Alert: Negative Investment/Fundamental Signals (11/9/23)-Vermilion Energy Inc (NYSE: VET)

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Vermilion Energy Inc (NYSE: VET) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.

Recent marginal negative changes in fundamentals have impacted Vermilion Energy Inc (NYSE: VET): the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, VET is expected to continue to be a Value Builder.

Vermilion Energy has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Vermilion Energy has a good Power Rating of 78 and a very high Appreciation Score of 92, producing the Highest Value Trend Rating.

Recent Price Action

On 11/9/23, Vermilion Energy Inc (NYSE: VET) stock rose slightly by 0.2%, closing at $12.78. The stock has declined -11.9% during the last week but has been exceptionally strong relative to the market over the last nine months.

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