Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas Integrated

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

Bullboard Posts

Comment by Sadie222on Aug 20, 2019 2:38pm

184 Views

Post# 30047617

RE:RE:RE:14% yield , stock going to tank

Management has made it clear that will not happen. They have the diversity and flexibility to keep the div where it is. This is not uncharted territory for them. They are still paying down debt as they return money to shareholders, and with interest rates trending down and good development prospects across the pond, they are looking pretty good.

Penystockjunky wrote: 50% cut minimum .........................

Trader124 wrote: it's unusual for a stock to have 14% dividend.

Either it's a very good deal or the company will cut the dividend.