Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Quintessential1on Feb 06, 2023 4:32pm
252 Views
Post# 35270322

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Hard to keep the faith

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Hard to keep the faithIf they could do more acquisitions like the Corrib that would be fine wind (fall) and all.  If they could close the Corrib acquisition and actually show it on the balance sheet that would help.

GLTA



Oldnagger wrote: Sorry, I got ahead of myself, Quite a while back I surmised that acquisitions were Vet 's real goal. The previous high dividend payments were really a throwback to the energy trust days. It has become the fashion to talk about buybacks and dividends. Yet  Acquisitions if they can become accretive in a relatively short time period would be preferrable to buybacks (and especially to dividends )
So far the acquisition strategy has blown up in Vet s face (and the timing could not be worse)
Let us just hope we get the wind (fall) behind us from now on !!


<< Previous
Bullboard Posts
Next >>