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 > Dividend re-instatement very likey.

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Comment by stockmarket1on Mar 03, 2021 12:51pm

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Post# 32705739

RE:RE:RE:RE:Dividend re-instatement very likey.

Well said and I would prefer the latter part of your comment below. Clean up the balance sheet, then re-introduce a dividend. Make sure the company survives.

geemonet wrote: Agreed, but 2 billion dollars is a lot of dollars to owe. What is their NUMBER 1 PRIORITY? To get ffo : debt to 1.5x. If their number 1 priority was to get a div going , sure, I'd agree that we could see a div next week. But it isn't. The old ceo who just wanted to pay himself fat dividends is gone. The new crew wants a balance sheet that looks, well, balanced.

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