The Vermilion Energy Inc. (VET) To Go Ex-Dividend on October 20th

The Vermilion Energy Inc. (VET) To Go Ex-Dividend on October 20th

Vermilion Energy Inc. (NYSE:VET) announced a dividend on Friday, October 14th. Investors of record on Monday, October 24th will be paid a dividend of 0.1634 per share on Tuesday, November 15th. The ex-dividend date is Thursday, October 20th.

Shares of Vermilion Energy (NYSE:VET) opened at 39.97 on Friday. The company’s market cap is $4.66 billion. The company’s 50-day moving average price is $37.56 and its 200 day moving average price is $33.91. Vermilion Energy has a 52 week low of $20.31 and a 52 week high of $40.77.

Vermilion Energy (NYSE:VET) last announced its earnings results on Thursday, August 11th. The company reported ($0.48) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.32) by $0.16. Vermilion Energy had a negative return on equity of 8.50% and a negative net margin of 42.00%. The business had revenue of $212.86 million for the quarter, compared to analysts’ expectations of $151.30 million. Equities research analysts anticipate that Vermilion Energy will post ($0.76) earnings per share for the current fiscal year.

Several hedge funds have recently modified their holdings of VET. Citigroup Inc. increased its stake in shares of Vermilion Energy by 23.5% in the second quarter. Citigroup Inc. now owns 6,387 shares of the company’s stock worth $201,000 after buying an additional 1,214 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of Vermilion Energy by 0.7% in the second quarter. Alliancebernstein L.P. now owns 10,518 shares of the company’s stock worth $335,000 after buying an additional 68 shares during the last quarter. A.R.T. Advisors LLC bought a new stake in shares of Vermilion Energy during the second quarter worth approximately $499,000. Jane Street Group LLC increased its stake in shares of Vermilion Energy by 102.3% in the second quarter. Jane Street Group LLC now owns 22,177 shares of the company’s stock worth $706,000 after buying an additional 11,213 shares during the last quarter. Finally, Ingalls & Snyder LLC bought a new stake in shares of Vermilion Energy during the second quarter worth approximately $734,000. Hedge funds and other institutional investors own 44.67% of the company’s stock.

Several brokerages recently weighed in on VET. TD Securities restated a “buy” rating and set a $54.00 target price (up from $53.00) on shares of Vermilion Energy in a research note on Thursday, August 11th. Zacks Investment Research upgraded Vermilion Energy from a “sell” rating to a “buy” rating and set a $41.00 target price on the stock in a research note on Friday, August 12th. Scotiabank restated an “outperform” rating and set a $52.50 target price on shares of Vermilion Energy in a research note on Thursday, June 30th. Barclays PLC restated an “overweight” rating and set a $59.00 target price (up from $52.00) on shares of Vermilion Energy in a research note on Thursday, August 11th. Finally, Desjardins reiterated a “buy” rating and set a $52.00 price target (up previously from $47.50) on shares of Vermilion Energy in a research note on Thursday, August 11th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $50.23.

Vermilion Energy Company Profile

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