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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 PeterWrighton Feb 22, 2020 7:06am
146 Views
Post# 30720637

RE:RE:RE:RE:RE:VET Would Be Wise To...

RE:RE:RE:RE:RE:VET Would Be Wise To...I think the topic gets brought up a lot because the total payout ratio is over 100% for the 12th year in a row. Over that period  they have added over 2 billion in debt and almost doubled the share float. This company was a beauty 10 years ago but this dividend at all cost policy has been horrible. 

Sherry stop tying to guess the end of Corona, weeks ago you were calling the end. Just be patient and wait. Iran looks to be hiding a lot of cases and will be the next country of concern. I think investors need to plan for a huge demand reduction for all of 2020. China's economic influence is 400% higher then it was during SARS, this will take time and hurt most economies. 

It is still winter in Asia Sherry the majority of countries are not getting 30 celcius temperatures. IF you are counting on car AC's to fuel demand you might need another trip to Asia, my last visit, cars with AC were a true luxury and not that common in most places. 
Bullboard Posts