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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 > why are oil stocks down? This market is nuts
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Comment by geemoneton Feb 26, 2021 10:11am
116 Views
Post# 32670072

RE:RE:why are oil stocks down? This market is nuts

RE:RE:why are oil stocks down? This market is nutsThey were borrowing money to pay that dividend. It's insane that management can borrow money under the company's name to pay huge dividends which they personally massively benefit from as they're large stock holders. 
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