Myron Maurice Stadnyk Acquires 5,000 Shares of Vermilion Energy (TSE:VET) Stock

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) Director Myron Maurice Stadnyk purchased 5,000 shares of the stock in a transaction dated Monday, December 15th. The shares were bought at an average price of C$11.56 per share, with a total value of C$57,800.00. Following the completion of the acquisition, the director directly owned 50,000 shares of the company’s stock, valued at approximately C$578,000. This represents a 11.11% increase in their position.

Vermilion Energy Trading Down 4.7%

TSE VET opened at C$11.07 on Wednesday. The company has a market cap of C$1.70 billion, a price-to-earnings ratio of -7.28, a price-to-earnings-growth ratio of -0.02 and a beta of 0.82. Vermilion Energy Inc. has a twelve month low of C$7.29 and a twelve month high of C$15.11. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61. The business’s fifty day moving average is C$11.56 and its 200 day moving average is C$10.96.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, November 5th. The company reported C$0.02 EPS for the quarter. The firm had revenue of C$452.18 million during the quarter. Vermilion Energy had a negative return on equity of 28.37% and a negative net margin of 42.01%. As a group, sell-side analysts expect that Vermilion Energy Inc. will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st will be given a dividend of $0.13 per share. The ex-dividend date is Monday, December 15th. This represents a $0.52 annualized dividend and a yield of 4.7%. Vermilion Energy’s dividend payout ratio (DPR) is currently -33.55%.

Wall Street Analysts Forecast Growth

VET has been the subject of several recent research reports. BMO Capital Markets upped their price target on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the company a “market perform” rating in a research report on Thursday, December 11th. Desjardins boosted their price objective on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the stock a “hold” rating in a research note on Monday, November 24th. National Bankshares lowered their target price on Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating for the company in a research report on Wednesday, October 22nd. TD Securities lifted their target price on Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Finally, ATB Capital upped their price target on Vermilion Energy from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Thursday, December 11th. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Vermilion Energy has a consensus rating of “Hold” and a consensus price target of C$14.00.

About Vermilion Energy

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.