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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 LiLy2021on Nov 15, 2021 2:09pm
157 Views
Post# 34128306

RE:Now back to VET

RE:Now back to VET

For some reason, I still want VET to pay a small dividend. It's just the psychological thing to me.  I guess many other investors feel the same way. It feels like shareholders are getting paid because the company is turning in a profit, albeit small. 

It's unbelievable how previous management continued paying a very generous dividend despite oil prices plunging, and the company struggling hard. But this type of catastrophic mismanagement was already reflected in the share price. 

I'm just thinking if I should be selling some SU to buy VET. It's a psychological thing again, but somehow I feel safer with SU. Does anybody own both and what are your thoughts?  

Thank you for your help. 

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