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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

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

Comment by Oldnaggeron Oct 14, 2021 6:58pm
140 Views
Post# 34007303

RE:RE:RE:RE:RE:RE:RE:The Dividend

RE:RE:RE:RE:RE:RE:RE:The DividendThree companies that are drilling are Pipe, NVA and Crew. There may be more but those are the three I know. They are all doing very well since last winter. There is spare capacity not only in their systems but also in egress out of the basin for nat gas. Similarly with Line 3 and hopefully TMPL extra crude take-away will free up. Furthermore the Cochin and Southern lights pipelines could be reversed for excess Condensate. So things are finally improving in Western Canada.
However VET has a special place in my greedy heart due to European nat gas. They have open ice annd there is no goaltender
So I feel the market is now on to us all (particularly NVA). But as we all know VET is still stuck in the weeds despite tremendous potential. The market may very well reward us for paying down debt and implementing a dividend. That is almost a given IMO. My question : what then !! Euro nat gas that is the answer that can give us real firepower !!
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