Vermilion Energy Inc T.VET

Alternate Symbol(s): 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.

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Vermilion Energy Inc

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Comment by oakesyon Nov 12, 2018 5:49pm

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Post# 28962277

RE:RE:Dividend cut effect

Of course there is a first time for every thing . VET increased the divi in May after the Spartan deal which has so far been accretive to the bottom line. In the Q3 release they are projecting a 200 million cash flow surplus after announcing a 530 million capex program for 2019. So they have the option of curtailing capex and or using any CF surplus to fund the dividend .
The LSB and C5 discounts affect their Canadian operations not European .

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