Terrance Gerald Hergott Sells 2,500 Shares of Vermilion Energy Inc (VET) Stock

Vermilion Energy Inc (TSE:VET) (NYSE:VET) insider Terrance Gerald Hergott sold 2,500 shares of the stock in a transaction dated Thursday, March 15th. The stock was sold at an average price of C$40.00, for a total transaction of C$100,000.00.

Shares of Vermilion Energy Inc (TSE:VET) traded up C$0.26 on Friday, reaching C$40.29. 648,394 shares of the company were exchanged, compared to its average volume of 452,024. The stock has a market capitalization of $4,870.00, a P/E ratio of 79.00 and a beta of 0.32. Vermilion Energy Inc has a 1-year low of C$38.33 and a 1-year high of C$51.03.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its earnings results on Thursday, March 1st. The company reported C$0.09 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.25 by C($0.16). The company had revenue of C$317.34 million during the quarter, compared to analysts’ expectations of C$309.15 million. Vermilion Energy had a net margin of 2.94% and a return on equity of 2.23%.

The business also recently announced a monthly dividend, which was paid on Thursday, March 15th. Investors of record on Wednesday, February 28th were paid a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 6.40%. The ex-dividend date of this dividend was Tuesday, February 27th. Vermilion Energy’s dividend payout ratio is currently 505.88%.

VET has been the topic of a number of recent analyst reports. CIBC increased their price target on shares of Vermilion Energy from C$52.00 to C$55.00 in a report on Tuesday, January 23rd. Barclays increased their price target on shares of Vermilion Energy from C$51.00 to C$59.00 in a report on Wednesday, January 17th. National Bank Financial increased their price target on shares of Vermilion Energy from C$48.00 to C$54.00 and gave the stock an “outperform” rating in a report on Tuesday, January 9th. Finally, JPMorgan Chase & Co. set a C$50.00 target price on shares of Vermilion Energy and gave the company an “overweight” rating in a research note on Monday, February 12th. Six investment analysts have rated the stock with a buy rating, Vermilion Energy has an average rating of “Buy” and an average price target of C$53.56.

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Vermilion Energy Company Profile

Vermilion Energy Inc produces oil and gas, and focuses on the acquisition, development and optimization of producing properties in North America, the Europe and Australia. Its segments include Canada, which includes production and assets focused in West Pembina near Drayton Valley, Alberta and Northgate in southeast Saskatchewan; France, which produces oil in France; Netherlands, which produces onshore gas and interests include over 24 onshore licenses and two offshore licenses; Germany, which holds interest in a four partner consortium; Ireland, which includes a non-operating interest in the offshore Corrib gas field located approximately 83 kilometers off the northwest coast of Ireland; Australia, which holds an operated working interest in the Wandoo field located approximately 80 kilometers offshore on the northwest shelf of Australia; the United States, which has interests in approximately 97,200 net acres of land in the Powder River Basin of northeastern Wyoming, and Corporate.

Insider Buying and Selling by Quarter for Vermilion Energy (TSE:VET)

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