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

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Comment by Sadie222on Oct 02, 2019 5:58pm

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Post# 30189564

RE:RE:RE:RE:RE:Hard to watch VET

Plus, it’s adding shares but, at the same time, keeping cash in the bank so dilution is minimal (if any) because the balance sheet is that much fatter. Dividend pays it out - gone. Balance sheet smaller.
DRIP is a nice option.

oilisswell wrote:
According to VET only about 5% (mostly retail investors) are signed up for DRIP so dilution is very small. They have left it in place for this reason, to help the smaller investors build awnership. I for one like it.

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