 after buying an additional 194 shares during the period. Alliancebernstein L.P. boosted its stake in shares of Vermilion Energy by 4.7% in the first quarter. Alliancebernstein L.P. now owns 8,456 shares of the oil and gas company’s stock valued at $317,000 after buying an additional 378 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of 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 valued at $117,000 after buying an additional 405 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its stake in shares of 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 valued at $101,000 after buying an additional 484 shares during the period. Hedge funds and other institutional investors own 50.36% of the company’s stock.
About Vermilion Energy
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