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.

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Vermilion Energy Inc > Share Price Punished?

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Comment by Oldnaggeron Aug 15, 2022 10:08am

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Post# 34896310

RE:RE:RE:Share Price Punished?

VET buying back stock that pays $ 11 per year in FCF for $30 per share is perfectly fine by me.
Management won't prepare their 2023 estimates till October. Once Corrib is fully integrated, VET will be able to take steps to enhance production. There are still many more barrels available within their acreage , and with the Europeans now realizing that they will need nat gas for a very long time, it has become more likely that the necessary peemits will be forthcoming !!

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