Vermilion Energy Inc (TSE:VET) (NYSE:VET) announced a monthly dividend on Tuesday, July 18th, Zacks reports. Investors of record on Friday, July 28th will be given a dividend of 0.215 per share on Tuesday, August 15th. This represents a $2.58 annualized dividend and a dividend yield of 6.65%. The ex-dividend date of this dividend is Wednesday, July 26th.
Vermilion Energy (TSE VET) traded down 0.69% during midday trading on Tuesday, reaching $38.82. The company’s stock had a trading volume of 214,798 shares. The company has a market cap of $4.70 billion and a P/E ratio of 62.61. 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 $40.31 and a 200-day moving average price of $46.45.
Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Wednesday, July 26th. The company reported $0.40 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.36. The firm had revenue of $271.39 million during the quarter. Vermilion Energy had a return on equity of 11.20% and a net margin of 18.15%. On average, equities research analysts predict that Vermilion Energy will post $0.86 earnings per share for the current fiscal year.
VET has been the subject of a number of recent analyst reports. Scotiabank reissued an “outperform” rating and issued a C$62.50 price objective on shares of Vermilion Energy in a research report on Monday, May 1st. Barclays PLC reduced their price objective on Vermilion Energy from C$64.00 to C$50.00 in a research note on Monday, July 24th. TD Securities reduced their price objective on Vermilion Energy from C$60.00 to C$59.00 and set a “buy” rating for the company in a research note on Monday, May 1st. BMO Capital Markets cut their price target on Vermilion Energy from C$50.00 to C$48.00 and set an “outperform” rating for the company in a research note on Thursday, July 27th. Finally, Royal Bank Of Canada lifted their price target on Vermilion Energy from C$51.00 to C$52.00 and gave the company an “outperform” rating in a research note on Thursday, July 27th. Six research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus price target of C$56.17.
In other Vermilion Energy news, insider Mona Jean Jasinski sold 6,500 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of C$46.90, for a total value of C$304,850.00. In the last three months, insiders acquired 1,250 shares of company stock worth $49,915.
About Vermilion Energy
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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