Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas Integrated

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 jackhacketon Feb 15, 2020 8:54pm

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Post# 30696358

RE:RE:Watch Debt to CF_Not absolute debt or production growth

au contraire mon ami, debt could be a major problem.

right now vermillion is enjoying very low interest rates with an effective overall rate of 3.36%. the rate they got in june 2019 was 5.625% and as the balance sheet becomes more stretched the rate will most certainly continue to rise. and it's not a eurocentric company with 59% of production coming from canada.

the big surprise going through the latest corporate presentation was that crescent point has some better debt ratios than vermillion. i'm not pointing this out to trash vermillion, i'm saying that maybe crescent point isn't as bad as i thought.

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