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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

Post by mnztron Feb 11, 2021 11:41am
157 Views
Post# 32538168

Until 2020 report we are in a range...

Until 2020 report we are in a range...
So there you have it. The report and Q1 outlook is critical. Remember they generated 55M in cash with very little capex in Q3. 2021 they have 300M in capex spread over the year, so that is 75M/quarter. At current prices they will generate around 700M cash from ops so that comes down 100m FCF after capex. ...I think. But I think they are not heavily hedged at this point so sustained oil prices would be required. 
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