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

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Comment by emmitton Dec 27, 2019 12:40pm

118 Views

Post# 30494274

RE:RE:RE:RE:RE:RE:RE:Vermilion will be crushed by 2 billion debt

So I am looking at the latest info the comapny has provided in December. The 105% is at $57 WTI. I am not confortable with VET at a $55 WTI price, especially when they stop dripping and start paying the entire dividend out of cash flow( I do support the decision, but it will just eat up more cash). Therefor, IMO if WTI stays above $60 VET should be ok, if WTI drops to $55 they will struggle with the balance sheet. Many oil and gas comapnies have reduced debt over 10% in 2019 while buying back shares. VET's debt has stayed flat and shares have been dilutes and a very cheap price. Not shorting, not bashing, just enjoying good discussion on a very polarizing company.

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