Graham Capital Wealth Management LLC Sells 2,584 Shares of Vermilion Energy Inc. (NYSE:VET)

Graham Capital Wealth Management LLC decreased its position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 2.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 117,886 shares of the oil and gas company’s stock after selling 2,584 shares during the quarter. Vermilion Energy accounts for approximately 1.2% of Graham Capital Wealth Management LLC’s holdings, making the stock its 24th biggest holding. Graham Capital Wealth Management LLC owned approximately 0.08% of Vermilion Energy worth $1,152,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VET. Vanguard Group Inc. grew its holdings in shares of Vermilion Energy by 1.2% during the first quarter. Vanguard Group Inc. now owns 5,925,874 shares of the oil and gas company’s stock worth $73,718,000 after purchasing an additional 71,476 shares during the last quarter. Millennium Management LLC lifted its position in Vermilion Energy by 34.5% during the 2nd quarter. Millennium Management LLC now owns 5,484,654 shares of the oil and gas company’s stock worth $60,359,000 after buying an additional 1,405,653 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Vermilion Energy by 4.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,463,245 shares of the oil and gas company’s stock worth $38,131,000 after acquiring an additional 134,216 shares during the last quarter. American Century Companies Inc. increased its position in Vermilion Energy by 6.4% in the 2nd quarter. American Century Companies Inc. now owns 2,190,255 shares of the oil and gas company’s stock valued at $24,111,000 after acquiring an additional 131,780 shares in the last quarter. Finally, National Bank of Canada FI raised its stake in shares of Vermilion Energy by 0.6% in the second quarter. National Bank of Canada FI now owns 1,684,875 shares of the oil and gas company’s stock worth $18,461,000 after acquiring an additional 9,304 shares during the last quarter. 31.91% of the stock is owned by institutional investors.

Vermilion Energy Trading Up 1.3 %

VET stock traded up $0.13 during midday trading on Friday, reaching $9.92. The stock had a trading volume of 801,540 shares, compared to its average volume of 1,141,974. The company has a quick ratio of 1.02, a current ratio of 1.09 and a debt-to-equity ratio of 0.36. Vermilion Energy Inc. has a twelve month low of $8.70 and a twelve month high of $14.81. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of -2.66 and a beta of 1.99. The business has a fifty day simple moving average of $9.82 and a two-hundred day simple moving average of $10.80.

Vermilion Energy (NYSE:VET) (TSE:VET) last posted its quarterly earnings results on Wednesday, July 31st. The oil and gas company reported ($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.69). Vermilion Energy had a positive return on equity of 5.99% and a negative net margin of 41.33%. The business had revenue of $350.04 million for the quarter, compared to the consensus estimate of $376.54 million. As a group, research analysts expect that Vermilion Energy Inc. will post 0.34 EPS for the current fiscal year.

Vermilion Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were paid a dividend of $0.088 per share. The ex-dividend date was Friday, September 27th. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. This represents a $0.35 dividend on an annualized basis and a dividend yield of 3.55%. Vermilion Energy’s payout ratio is -9.65%.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets cut shares of Vermilion Energy from an “outperform” rating to a “market perform” rating in a research report on Friday, October 4th.

Vermilion Energy Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.