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 > Room for dividend increases IMO

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Comment by Moemoney42on Oct 18, 2022 3:33pm

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Post# 35032195

RE:RE:Room for dividend increases IMO

I'm sticking with a modest increase in the divi for Q4 to $.10/quarter.. a ~1% yield currently is too low and NCIB's can only do so much as there's a limit to the amount of purchases.. actually they should double the divi to get the yield to at least ~2% to attract $ to the stock.. IMO..

stockmarket1 wrote: The exact figures MOE, are never exact but, we all here are expecting big returns from these O& G producers etc. 2023, I expect that will be the next big leg up for this sector in terms of share prices and divy increases.
VET has it's its earnings release next month ( November) and I'm hoping to see much more debt reduction this time around, and a more of a stronger balance sheet. Again, I hope! As for the divy, I don't expect an incease at this coming release. 2023...a different ball gm. My hope is that one day VET will once again be a monthly dividend payout company. Again, I hope.

The other sideof the coin, I i'm eagerly waiting for the MID-Terms down south.

Moemoney42 wrote: This quote is from a Fiancial Post report... lots of $ to return to shareholders at some point soon.. IMHO

"Last month, a report from environmental think-tank the Pembina Institute said Canada's oil and gas sector is estimated to earn a profit of $152-billion in 2022 due to the war in Ukraine and the resulting commodity price boom"