VET.TO - Vermilion Energy Inc.

Toronto - Toronto Delayed Price. Currency in CAD
6.22
+0.19 (+3.15%)
At close: 4:49PM EDT
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Previous Close6.03
Open6.46
Bid6.21 x N/A
Ask6.22 x N/A
Day's Range5.81 - 7.10
52 Week Range2.20 - 36.83
Volume8,356,481
Avg. Volume2,943,817
Market Cap974.195M
Beta (5Y Monthly)2.86
PE Ratio (TTM)29.62
EPS (TTM)0.21
Earnings DateMar. 05, 2020
Forward Dividend & Yield0.24 (3.86%)
Ex-Dividend DateMar. 29, 2020
1y Target Est7.39
  • How Should Investors React To Vermilion Energy Inc.'s (TSE:VET) CEO Pay?
    Simply Wall St.

    How Should Investors React To Vermilion Energy Inc.'s (TSE:VET) CEO Pay?

    In 2016 Tony Marino was appointed CEO of Vermilion Energy Inc. (TSE:VET). First, this article will compare CEO...

  • CNW Group

    IIROC Trade Resumption - VET

    TORONTO , April 2, 2020 /CNW/ - Trading resumes in: Company: Vermilion Energy Inc. TSX Symbol: VET Resumption (ET): 10:56:29 AM IIROC can make a decision to impose a temporary suspension (halt) of trading ...

  • CNW Group

    IIROC Trading Halt - VET

    IIROC Trading Halt - VET

  • Dividend Cuts: Income Stocks Are Casualties of the Stock Market Crash of 2020
    The Motley Fool

    Dividend Cuts: Income Stocks Are Casualties of the Stock Market Crash of 2020

    Several oil and gas stocks have announced dividend cuts, and this week saw the first Canadian Dividend Aristocrat lose its status.The post Dividend Cuts: Income Stocks Are Casualties of the Stock Market Crash of 2020 appeared first on The Motley Fool Canada.

  • Here’s What to Do If the TSX Stock Market Recovers in 2020
    The Motley Fool

    Here’s What to Do If the TSX Stock Market Recovers in 2020

    Historically, stock markets have bounced back after every recession. But in today’s declining market, low-priced and high-yield assets like the Vermilion stock are the choices of bargain hunters. Prices should rally when the market recovers.The post Here’s What to Do If the TSX Stock Market Recovers in 2020 appeared first on The Motley Fool Canada.

  • RRSP Investors: Avoid These 3 Companies
    The Motley Fool

    RRSP Investors: Avoid These 3 Companies

    Avoid these three value traps if you're looking to bolster your RRSP: Vermilion Energy (TSX:VET)(NYSE:VET), Badger Daylighting (TSX:BAD), and Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM).The post RRSP Investors: Avoid These 3 Companies appeared first on The Motley Fool Canada.

  • Warning: Sell These 3 Stocks Right Away!
    The Motley Fool

    Warning: Sell These 3 Stocks Right Away!

    Oil, hotels and cannabis companies with very little cash are likely to suffer under the coronavirus pandemic shutdown. Investors beware. The post Warning: Sell These 3 Stocks Right Away! appeared first on The Motley Fool Canada.

  • Income Investors: Avoid This Yield Trap
    The Motley Fool

    Income Investors: Avoid This Yield Trap

    Educate yourself on how to avoid "yield traps" including Vermilion Energy (TSX:VET)(NYSE:VET).The post Income Investors: Avoid This Yield Trap appeared first on The Motley Fool Canada.

  • Coronavirus Could Demolish These 2 Dividend Stocks
    The Motley Fool

    Coronavirus Could Demolish These 2 Dividend Stocks

    Dividend stocks like Vermilion Energy (TSX:VET)(NYSE:VET) could be at risk from the ongoing economic shutdown and coronavirus pandemic.The post Coronavirus Could Demolish These 2 Dividend Stocks appeared first on The Motley Fool Canada.

  • TFSA Investors: 2 Dividend Stocks That Could Cut Their Payouts After the Market Crash
    The Motley Fool

    TFSA Investors: 2 Dividend Stocks That Could Cut Their Payouts After the Market Crash

    Vermilion Energy (TSX:VET)(NYSE:VET) recently announced a cut to its dividend, but there could be more to come.The post TFSA Investors: 2 Dividend Stocks That Could Cut Their Payouts After the Market Crash appeared first on The Motley Fool Canada.

  • Baystreet

    Stocks in play: Vermilion Energy Inc.

    Has approved a reduction to our 2020 capital budget of $80 to $100 million and a reduction in our monthly ...

  • CNW Group

    Vermilion Energy Inc. Announces Reductions to Capital Program and Monthly Dividend

    CALGARY , March 16, 2020 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) announces that its Board of Directors has approved a reduction to our 2020 capital budget of $80 to $100 million and a reduction in our monthly dividend from $0.115 CDN per share to $0.02 CDN per share in response to the pronounced decline in global commodity prices. Following the release of our Q4 2019 results on March 6, 2020 , we have witnessed a further decrease in oil prices as a result of the growing COVID-19 outbreak and the ensuing oil price war between OPEC+ members. As we stated in our Q4 2019 release, in the event that we experienced an even more pronounced and protracted commodity downturn due to COVID-19 or any other cause, we would be attentive to all forms of cash outlays to protect Vermilion's financial position.

  • 2 Stocks That Will Still Bring in Cash During a Crash
    The Motley Fool

    2 Stocks That Will Still Bring in Cash During a Crash

    You can still make money even when the markets are down, and to do that you just need these two high-yield dividend stocks.The post 2 Stocks That Will Still Bring in Cash During a Crash appeared first on The Motley Fool Canada.

