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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 CashGreenGoldon Nov 09, 2021 11:56pm
253 Views
Post# 34108140

RE:Great news-divy is coming back and debt is way down!

RE:Great news-divy is coming back and debt is way down!From your lips to god's ears
EnergyWatcher55 wrote: There is some optimism here with these quarterly results. I was surprised that VET announced it will being paying out divys so soon in Q1 2022, and I said before it will be 5%-10% cash flow. Also, debt at the end of 2021 is expected to be $1.65B and in 2022 less than $1B! These results are much better than was forecasted at the beginning of this year. For those who expected a quick return to 0.23 cents divy per share monthly-dream on.....No oily company would do this. This is prudent and disciplined approach. 
Looks good from here! I would'nt be surprised if VET hits $20-$25 soon. 
Good luck to all. 


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