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

Bullboard Posts

Comment by Sadie222on Mar 08, 2020 6:56am

137 Views

Post# 30780190

RE:Same Yield after Div Cut

Selling oil for more than it costs to produce is what pays the div.
share price is irrelevant.
If the price of oil drops more, or production drops enough, it is possible there could be another cut.

gold_diggers1 wrote: Not that long ago, I asked the question "what happened to the share price if VET cuts its dividend, say 50%". Well, the answer is Down, not Up. The market seemed to dump shares.

And since the share price has dropped to $10.36, the yield is still high at 13.3% (=$1.38/$10.36)... just like when the share price was $21 with div $2.76 , the yield was 13.1% (=$2.76/$21)

So, All your experts out there, the question is now... Will VET cut its dividend again? If the share price was continued to go down, then the market would expect another cut??