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.

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Vermilion Energy Inc.

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Comment by WheresMeGoldon Feb 13, 2020 11:04am

66 Views

Post# 30685916

RE:RE:RE:RE:div cut...

sherry, I’m sure they are. The EIA is now estimating this quarter will be the first quarter in over 10 years to see a contraction in energy consumption. There wasn’t even a contradiction in 2016 when WTI dropped below $30. You have to go back to the financial crisis of ‘08-‘09 for the last energy use contraction.

EIA sees growth, albeit subdued, starting in Q2. I wouldn’t be so sure as each month growth estimates have been shrinking to the point now Q1 is in contraction. GLTA

https://finance.yahoo.com/amphtml/news/iea-sees-first-global-oil-090000000.html

sherry532 wrote: If they asy it is ecnomically warranted, they must be having some plans/options/contigency planning for low commodity price environment!

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