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 Chad005on Feb 01, 2020 2:46pm

128 Views

Post# 30629463

RE:RE:RE:Yield

Hey Peter,

I agree with you in principal, I would never manage my own company or budget like this, but I do understand why they haven't yet.

Dividend history is something that does have value, they would not want to through that value away if it believes it's production shortfall is tempory and oil prices are heading higher.

At some point when investors are not giving a company any extra value for that dividiend history, it is better to buy back your own stock at a discount though.

Howerver, it really would be stupid for the company to cut the dividend at this point without riding out a few more quarters to see if the gamble they made is actually going to pay off.

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