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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

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

Bullboard Posts
Comment by largeinveston Feb 03, 2020 10:47am
86 Views
Post# 30634050

RE:@Largeinvest

RE:@LargeinvestWell come up with a counter argument rather then saying "reaaaaaaaaaaaaallly" like some 13 year old teenage girl to his daddy..How would cutting the dividend benefit the shorts?  I've laid why it wouldn't benefit the shorts...VET would be aligned with ARX and WCP , the other two big companies with yields between 7-8%...and the $200 million that could be freed up would create a situation where, at $55 oil , VET would trade at 25% free cash flow yields and could use the extra funds to immediately buyback shares pushing up the stock.  So again how does this benefit the shorts?   As sherry laid out when ALA cut the dividend the stock dropped initially...however they did this during December 2018 when the overall market at the time dropped 20% due to the feds interest rate hikes and then tax loss selling took over.  After it was done ALA bounced right back up and is now green from that event as if nothing happened.  
Bullboard Posts