Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas Integrated

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

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Post by EnergyWatcher55on Aug 16, 2021 8:25am

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BNN:Vermilion Energy’s free cash flow climbed to $94 million

BNN:

Vermilion Energy’s free cash flow climbed to $94 million in the second quarter, compared to $79 million in the prior quarter, and the company said today it’s now on track for more than $400 million in free cash flow this year. That’s double what Vermilion forecast at the start of this year, and could beg questions about the future of its dividend – which was suspended early last year.

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