Vermilion Energy Inc. VET

Primary Symbol: T.VET

Energy Oil & Gas E&P

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

Vermilion Energy Inc. > key mkt fundamentals are good

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Post by CarsT1on Jan 08, 2024 12:06pm

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Post# 35815780

key mkt fundamentals are good

https://www.bnnbloomberg.ca/arctic-blast-brings-freezing-conditions-from-paris-to-berlin-1.2019055

VET earns the bulk of its money in Europe where nat gas trades at much higher levels.
This will translate to strong free cash flow which mgt are using to pay down debt, buy back shares and distribute dividends to shareholders.
GLTA

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