VET - Watch for Continued Gains in Shares of Vermilion Energy Inc. Common (Canada) (VET)

Shares of Vermilion Energy Inc. Common (Canada) (NYSE:VET) traded today at $26.02, eclipsing its 52-week high. Approximately 1.1 million shares have changed hands today, as compared to an average 30-day volume of 3 million shares.

Vermilion Energy Inc. Common (Canada) (NYSE:VET) has potential upside of 18.8% based on a current price of $25.64 and analysts' consensus price target of $30.46.

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.

Over the past year, Vermilion Energy Inc. Common (Canada) has traded in a range of $5.51 to $26.02 and is now at $25.64, 365% above that low.

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