Vermilion Energy (TSE:VET) Price Target Lowered to C$17.00 at TD Securities

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target lowered by TD Securities from C$18.00 to C$17.00 in a report released on Friday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

VET has been the subject of several other research reports. 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. BMO Capital Markets downgraded Vermilion Energy from an “outperform” rating to a “market perform” rating and decreased their target price for the company from C$20.00 to C$16.00 in a research report on Friday, October 4th. National Bankshares lowered their target price on Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th. JPMorgan Chase & Co. reduced their price target on Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. Finally, Royal Bank of Canada lowered their price objective on Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Vermilion Energy presently has an average rating of “Moderate Buy” and a consensus target price of C$19.27.

Vermilion Energy Stock Down 0.2 %

TSE:VET opened at C$12.73 on Friday. The firm has a market capitalization of C$1.98 billion, a price-to-earnings ratio of -2.49, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63. Vermilion Energy has a twelve month low of C$11.87 and a twelve month high of C$17.56. The stock’s 50 day moving average price is C$13.69 and its two-hundred day moving average price is C$14.10.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing the consensus estimate of C$0.45 by C($0.12). The firm had revenue of C$490.10 million for the quarter, compared to analyst estimates of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. Equities research analysts expect that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 3.77%. Vermilion Energy’s dividend payout ratio is currently -9.39%.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.