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. > will they reinstate some divvy on monday?

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Comment by stockmarket1on Mar 06, 2021 6:28pm

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Post# 32737252

RE:RE:will they reinstate some divvy on monday?

Couldn't agree more . Divy was cut less than 1 year ago. Zero chance of it returning in 2021. WtI and Brent continuing its upward trend throughout 2021, then maybe by mid 2022 we might be a very small divy introduction. Even then it's a maybe.

downtozero wrote: No divy till 2022. They need to get debt under control first. Market would not like it if they didn't. Don't forget the oil price just went up. The 2021 average WTI to date is still much less than $60 USD. I'm okay with no divy so long as the share price keeps climbing.

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