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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. > Stellar results.
View:
Post by stockmarket1 on May 11, 2022 6:18pm

Stellar results.

Corrib unit is proving to be a great acquisition going forward. $600 mill. Excellent! If VET isn't $40 by years end, I'll throw in the towel. Especially if WTI, BRENT AND NAT GAS remain above $90! No way it can't hit $40 by years end!
Comment by L0ung3r on May 11, 2022 6:28pm
I've been calling this a $50 stock in 12 months if current pricing remains. 
Comment by EnergyWatcher55 on May 11, 2022 6:35pm
Q1/22 should have been amazing, however VET is anchored by its ridiculous hedging and its paltry 0.06 cents per quarter. Remember VET had a MONTHLY DIVIY at 0.23 cents. $50 is a pipe dream. 
Comment by blackace on May 11, 2022 6:50pm
Lol, too bad you shorted hey?
Comment by Quintessential1 on May 11, 2022 7:43pm
Everybody hedged.  Hedges are dropping off as we move forward and as debt is reduced. Once they hit their debt target and subsequently their debt floor, what do you suppose they will do with all of that FCF that will only increase as the hedges roll off?  GLTA Longs
Comment by BudFox198777777 on May 11, 2022 7:49pm
They will get back to a bigger dividend once they achieve their set targets, which at the current rate will happen in the next quarter. 
Comment by clamlinguine on May 11, 2022 7:53pm
Pro forma free cash flow of 50% with no ticking bombs that I've come across so far. Two thumbs up.
Comment by stockmarket1 on May 11, 2022 8:07pm
As I said previously. I don't expect oil, Brent and nat gas declining too much for the foreseeable future. Having said that... The remainder of 2022 and 2023....sky's the limit imho. Those who aren't buy, I believe they are secretly buying because deep inside they know they'll be missing out... FOMO! Vet shares have declined so much from it's highs. You'd have to be an ...more  
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