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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 Teetimeon Jul 11, 2024 11:42am
238 Views
Post# 36128411

RE:usual reaction!

RE:usual reaction!Have owned this a few times in the past but seems they don't treat shareholders well, so price gets punished.  I got out a while back and barely made anything, although the dividend was good at one point. I still follow it as I have a friend that works for them and it sounds like employee morale isn't great and they don't incentivize them very well either, they do have periodic updates telling them how well it's doing but employees and shareholders don't seem to get anything, lol.  Upper management are probably taking all the cream.
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