Vermilion Energy Inc. (NYSE:VET) shares traded 2.17% higher at $13.19 on Wall Street last session.
In accordance with the data, 13 analysts cover 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 $30.74 and a low of $14.00, we find $19.55. Given the previous closing price of $12.91, this indicates a potential upside of 51.43 percent. VET stock price is now 9.66% away from the 50-day moving average and -16.44% away from the 200-day moving average. The market capitalization of the company currently stands at $2.69B.
It has been rated a hold by 6 analysts and a buy by 6. Brokers who have rated the stock have averaged $19.92 as their price target over the next twelve months.
Insiders disposed of 5,269,445 shares of company stock worth roughly $69.5 million over the past 1 year. A total of 0.14% 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 M&G INVESTMENT MANAGEMENT LTD during the first quarter worth $6,030,000. VOLORIDGE INVESTMENT MANAGEMENT, LLC invested $3,819,000 in shares of VET during the first quarter. In the first quarter, COBALT CAPITAL MANAGEMENT, INC. acquired a new stake in Vermilion Energy Inc. valued at approximately $3,495,000. QUADRATURE CAPITAL LTD acquired a new stake in VET for approximately $2,812,000. AIGEN INVESTMENT MANAGEMENT, LP purchased a new stake in VET valued at around $782,000 in the second quarter. In total, there are 248 active investors with 33.93% ownership of the company’s stock.
Vermilion Energy Inc. (NYSE: VET) opened at $12.95 on Monday. During the past 12 months, Vermilion Energy Inc. has had a low of $10.75 and a high of $30.17. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 0.80, and a quick ratio of 0.80. According to the stock market information, the enterprise value for the company is $2.84B, which is based on a 1.57 price-to-earnings ratio, a 0.08 price-to-earnings-growth ratio, and a beta of 2.25. The fifty day moving average price for VET is $12.05 and a two-hundred day moving average price translates $15.74 for the stock.
The latest earnings results from Vermilion Energy Inc. (NYSE: VET) was released for Mar, 2023. According to the Oil & Gas E&P Company, earnings per share came in at $1.71, beating analysts’ expectations of $0.72 by 0.99. This compares to $1.33 EPS in the same period last year. The net profit margin was 44.60% and return on equity was 44.20% for VET. The company reported revenue of $395.0 million for the quarter, compared to $621.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -36.4 percent. For the current quarter, analysts expect VET to generate $445.38M in revenue.
In terms of dividend payout ratio, VET is presently at 3.70%.
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 82% working interest in 796,648 net acres of developed land and 85% working interest in 384,237 net acres of undeveloped land in Canada; 149,043 net acres of land in the Powder River basin in the United States; 96% working interest in 258,125 net acres of developed land and 100% working interest in 106,993 net acres of undeveloped land in the Aquitaine and Paris Basins in France; 53% working interest in 1,604,206 net acres of land in the Netherlands; 107,351 net developed acres and 1,549,929 net undeveloped acres in Germany; 975,374 net acres land in Croatia; 614,625 net acres land in Hungary; and 97,907 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 59,552 acres located on Western Australia’s northwest shelf. Vermilion Energy Inc. was founded in 1994 and is headquartered in Calgary, Canada.
