Stock News in Focus: Vermilion Energy Inc. (NYSE:VET)

Vermilion Energy Inc. (NYSE:VET) stock identified change of -7.57% away from 52-week low price and recently located move of -53.35% off 52-week high price. It has market worth of $2086.24M and dividend yield of 12.38%. VET stock has been recorded -19.81% away from 50 day moving average and -28.96% away from 200 day moving average. Moving closer, we can see that shares have been trading -18.46% off 20-day moving average.

On Aug. 15, 2019, VermilionEnergy Inc. (TSX,NYSE: VET) is pleased to released a cash dividend of $0.23 CDN per share payable on September 16, 2019 to all shareholders of record on August 30, 2019. The ex-dividend date for this payment is August 29, 2019. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

About Vermilion

Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing properties in North America, Europe and Australia.  Our business model emphasizes organic production growth augmented with value-adding acquisitions, along with providing reliable and increasing dividends to investors.  Vermilion is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia.  Vermilion holds a 20% working interest in the Corrib gas field in Ireland.  Vermilion pays a monthly dividend of Canadian $0.23 per share, which provides a current yield of approximately 14%.

Vermilion’s priorities are health and safety, the environment, and profitability, in that order.  Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings.  We have been recognized as a top decile performer amongst Canadian publicly listed companies in governance practices, as a Climate Leadership level (A-) performer by the CDP, and a Best Workplace in the Great Place to Work® Institute’s annual rankings in Canada, the Netherlands and Germany.  In addition, Vermilion emphasizes strategic community investment in each of our operating areas.

Employees and directors hold approximately 5% of our fully diluted shares, are committed to consistently delivering superior rewards for all stakeholders, and have delivered over 20 years of market outperformance.  Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.

The Basic Materials sector company, Vermilion Energy Inc. noticed change of -7.69% to $17.04 along volume of 1868078 shares in recent session compared to an average volume of 458.67K. The stock observed return of -14.37% in 5 days trading activity. The stock was at -21.11% over one month performance. VET’s shares are at -33.77% for the quarter and driving a -53.30% return over the course of the past year and is now at -19.13% since this point in 2018.

The average volatility for the week at 4.73% and for month was at 3.00%. There are 122.43M shares outstanding.


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