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 > Using $100mm /qtr in FCF

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Comment by geemoneton Jul 22, 2021 8:52am

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Post# 33586797

RE:Using $100mm /qtr in FCF

You're missing that they aren't selling barrels for $70 bucks. It's mostly hedged at much cheaper prices. In a few months the price per barrel that they're getting will go up. But the debt : ffo won't be at 1.5X any time soon. And let's also remember that FFO can tank at any time if opec changes their mind.

i wish I wish I wish you were right. But.... I think your time line is a bit ambitious.

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