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 30, 2019 4:24pm

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Post# 30502739

RE:gas prices

Nobody said that 4200 barrels contribute 55% to the WTI pricing.
55% of FFO in 2020 is WTI sensitive. There is a huge difference.
2020 projection is 25% is Brent sensitive with 15% of that 25% from France, so France isn't a big influence as you stated.

VET has stated that gas in Europe with contribute 18% FFO, not 50% in 2020. I guess it's your word against VET's....I tend to go with the insider.

Vet will be efficient with CAPEX in 2020 and will spend money on high netback production, if European gas prices are down Capex will go elsewhere.
I think you should really look at VET's 2020 projections and adjust your investments accordingly because your GAS narative is not accurate or inline with what VET plans are going forward.

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