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 308Uon Nov 01, 2019 11:11am

143 Views

Post# 30297257

RE:RE:Dividend

You would be wrong in assuming that. I used to own VET, but I sold it at around 15. I'm looking to get in, but not at current price. The dividend is not sustainable with their balance sheet, today's bounce is a technical one, it will be back down come Monday if not later today, this stock will get slaughtered but would be a valuable pickup at a lower SP. Let us see what happens.

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