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 > Asset Sales to Address Debt?

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Comment by ngaralaon Jun 01, 2021 12:53pm

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Post# 33303699

RE:RE:RE:RE:RE:Asset Sales to Address Debt?

Who is asking for the Div to come back? The problem is that the D/CF ratio is still at best 2.5 when looking forward as of January 2022 (Debt = ~$1.5B, CF = ~$0.6B).

Sell assets, get the numerator to ~$1.2B and now you have a chance at a D/CF of less than 2.0. A lot of E&P are getting to 1.0 and below right now.

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