  • The Rout of Oil Stocks Is Far From Over
    The Motley Fool

    The Rout of Oil Stocks Is Far From Over

    There is further pain ahead for upstream oil producers like Vermilion Energy Inc. (TSX:VET)(NYSE:VET).The post The Rout of Oil Stocks Is Far From Over appeared first on The Motley Fool Canada.

  • Should Value Investors Buy Vermilion Energy (VET) Stock?
    Zacks

    Should Value Investors Buy Vermilion Energy (VET) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Thomson Reuters StreetEvents

    Edited Transcript of VET.TO earnings conference call or presentation 6-Mar-20 4:00pm GMT

    Q4 2019 Vermilion Energy Inc Earnings Call

  • Oil Stocks: Expect More Dividend Cuts
    The Motley Fool

    Oil Stocks: Expect More Dividend Cuts

    Oil Stocks are under pressure and Vermilion Energy's (TSX:VET)(NYSE:VET) dividend cut is just the beginning. The post Oil Stocks: Expect More Dividend Cuts  appeared first on The Motley Fool Canada.

  • Baystreet

    TSX Tumbles to Worst Day in 12 Years

    Canada's main stock index was set for its worst day since 2008 on Monday as the heavyweight energy sector ...

  • This High-Yield Stock Just Cut its Dividend: Could These 2 Be Next?
    The Motley Fool

    This High-Yield Stock Just Cut its Dividend: Could These 2 Be Next?

    Vermilion Energy (TSX:VET)(NYSE:VET) just disappointed investors with a dividend cut. Why Gamehost (TSX:GH) and Chemtrade Logistics (TSX:CHE.UN) could be next. The post This High-Yield Stock Just Cut its Dividend: Could These 2 Be Next? appeared first on The Motley Fool Canada.

  • 3 Canadian Stocks That Have Lost Nearly 40% Amid Coronavirus Fears
    The Motley Fool

    3 Canadian Stocks That Have Lost Nearly 40% Amid Coronavirus Fears

    These three stocks have fallen to record-low levels amid recent market weakness. Would you buy?The post 3 Canadian Stocks That Have Lost Nearly 40% Amid Coronavirus Fears appeared first on The Motley Fool Canada.

  • Vermilion shares fall after it cuts dividend due to virus hit on oil prices
    The Canadian Press

    Vermilion shares fall after it cuts dividend due to virus hit on oil prices

    CALGARY — Shares in Vermilion Energy Inc. fell by as much as 16 per cent Friday morning after it cut its dividend in half to deal with weakness in commodity prices linked to economic fallout from the novel coronavirus.CEO Tony Marino told a conference call to discuss fourth-quarter results that COVID-19 has altered individual, business and government behaviour and that's negative for global economic growth, oil demand and commodity prices."Oil prices have declined by more than US$20 per barrel from the peak we saw earlier in the year and natural gas prices have also further weakened since that time," he said."It's not our belief that COVID-19 significantly alters the long-term prospects for the oil and gas industry and, ultimately, we expect a recovery and resumption of a positive trend for commodity prices."However, we do think the recovery in oil prices we began to experience in 2020 will be pushed back for an unknown period."Marino said the company is prepared to chop its $450-million 2020 capital spending budget by as much as 15 per cent if commodity price weakness continues or worsens.The Calgary-based company's stock fell $2.05 to $10.66 in early trading after it said it will now pay a monthly dividend of 11.5 cents per share, down from its previous rate of 23 cents per share. The stock closed Thursday at $12.62, its lowest level this year and about one-third of its 52-week high of $36.84 set last April.On Thursday, Alberta's chief medical officer of health confirmed the province's first presumptive case of COVID-19, involving a woman in her 50s who lives in the Calgary area.Meanwhile, Calgary-based Parkland Fuel Corp. — which sells fuel in Canada, the United States and the Caribbean — said Friday it is braced for the virus but hasn't yet seen any negative impact."We're continuing to monitor the situation very closely. But at this point, it's hard to tell what the potential impact will be," CEO Bob Estey told a conference call to discuss fourth quarter results.He said the company's retail sales are primarily driven by population growth, with some sensitivity to economic growth, but its commercial and diesel demand tends to track the economy and could be affected by the virus.On Friday, Moody's Investors Service said it has reduced its baseline growth forecasts for all G20 economies because of the outbreak."It now seems certain that even if the virus is steadily contained, the outbreak will dampen global economic activity well into Q2 of this year," it said, adding weak demand will translate into "generally subdued" commodity prices and volatile oil prices.Vermilion's dividend cut had been predicted by some financial analysts given its steep share price decline over the past year. Some suggested the company could have cut more from its payouts."Given the yield at close yesterday was about 22 per cent, the right-sized payout ratio still offers an appealing 11 per cent yield, and the financial sustainability of the business is directionally improved," said analyst Patrick O'Rourke of AltaCorp Capital in a report.Vermilion reported production of about 58,600 barrels of oil equivalent from its Canadian operations in the fourth quarter of 2019.The rest of its total production of nearly 98,000 boe/d came from its operations in Australia, the United States and Europe.This report by The Canadian Press was first published March 6, 2020.Companies in this story: (TSX:VET, TSX:PKI)Dan Healing, The Canadian Press

  • CNW Group

    Vermilion Energy Inc. Announces Results for the Year Ended December 31, 2019 and 2019 Reserves and Resources Information

    CALGARY , March 6, 2020 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating ...