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Bullboard - Stock Discussion Forum 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... see more

TSX:VET - Post Discussion

Vermilion Energy Inc. > Land holdings
View:
Post by Oldnagger on Feb 13, 2023 5:30pm

Land holdings

Has anyone ever added up all the exploration acreage held by Vermilion? From what I can see in the presentation it is easily over 5 milllion acres. Well, put a very conservative value of $2000 per acre you get $10 billion. Take off debt of $1.4 billion
that leaves 8.6 billion divided by 1.62 million shares  or $ 53 per share
Comment by prested on Feb 14, 2023 10:56am
Works for me!
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