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 > resuming divvy

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Post by mnztron Jul 01, 2021 6:46pm

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Post# 33480273

resuming divvy

VET really needs to resume the divvy. I know they want to driect FCF at the debt but resuming the divvy does not necessarily mean the reduction of cash flow. They can offer a good drip with 5% and most share holders will opt for the drip. This way they get to offer a) a divvy b) gradually convert debt to equity c) increase the value of the stock.

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