Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Post by Vulture46on Mar 01, 2020 9:57am
186 Views
Post# 30752633

UPDATE ON Q4 EARNINGS REPORT (Friday March 6 at the open)

UPDATE ON Q4 EARNINGS REPORT (Friday March 6 at the open)VET will announce :
1) completion of 5% share buyback previously disclosed (causing TSX problems last week)
2) annouce another 5% buyback in 2020 at appropriate time
3) confirmation that 87% of 2020 oil production is already hedged at average of 53.65$
4) Capex will be reduced by 66%
5) best of all : earnings surprise, namely 16 cents instead of estimated 10 cents.

Share price should pop to 18$ and stabilize there until Coronavius vaccine is found in 6 months while maintaining a 15 to 1 price/earnings ratio considering upcoming earnings of 1.20$ for 2020.

Thank me later...........
Bullboard Posts