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 > look at the charts

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Comment by stockmarket1on Jul 20, 2021 3:38pm

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Post# 33576431

RE:RE:RE:RE:RE:RE:RE:RE:look at the charts

Yes... Great point mnztr.

mnztr wrote:
It may hit 30 but only if the reinstate a generous divvy. People forget the debt makes VET less attractive to predatory takeovers. When they talk about the 1.5 ratio they seek, there are 2 components to this. Debt reduction AND FFO increase. Both components will be significant. The have no intention of being debt free, that is just not good business when money is so cheap. All they want to do is beef up the balance sheet a bit so they can borrow more cheaply, in the 3-4% range. They can probably hit the 1.5 ratio this year if oil prices remain strong.

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