Vermilion Energy Inc T.VET

Alternate Symbol(s): 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.

TSX:VET - Post by User

Vermilion Energy Inc > Better than 10% Return

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Post by MyHoneyPoton Nov 12, 2024 12:10pm

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Post# 36308441

Better than 10% Return

Look for roughly 200 million dollars in stock purchases you can increase FFO per share based on 3rd quarter results.

In Q3 FFO was $2.75 a share, if 10% of the shares were bougt back it would increase the FFO per share for the remaining share by 27.5 cents plus and increase the FCF by 1.86 million in reduced dividends.

So spending 200 million in a share buyback would increase Q3 FFO to $3.01 a share and allow a dividend increase of 10%. This would also increase that NAV per share by 10%.

Now this is major torque to share repurchases that i have not see in any other company.

This is low risk for VET considering most of their gas sells in the Europe Market, and their oil get premium price.

Backup the truck and buy back that NCIB today.....

IMHO

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