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

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Post by stockmarket1on Nov 09, 2021 5:43pm

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Post# 34107107

I really like this part in the report...

Future projects increasing Cash flow. Love that! That stood out to me....

we have generated $369 million of FCF and have reduced net debt by $231 million while also funding acquisitions to benefit future FCF deliverability. Based on the forward commodity strip, we expect to generate in excess of $500 million, or over $3.00 per share, of FCF in 2021 and exit the year with net debt forecast to be in the range of $1.65 billion, implying a net debt to trailing FFO ratio of approximately 1.8 times.

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