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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 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

Bullboard Posts
Comment by 777Vegas777on Sep 15, 2019 12:20am
129 Views
Post# 30127922

RE:CNBC - Oil Could Rise $10 Dollars on Saudi Drone Attack

RE:CNBC - Oil Could Rise $10 Dollars on Saudi Drone AttackIt looks like most analysts are calling for oil prices to spike on late Sunday/early Monday by a minimum of $5 dollars per barrel up to $10 dollars per barrel. Curious to see the reaction by a company like Vermilion that was driven down in share price largely by completely unfounded dividend concerns. With even a modest spike in oil those unfounded concerns move beyond unfounded and into the realm of fantasy. So we are left with a financially solid producer thats globally diversified with a safe industry leading dividend of nearly almost 13%. Not only is Vet now infinitely attractive from a long investment perspective, its also a shorters nightmare with both massive share price growth potential and an outsized dividend as well. Looks like we are in for one hell of an interesting week. As always GLTAL
Bullboard Posts