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 Gord_Albertaon Jan 22, 2020 2:15pm

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Post# 30584423

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why are people so upset about VET's dividend?

I am receiving a 14.5% dividend at the price I purchased my shares. The dividend buys more shares every month.

If the share price dropped to $1 (and the dividend was still paid), I would be buying tens of thousands of extra shares every month. As a dividend reinvestor, I am quite pleased when the share price does not rise... ;-)

stockmarket1 wrote: Monthly Divy is fine and dandy but I'm sure everyone wants the share price to rise at some point. Kind of defeats the purpose of purchasing shares on a consistent basis.

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