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Vermilion Energy (VET) Surges: Stock Moves 5.8% Higher

Published 08/28/2019, 09:15 PM
Updated 07/09/2023, 06:31 AM

Vermilion Energy Inc. (TSX:VET) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 20.2% in the past one-month time frame.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Vermilion Energy currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Vermilion Energy Inc. Price

Investors interested in the Oil and Gas - Exploration and Production - International industry may consider Hurricane Energy PLC HRCXF, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Vermilion Energy Inc. (VET): Free Stock Analysis Report

Hurricane Energy PLC (HRCXF): Free Stock Analysis Report

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