The price of Vermilion Energy Inc. (NYSE:VET) shares last traded on Wall Street fell -3.00% to $14.88.
Based on available information, 13 analysts follow Vermilion Energy Inc. (NYSE:VET). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $38.07 and a low of $18.74, we find $22.49. Given the previous closing price of $15.34, this indicates a potential upside of 46.61 percent. VET stock price is now -12.82% away from the 50-day moving average and -28.95% away from the 200-day moving average. The market capitalization of the company currently stands at $3.27B.
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Among analysts, 6 rate the stock a hold while 6 rate it a buy. Brokers who have rated the stock have averaged $24.05 as their price target over the next twelve months.
, while ‘Stifel’ rates the stock as ‘Buy’.
A total of 1.88% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in VET stock. A new stake in Vermilion Energy Inc. shares was purchased by ENCOMPASS CAPITAL ADVISORS LLC during the first quarter worth $16,368,000. MEREWETHER INVESTMENT MANAGEMENT, LP invested $11,818,000 in shares of VET during the first quarter. In the first quarter, AMERIPRISE FINANCIAL INC acquired a new stake in Vermilion Energy Inc. valued at approximately $10,683,000. HUDSON BAY CAPITAL MANAGEMENT LP acquired a new stake in VET for approximately $5,343,000. INTACT INVESTMENT MANAGEMENT INC. purchased a new stake in VET valued at around $5,255,000 in the second quarter. In total, there are 246 active investors with 29.67% ownership of the company’s stock.
A candlestick chart of Vermilion Energy Inc. (NYSE: VET) showed a price of $15.19 on Wednesday morning. During the past 12 months, Vermilion Energy Inc. has had a low of $14.55 and a high of $30.17. As of last week, the company has a debt-to-equity ratio of 0.51, a current ratio of 0.60, and a quick ratio of 0.60. The fifty day moving average price for VET is $17.07 and a two-hundred day moving average price translates $20.94 for the stock.
The latest earnings results from Vermilion Energy Inc. (NYSE: VET) was released for Jun, 2022. According to the Oil & Gas E&P Company, earnings per share came in at $1.57, beating analysts’ expectations of $1.23 by 0.34. This compares to -$0.72 EPS in the same period last year. The net profit margin was 37.80% and return on equity was 50.70% for VET. The company reported revenue of $739.6 million for the quarter, compared to $416.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 77.46 percent. For the current quarter, analysts expect VET to generate $566.55M in revenue.
In terms of dividend payout ratio, VET is presently at 2.60%.
Vermilion Energy Inc.(VET) Company Profile
Vermilion Energy Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. The company owns 81% working interest in 636,714 net acres of developed land and 85% working interest in 301,026 net acres of undeveloped land in Canada; 130,715 net acres of land in the Powder River basin in the United States; 96% working interest in 248,873 net acres of developed land and 86% working interest in 134,160 net acres of undeveloped land in the Aquitaine and Paris Basins in France; 53% working interest in 901,791 net acres of land in the Netherlands; 54,625 net developed acres and 920,723 net undeveloped acres in Germany; 975,375 net acres land in Croatia; 946,666 net acres land in Hungary; and 48,954 net acres land in Slovakia. It also owns 20% interests in the offshore Corrib natural gas field located to the northwest coast of Ireland; and 100% working interest in the Wandoo offshore oil field and related production facilities that covers 59,553 acres located on Western Australia’s northwest shelf. As of December 31, 2021, the company had 401 net producing conventional natural gas wells and 2,132 net producing light and medium crude oil wells in Canada; 167.6 net producing light and medium crude oil wells in the United States; 297.0 net producing light and medium crude oil wells and 3 net producing conventional natural gas wells in France; and 47 net producing natural gas wells in the Netherlands. Vermilion Energy Inc. was founded in 1994 and is headquartered in Calgary, Canada.
