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.

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Comment by TickerTwiton Sep 05, 2019 1:32pm

174 Views

Post# 30098929

RE:A bad signal for VET

Chris_toronto wrote:
And they are stupidly still paying a 15% dividend.

It is philosophically incorrect to say it in this way about a public company. Unless you know of one that floats its payout as a % of share price?

The company sets the amount of the payout. The market sets the % yield by moving share price around.

When corrected, your statement implies that the market is stupid, which is another idea I'll not agree with. I think the market is worried about VET's cash flow. It's not the % yield that determines dividend sustainability; it's cash flow.

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