Vermilion Energy Inc. T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

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 Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.

TSX:VET - Post by User

Vermilion Energy Inc.

Bullboard Posts

Comment by Canoutchieon Jun 01, 2019 5:01pm

176 Views

Post# 29791569

RE:RE:RE:RE:27.60 Represents A 10 % Dividend - Just Around The Corner...

VET needs to work on reducing its debt to equity ratio, and then possibly work on share buybacks (which will reduce the dollar value of dividend payouts). The market is telling VET that it feels its debt levels are too high to be continuing such a large dividend payment. Yield vigilantes will continue to push stock price down until either one of two things happen... either VET improves its debt to equity ratio, or the stock price will be pushed down so far that they'll be forced to reduce a dividend with a future yield hovering somewhere in the mid-teens.

Bullboard Posts

How to interpret movements in the price of gold