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 Blueswinon Feb 03, 2020 3:55pm

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Post# 30635910

RE:RE:RE:Div cut for sure

Yes ALA has come back from its lows with enourmous asset sell offs and a new management and a new direction. Now it is 60% utility & now and only 5% power. When the div. was cut on Dec. 13 it rallied from about $13.50 to $14.50 but shortly after sank to $12.5 on Dec. 24th. Ended the year at $13.95. It was the transformation of the company and the sell off of many assest that improved the stock price not simply a div. cut. Good to use all the facts.

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