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 > Expected FCf $350M more than capEx at $300---looks good

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Comment by Trunorth2019on Mar 08, 2021 5:17pm

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Post# 32745808

RE:RE:Expected FCf $350M more than capEx at $300---looks good

I think it was positive but not great. Net debt still more than 2019 levels but still better than Q3 2020. I am very happy there was no dividend reinstated. Hopefully wti can stay above $60 or more for 2021. OPEC will likely increase production in May if the covid situation improves. Which will hopefully keep oil pricess stable but add downward pressure. I honestly thought they were going to have a better 4th quarter. I have too much money in this one and I hope the worst is behind us.

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