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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 mnztron Dec 28, 2021 7:36pm
185 Views
Post# 34266304

RE:favourite post from IV

RE:favourite post from IV
I don't see going to zero debt as a good strategy. While some debt reduction is necessary, maybe down to 800 or 500m, the $1 annual divvy is a good option as well as share buybacks. They need to increase the market cap of VET because it is already looking mighty enticing as a takeover target. They need too massively up the value of their stock and use stock as a currency for any takeovers. if your stock is cheap, your debt is low and you CF high, you are gonna get taken out..CHEAP.
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