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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 PeterWrighton Jan 22, 2020 10:52am
51 Views
Post# 30582962

RE:RE:RE:RE:RE:Why are people so upset about VET's dividend?

RE:RE:RE:RE:RE:Why are people so upset about VET's dividend?Purse, I don't really understand your post. Buy and sell decisions are made with current metrics, what has happened 17 years ago has little importance. 
How are you raking it in? The stock is down approx 30% yoy and balance sheet has worsened. What you are saying makes no sense??
I've never shorted a stock but always listen more to the shorts then the longs. I always want to see what they are seeing that I'm not. Shorts convinced me to see LTS and TBE years ago and I'm thankful for that, as those stocks no longer trade. 
Tough environment for oil. I pulled back a lot after Geo political risk only took WTI to around $61, really showed how much supply is available. I will reevaluate some stocks when WTI hits $55 to see how they stand up in that environment. I'm sure Shale companies hedged when WTI went over $60, which will increase supply in 2020. 
Crunch the numbers on VET with current WTI at 57.13 and they are right at 100% ratio.....no flexibilty. 
Still cheering for VET but lost all faith in managemrnt 
Bullboard Posts