Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

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.

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Vermilion Energy Inc > Brent is trading over $ 51

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Comment by shakkaon Dec 17, 2020 10:00am

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Post# 32127273

RE:RE:RE:RE:RE:RE:Brent is trading over $ 51

I would introduce a small divvy as this has been the staple of this company for 15+yrs. Something that wont be cut if oil prices drop again.

Once debt/FCF is under a decent percentage (can get that ratio down quickly with Brent in the 60-65 range, WTI- 50-55) up the divvy or get the debt down further than do the big divvy hike.

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