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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 EnergyWatcher55on Sep 26, 2022 11:13pm
201 Views
Post# 34988437

RE:RE:RE:Share price...

RE:RE:RE:Share price...How long have been an investor of VET? If you have been a long term holder, then you should be incredibly disapppointed since this SP has not performed well despite European gas prices which are hedged and the fact that VET's credibility is still tenuous since their "never cut the dividend" doomed this stock. The debt is still large. The divy is a puny 0.08 cents per quarter, a drastic climb down from the monthly 0.23 cents per month. VET can claim it will be buy back shares, but it doesnt have too. VET knows it can't increase the dividend as much. One small outage can easily crater this stock. The wild swings in VET' SP shows us all that it continues to be a day trader stock nothing more or nothing less. Good luck. 
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