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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. > Now back to VET
View:
Post by Moemoney42 on Oct 31, 2021 12:57pm

Now back to VET

It's good to see the shorts states side continue to cover.. count down over the last 2 weeks another 11% 
VET
-0.10
Short Squeeze Ranking™
View
Daily Short Sale Volume
View
Short Interest Ratio (Days To Cover)
2.4
Short Percent of Float
3.52 %
Short % Increase / Decrease
-11 %
Short Interest (Current Shares Short)
5,520,000
Shares Float
156,810,000
Short Interest (Prior Shares Short)
6,180,000

I wouldn't be surprised to see a divi announced for Q4 - 21 to use up a bit of this years cash flow to avoid the tax man before year end.. although it could be used for debt reduction I'm not sure if it would have the same effect on the balance sheet.. I'm not a CPA so I'm open to correction of my thoughts on the interpretation of the tax code..
Comment by PipelessPauper on Oct 31, 2021 1:24pm
The company is only entitled to a dividend tax credit Dividend payments are not an eligible deduction at least that's how it is up in Canada. The US I have no clue about
Comment by PROINVESTALOT on Oct 31, 2021 5:04pm
If they start paying a dividend in 2021 it wont be a question of tax purposes. Remember, a dividend is paid after taxes for the company. And they also probably still a lot of losses which can be carry forward to 2021 fiscal.
Comment by PipelessPauper on Oct 31, 2021 5:43pm
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