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.

TSX:VET - Post by User

Vermilion Energy Inc

Bullboard Posts

Post by Vulture46on Nov 01, 2019 5:53pm

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Post# 30299602

Is the dividend safe for the next 5 quarters ?

YES................

Source: Investor presentation November 2019

This free cash flow forecast is based on management's commodity assumptions listed in the table below. Given the current oil and gas prices, these assumptions seem reasonable. And since the company's 2020 expected free cash flow corresponds to its dividend, you can consider these estimates as the minimum commodity prices that will sustain the company's dividend.

Vermilion Energy Q3 earnings: commodity price assumptions in 2019 and 2020