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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 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

Bullboard Posts
Comment by onec007on Nov 03, 2019 7:23pm
163 Views
Post# 30303026

RE:RE:Reckless to be paying such a huge dividend

RE:RE:Reckless to be paying such a huge dividendDifferent market absolutely but what I wanted to highlight was the fact that those companies continued to pay high interest even when cashflow deteriorated. They are paying substantially higher dividend compared to Husky, CNQ, IMO, CVE and SU when all these businesses are much more stronger and stable. Again, VET can do much better with the cash than paying out as dividend. We've seen what happens when finance dries up, case in point, Pengrowth so it would be prudent to pay down debt
Bullboard Posts