Vermilion Energy (TSE:VET) Insider Sells C$123,537.32 in Stock

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) insider Yvonne Jeffery sold 6,332 shares of the stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of C$19.51, for a total value of C$123,537.32. Following the completion of the sale, the insider owned 30,527 shares in the company, valued at approximately C$595,581.77. This trade represents a 17.18% decrease in their position.

Vermilion Energy Trading Up 4.1%

VET stock opened at C$18.59 on Friday. Vermilion Energy Inc. has a one year low of C$7.29 and a one year high of C$20.31. The stock has a market cap of C$2.84 billion, a price-to-earnings ratio of -4.37, a price-to-earnings-growth ratio of -0.02 and a beta of 1.12. The company has a fifty day moving average price of C$15.43 and a two-hundred day moving average price of C$12.86. The company has a debt-to-equity ratio of 58.60, a current ratio of 0.84 and a quick ratio of 0.40.

Vermilion Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st were issued a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, March 13th. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.13. Vermilion Energy’s payout ratio is presently -12.24%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Royal Bank Of Canada increased their price target on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the company a “sector perform” rating in a report on Thursday, March 5th. Desjardins boosted their price objective on Vermilion Energy from C$13.50 to C$16.00 and gave the stock a “hold” rating in a report on Monday, March 9th. TD Securities downgraded Vermilion Energy from a “buy” rating to a “hold” rating and upped their target price for the company from C$14.00 to C$16.00 in a research report on Thursday, March 5th. BMO Capital Markets increased their target price on Vermilion Energy from C$12.00 to C$13.00 and gave the stock a “market perform” rating in a research note on Thursday, December 11th. Finally, National Bank Financial lifted their price target on Vermilion Energy from C$14.50 to C$18.50 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Vermilion Energy currently has an average rating of “Hold” and an average price target of C$15.83.

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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.