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Vermilion Energy Inc. T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.


TSX:VET - Post by User

Comment by prestedon Mar 09, 2023 12:18pm
224 Views
Post# 35328363

RE:All in all

RE:All in allI admit to being a dunce when it comes to analysing statements, but I thought the numbers were fine. I think they are gun-shy with the dividends given that when they had to reduce them they were pilloried and I don't think the ill effect has completely disappeared. Fool me once etc.
   But the debt is now equivalent to the net profit so how bad can thatt be! It's going to be frustratingly slow to get the div where we'd all like to see it and many will give up, but given the uncertaunties in the market, I think this is a good place to be and certainly for anyone entering now it;s got to be a no brainer. GLTAL
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