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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 Quintessential1on Sep 26, 2023 8:45pm
154 Views
Post# 35655980

RE:RE:RE:RE:RE:CEI?

RE:RE:RE:RE:RE:CEI?All execs pay themselves at the expense of the shareholders.  They don't work for free.

Stock options are a standard method of compensation for employees of corporations and can have the effect of incentivizing them to increase the value of the company's shares.

If VET was not paying them with stock they would have to pay them more in cash.

It is not noticed as much with companies that have much larger share floats than VET.

For example CVE and ENB have billions of outstanding shares.  A few million here and there doesn't move the needle much.

Buybacks can slow or even reverse the dillution that this creates depending on how many shares are bought back and it saves on dividends paid out.

GLTY and all

mnztr wrote: How are buyback a return to shareholders when the total share count continues to grow due to the execs paying themselves at the expense of shareholders? 


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