Vermilion Energy Inc. T.VET

Plan seems rational

[mnztr]

Looks like they expect to retain 550M in FCF from all the cuts this year. That will go a long way to improving the balance sheet.

[sclarda]

mnztr  wrote Looks like they expect to retain 550M in FCF from all the cuts this year. That will go a long way to improving the balance sheet. ---------------------------------------------------  The $550 million in cuts by eliminating the dividend and cutting capex were done because at $35 - $40 oil they are not bringing in the cashflow for the dividend and higher capex. At the

[anon314]

Page 10 of the VET June Corporate Presentation shows FCF of ~$100 million at WTI $40 and close to $200 million at WTI $50.