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Bullboard - Stock Discussion Forum 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... see more

TSX:VET - Post Discussion

Vermilion Energy Inc. > Special dividend
View:
Post by RevT79 on Oct 01, 2021 9:47am

Special dividend

Rigth now would be the perfect time to announce one!!!
just a small one .... just to show investors that they Are commited to build back investors confidence!
Comment by Oldnagger on Oct 01, 2021 10:19am
By the end of Q3 , yesterday, Debt is probably close to 1.6 Billion ( not including mark to msrket losses) FFO  annualized is probably over 1 billion dollars , and none of the debt will need to be repayed before 2024 at the earliest.  VET is in an excellent position to restart payong dividends !!
Comment by Oldnagger on Oct 02, 2021 4:52am
Just want to correct my own post The main point I wish to make remains the same, which is that VET can very easily afford a regular dividend as they have stated, but will also probably be able to either increase CAPEX or Share Buybacks. Either way VET is now a fully functioning profitable enterprise producing indispensable products and deserves to be treated as such by the investment community at ...more  
Comment by joeburname on Oct 02, 2021 9:09am
This post has been removed in accordance with Community Policy
Comment by Moemoney42 on Oct 01, 2021 10:21am
Yes good idea.. that would catch a few more shorters flat footed and force them to scramble... ;-)
Comment by RevT79 on Oct 01, 2021 10:32am
On Monday the new short report will come out and we will know how much of them as already covered!
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