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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 Trunorth2019on Jul 03, 2022 6:08pm
236 Views
Post# 34798280

RE:RE:RE:RE:VET Management discussions interviews

RE:RE:RE:RE:VET Management discussions interviews

I listened to this interview this morning elsewhere incidentally stockmarket.


Overall, I felt it was ok. Didnt inspire me to want to buy more units tbh at the moment. Sounds like good things will be coming in the next 12-18 months. They have great cashflow. However, will be having to pay off the 2 major acquisitions still. Theres still fair amount of hedging of euro natugal gas in 2022 from the corrib acquisition. They did not give the impression that any significant share buy backs or dividend increases would be imminent either which was disappointing. Dont get me wrong I want them to pay debt down but I was hoping for a small increase in the divi earlier.


This kind of inspired me to look elsewhere for this type of play. I have a fair amount of money in VET already so dont really nes to add to my position for context.  

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