Vermilion Energy Inc VET

Primary Symbol: T.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 > Based on 50% FCF commitment ....

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Comment by MyHoneyPoton Oct 11, 2024 4:15pm

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Post# 36263273

RE:Based on 50% FCF commitment ....

I think that when companies put forth agressive share buyback strategies, they need to review share compensation package so they don't end up giving to much of an advantage to insiders.

This is why i am not a fan of share buybacks, as they evaporate capital off the balance sheet. I would be more comfortable with more debt reduction, or buying the shares of other companies.

I would like the cash to stay on the balance sheet.

IMHO
MHP

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