VET - Vermilion Energy Inc. Common (Canada) Looks to Continue to Trade Above its Annual-High Share Price Today
Vermilion Energy Inc. Common (Canada) (NYSE:VET) traded at a new 52-week high today of $24.80. This new high was reached on approximately average trading volume as 2.4 million shares traded hands, while the average 30-day volume is approximately 2.4 million shares.
Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels. It derives a majority of revenue from Canada.
Vermilion Energy Inc. Common (Canada) (NYSE:VET) has potential upside of 16.1% based on a current price of $24.77 and analysts' consensus price target of $28.76.
In the past 52 weeks, Vermilion Energy Inc. Common (Canada) share prices are bracketed by a low of $5.51 and a high of $24.80 and is now at $24.77, 350% above that low price.
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