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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 GregC24on Nov 05, 2023 4:48pm
164 Views
Post# 35718520

RE:RE:RE:RE:WFT

RE:RE:RE:RE:WFT
Sandman2000 wrote: If you look at slide 9 of the Q3 2023 conference call presentation, it says the WFT accounts for about 8-10% of their FFO pretax. I looked at the 2023 quarterly FFO (ie revenue after capex) and it averages around $310 million per quarter). If you extrapolate for the year I would say FFO is about 1.25 billion and say we take 9% for WFT, that is about 112 million for the year. That is a lot money that could be applied to debt. IR emailed response says the WFT hopefully will NOT be applied in 2024. I am hoping this will be a catalyst for stock appreciation for us loyal stockholders. Lets hope they publicize the WFT is dead too:)). Good luck everyone

Or look at page 20 of the MD&A and the line item "Windfall Taxes" to see the exact amount paid YTD is  $78.177M and drop all the calculation and assumptions.
:)
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