Vermilion Energy Inc (TSE:VET) (NYSE:VET) declared a monthly dividend on Tuesday, July 18th, Zacks reports. Shareholders of record on Friday, July 28th will be paid a dividend of 0.215 per share on Tuesday, August 15th. This represents a $2.58 dividend on an annualized basis and a yield of 6.34%. The ex-dividend date of this dividend is Wednesday, July 26th.
Vermilion Energy (TSE VET) opened at 40.71 on Tuesday. Vermilion Energy has a 12 month low of $38.60 and a 12 month high of $58.98. The firm has a 50-day moving average price of $41.24 and a 200-day moving average price of $47.37. The company has a market capitalization of $4.93 billion and a price-to-earnings ratio of 65.66.
Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.36. Vermilion Energy had a net margin of 18.15% and a return on equity of 11.20%. The company had revenue of $271.39 million for the quarter. On average, equities analysts anticipate that Vermilion Energy will post $0.86 earnings per share for the current fiscal year.
In other news, insider Mona Jean Jasinski sold 6,500 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of C$46.90, for a total transaction of C$304,850.00.
A number of analysts have commented on VET shares. Barclays PLC cut their price target on shares of Vermilion Energy from C$64.00 to C$50.00 in a research report on Monday, July 24th. National Bank Financial cut their price target on shares of Vermilion Energy from C$60.00 to C$49.00 in a research report on Friday, June 23rd. TD Securities reaffirmed a “buy” rating and set a C$60.00 price target on shares of Vermilion Energy in a research report on Tuesday, April 11th. Scotiabank reaffirmed an “outperform” rating and set a C$62.50 price target on shares of Vermilion Energy in a research report on Monday, May 1st. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a C$55.00 price target on shares of Vermilion Energy in a research report on Monday, May 1st. Eight equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average price target of C$55.50.
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Vermilion Energy Company Profile
Vermilion Energy Inc acquires, explores, develops, and produces crude oil and natural gas in North America, Europe, and Australia. As of December 31, 2016, it owned 74% interest in 328,500 net acres of developed land and 89% interest in 500,300 net acres of undeveloped land, as well as 358 net producing natural gas wells and 445 net producing oil wells in Canada; and 96% interest in 208,900 net acres of developed land and 100% interest in 336,600 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 331 net producing oil wells in France.
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