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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

Comment by Commr51bkdon Oct 29, 2021 8:21am
176 Views
Post# 34062263

RE:RE:RE:Suncor doubles dividend

RE:RE:RE:Suncor doubles dividendExcellent post, Sclarda. Of all the choices you laid out, I think paying off all the debt is the best, given the hostility to O and G companies by certain governments and their central bankers. But a small dividend like 10 percent of FCF seems like it could make a lot of people happy. I bought first at 18 USD and then averaged down to 5.75 USD. I admit it was the dividend that attracted me initially but I can see the logic in waiting another 2.5 yeats to reintroduce it.
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