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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 prestedon Jul 25, 2023 11:56am
237 Views
Post# 35555994

RE:Insiders

RE:InsidersAny idea what the avarage rate is being charged on debt? Wouldn't make sense for them to be paying down aggressively if it is really low. This is a much longer play than a lot of investors have IMO. The desire for dividends now blinds them to the long term benefit of paying down debt and buying back shares retards the advance in SP. I hope this is right and that the long term reward will be worth the patience, but as the economy picks up and other investments show real potential I can see that moving on may be compelling. GLTAL
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