Vermilion Energy Inc. T.VET

VET valuation too rich and it pays NO dividends

[EnergyWatcher55]

Remember the old days when VET was paying MONTHLY dividends at $0.23 per share? VET wants to bring back the dividend but on a QUARTERLY basis and only $0.06! This share price is way too overvalued.

[mnztr]

Divvies are a small factor in share price. WTI is now $95. Yet the stock went down. At this price the stock is worth at least $50

[EnergyWatcher55]

You're so wrong. You are comparing VET when it was paying out HIGH MONTHLY DIVYS. Check your history books!

[stockmarket1]

Yup. Good times those we're but sadly, that's what got vet in the dog house then. A certain money manager ( I won't mention) on BNN stated that quite a few times before the drop. Anyway, this upcoming earnings day ( 2 weeks time or so) will be crucial. My suspicion is that much improvement may already be baked into the share price. VET seems to rally up until the big day only to sell

[EnergyWatcher55]

Totally agree. Every earnings report since 2019 has always ended up with huge selling. Always a surprise with VET-low volumes, natural declines, mainteance issues, France issues, not knowing how to report DEBT, Hedge---why on earth is it hedging its oil for 2022?????