Vermilion Energy Inc (TSE:VET) (NYSE:VET) insider Terrance Gerald Hergott acquired 500 shares of the stock in a transaction that occurred on Thursday, August 3rd. The shares were bought at an average price of C$39.95 per share, for a total transaction of C$19,975.00.
Vermilion Energy Inc (VET) traded up 2.60% on Friday, reaching $40.71. 338,714 shares of the company’s stock traded hands. Vermilion Energy Inc has a 12-month low of $38.60 and a 12-month high of $58.98. The stock has a 50 day moving average price of $41.24 and a 200 day moving average price of $47.37. The stock has a market cap of $4.93 billion and a price-to-earnings ratio of 65.66.
Vermilion Energy (TSE:VET) (NYSE:VET) last released its earnings results 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. Analysts forecast that Vermilion Energy Inc will post $0.77 EPS for the current year.
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Friday, July 28th will be paid a dividend of $0.215 per share. This represents a $2.58 annualized dividend and a yield of 6.34%. The ex-dividend date is Wednesday, July 26th.
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VET has been the topic of a number of research analyst reports. Barclays PLC lowered their price objective on shares of Vermilion Energy from C$64.00 to C$50.00 in a research report on Monday, July 24th. National Bank Financial lowered their price objective on shares of Vermilion Energy from C$60.00 to C$49.00 in a research report on Friday, June 23rd. TD Securities restated a “buy” rating and set a C$60.00 price objective on shares of Vermilion Energy in a research report on Tuesday, April 11th. Scotiabank restated an “outperform” rating and set a C$62.50 price objective on shares of Vermilion Energy in a research report on Monday, May 1st. Finally, BMO Capital Markets restated an “outperform” rating and set a C$55.00 price objective on shares of Vermilion Energy in a research report on Monday, May 1st. Eight research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of C$55.50.
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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