Is Vermilion Energy in financial trouble?
Robert Harper
Based on the latest financial disclosure, VERMILION ENERGY INC has a Probability Of Bankruptcy of 52%. This is 7.84% higher than that of the Energy sector and 6.84% higher than that of the Oil & Gas E&P industry. The probability of bankruptcy for all Canada stocks is 30.55% lower than that of the firm.
Is Vermilion Energy a takeover target?
Vermilion Energy (VET.TO) announced on Monday it is buying Spartan Energy (SPE.TO) in a friendly takeover that will expands its reach in Saskatchewan.
Does Vermilion Energy pay a dividend?
If Vermilion was to reinstate a dividend half of what they used to pay, it would result in a monthly dividend of 11.5 cents per share which is $1.38/sh on an annual basis. In today’s low interest-rate environment, a 5% dividend yield at this rate would result in a share price of $28 per share.
Why is Vermilion stock down?
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.
How much does Vermilion Energy pay in dividends?
Vermilion Energy (TSE:VET) Dividend History by Quarter
| Announced | Period | Amount |
|---|---|---|
| 2/18/2020 | Monthly | $0.23 |
| 1/15/2020 | Monthly | $0.23 |
| 12/16/2019 | Monthly | $0.23 |
| 11/15/2019 | Monthly | $0.23 |
What is the future of Vermilion Energy?
Vermilion Energy Inc (NYSE:VET) The 14 analysts offering 12-month price forecasts for Vermilion Energy Inc have a median target of 9.88, with a high estimate of 13.56 and a low estimate of 7.21. The median estimate represents a +42.97% increase from the last price of 6.91.
When did Vermilion Energy go on the NYSE?
In March 2013, Vermilion began trading on the NYSE under the ticker symbol “VET”. Vermilion entered the US market with the acquisition of properties in the Powder River Basin of northeastern Wyoming in 2014.
Where is Vermilion Energy located in the world?
Vermilion Energy is an international oil and gas producer based in Calgary, Canada. It has operations in North America, Europe and Australia. Vermilion is listed on the Toronto Stock Exchange and the New York Stock Exchange. Vermilion began in 1994 as Vermilion Resources Ltd, an Alberta focused oil and gas company.
When did Vermilion Energy change its name to a trust?
In 1997, it entered to the French market. The company changed its status to that of a trust in December 2002 when it became known as Vermilion Energy Trust for eight years; in September 2010, it converted back to a corporation. In 2004, Vermilion started to operate in the Netherlands.
When did Vermilion Energy go public in Alberta?
Vermilion began in 1994 as Vermilion Resources Ltd, an Alberta focused oil and gas company. Vermilion had its initial public offering on the Alberta Stock Exchange in April 1996 for $0.10 per share.