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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 stockmarket1on Nov 16, 2022 11:02am
232 Views
Post# 35103315

Taking a bit of a left turn here.....

Taking a bit of a left turn here.....As you all know by now I'm sure. Suncor just raised its dividend. I made a comment not long ago here that when the taxing buy-back news came out. I said, companies should now just increase dividends to shareholders and avoid buy-backs. Of course, that might now be an option 100% of the time but and I'm sure there's a lot more involved in these decisions but...I'm just saying. Petyo, also increased their divy and is now gone to a monthly pay-out!! 

Anyway, I wouldn't be surprised if companies do choose that direction instead of buying back shares if they will be getting taxed on that move. I'm no expert on that but, what do you all think?  
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