Vermilion Energy Inc. T.VET

Expected FCf $350M more than capEx at $300---looks good

[EnergyWatcher55]

$350M directed to debt. Fiscal responsibility will help right the ship.

[divime1]

It will be even more if oil stays above US$60/bbl WTI . This years driving season in the USA should be huge along with an increase in air traffic  once things open up .

[stockmarket1]

From what everyone here has been posting in regards to the latest earnings report. It looks great imho. Especially how the past year turned out. Personally, I am ok with no divy announced this time around and I'm happy to see that the excess cash will be going towards debt. That's a win win. I'd be very surprised if we don't this surpassing $10. My opinion anyway. Overall, happy.

[Trunorth2019]

I think it was positive but not great. Net debt still more than 2019 levels but still better than Q3 2020.  I am very happy there was no dividend reinstated.  Hopefully wti can stay above $60 or more for 2021. OPEC will likely increase production in May if the covid situation improves. Which will hopefully keep oil pricess stable but add downward pressure.  I honestly thought they

[ThatAlbertaGuy]

Looks like the post market doesn't like the report down 3.64% so far 

[shenty46]

Post market is now 6 percent down, it may take more than a year if prices remain high, to get some respectability in balance sheet.

[Dumpinvestor]

Where did you see post market down 6 %?

[malimony]

Down 2.66% on the NYSE futures. Overreaction.

[Dumpinvestor]

At 7:58...down 1.26%, about 26000 share. 

[EnergyWatcher55]

Get a grip man. Paying down debt is a good thing. The big majors like CNQ and CVE are all doing it. 

[rino27]

On only 25.5 K volume....doesn't mean much.

[Moemoney42]

To be honest I wan't that impressed by the Q4 numbers.. but often the market looks beyond the past tense and hopefully that's the case here.. but the after hours doesn't always dictate tomorrows trading.. so many times I've seen a bad quarter reported and stocks rise and vice versa.. the oil price tomorrow will be more idicative of the action IMHO..?? Although the shorters could

[Oldnagger]

Stimulus package probably signed this week . Anydown turn in share prices will be extremely short term. Usually  1900 USD = 1 barrel oil consumption therefore 1.9 trillion = 1 billion barrels extra consumption. That has not been built into Crude prices and even less into VET's price !!

[Moemoney42]

I agree with you there.. I think today's price action was just a minor step back.. gives the MA's a chance to catch up and longs/accumulation a chance to add or reload at better prices for the next leg up... ;-)

[ThatAlbertaGuy]

You mean it can't go up everyday ? ;) . I'm happy to wait would of been nice to clear 10 on the report but we will clear that soon enough . 

[Backinblack1000]

This post has been removed in accordance with Community Policy

[Moemoney42]

Yeah I was laughing about that too.. agree it won't be long before $10 is reached, but could be a bit of sideways movement for the nervous nellies to fret over.. LOL.. Like the old saying goes.. diversification pays..! 

[Moemoney42]

So as you can see the after hours last night didn't prove to be the direction for todays trading.. even with WTI lower.. now of course the day isn't done, but aside of the knee jerk reaction this AM the long term trend is intact.. and all done without one banner waved.. LOL..

[ThatAlbertaGuy]

Yeah I was worried this am but I am happy at 9.25 for now