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.

TSX:VET - Post by User

Vermilion Energy Inc > anyone think VET will resurrect its dividend payout in 2021

<< Previous

Bullboard Posts

Next >>

Comment by geemoneton Jan 20, 2021 2:33pm

185 Views

Post# 32335299

RE:anyone think VET will resurrect its dividend payout in 2021

Company remains committed to reducing its net debt (2) -to-fund flows from operations ("FFO") ratio to less than 1.5x over time. As our leverage profile improves, we will continue to review our long-term shareholder return policy to determine the appropriate time to reinstate a dividend and/or share buyback program.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario