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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
Post by bayliner69on Mar 25, 2020 10:49am
153 Views
Post# 30845300

Vet went from paying 22 cents a share to 11 cents to 2 cents

Vet went from paying 22 cents a share to 11 cents to 2 centsThe dividend was what sucked people into buying this loser in the first place.Good lesson to learn is if you have management pushing out high dividends instead of reserving capital for eventual down turns than they are poor managers and ceo's and investors will eventually get burned .A new ceo and the whole management below needs to be chosen and the lot there now fired so if the company  survives it will have a management who uses due dilligence when in charge of other peoples money aka shareholders who actually own the company
Bullboard Posts