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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

Post by MyHoneyPoton Nov 19, 2024 2:30pm
182 Views
Post# 36320263

FFO says it all - based on Q3 Numbers - Its a Steal

FFO says it all - based on Q3 Numbers - Its a StealFFO is a good measure because it represents a good measure of the companies ability to generate cash from operations. 

In Q3 VET FFO was 272.8 million  (anualize) that it roughly 1.091 billion dollars. 

Vet current market cap is approxmatly 2.2 billion dollars

VET is trading at approximately 50% FFO for every dollar you invest in VET

Compare that to ARX

In Q3 ARX FFO was 586.08 million anualized roughly 2.344 billion dollars.

Arc current market cap is roughly 15.11 billion dollars.

ARX is trading at approximately 15.5% FFO for every dollar you invest in ARX

So for every dollar invested VET is throwing off significanly more FFO than ARX resources and industry darling. Pretty well 3X the FFO per dollar invested when compared to ARX. Using Q3 numbers. 

VET is not just a bargin, its a steal. 

IMHO
MHP
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