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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

Post by divime1on Mar 28, 2022 11:14am
343 Views
Post# 34551983

When Nuttall

When Nuttallwas on  BNN he said he didn't like VET because they only had 6 years of reserves left .

Today he doesn't like the deal because they bought  proved reserves of 20.1 MMboe and total proved plus probable reserves of 49.5 MMboe .

He wants companies who pay out all their cash in dividends and not grow . VET is striking a balance between paying a dividend and growing
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