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.

TSX:VET - Post by User

Vermilion Energy Inc > Want a vision of the future?

<< Previous

Bullboard Posts

Next >>

Comment by Quintessential1on Jul 29, 2022 7:02am

259 Views

Post# 34859290

RE:RE:Want a vision of the future?

VET and ARX while both great companies are in different places debt wise.

ARX is a quarter away from meeting its debt target and perhaps two from its debt floor.

Where as VET has already hit its debt target and is quickly approaching its debt floor.

This leaves VET in a much better position to return its massive FCF back to shareholders.

VET states om their website that they are committed to returning capital to investors.

This quarter they will have a great oppurunity to do just that.

GLTA Longs

Pandora wrote:

prested wrote: Look at the results published today by ARC Energy (T.ARX). This will be us on August 11 folks.

I see T.ARX has a 2.78% dividend payable quarterly. I see no mention of them raising that dividend for the coming quarter. Is that what you're referring to when you say "this will be us on Aug 11"? i.e. no increase in the dividend.