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 Mar 05, 2020 7:11am

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Post# 30769027

RE:RE:RE:Ryan Bushell

sherry, when VET cuts the dividend it will blame coronavirus to save face. I have little doubt on that. Just remember that I and a few others (and the market eventually) predicted it not because we were lucky but because we have a better understanding of VET’s balance sheet and the difficult business environment it is in. The lenders will force the dividend cut if no one else. That should give you pause. I’ll accept your thank you in advance.

JMHO. GLTA.

sherry532 wrote: As late as Feb 12, CEO has been crying hoarse that dividend will be maintained. To say that dividend should be cut by 75% indicates pure speculation.

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