Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by MyHoneyPoton Nov 07, 2024 3:50pm
127 Views
Post# 36301783

Great Opportunity - Europe Gas Price really good.

Great Opportunity - Europe Gas Price really good.
VET has a great 3rd quarter, driven by great gas results from Europe, Europe gas is their best performance, and they are hedging a lot considering.

When you can hedge gas at over 15 dollars i don't know why they don't hedge all the Europe gas production and ramp up production in Europe. 

Even with some of the turn arounds they acheived their production objectives for the quarter. 

Really in Germany with a lot of running room, they could drill a lot of wells and this play could take over the entire company.

Essentially 1/2 of FCF is buying back shares that are really cheap, and 1/2 is going to debt. I like that because it adds equity to the balance sheet and allow them to be opportunistic with a stonger and stronger balance sheet. 

VET is really cheap, and even with keeping production flat they are throwing off a ton of cash. 

Next quarter looks for better production at wandoo, adding gas produciton in Europe. 

VET has opportunities all over the world, i think they should lock in prices at these higher gas prices and accelerate production in Germany. 

IMHO




<< Previous
Bullboard Posts
Next >>