Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas Integrated

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 > purchase price looks good

<< Previous

Bullboard Posts

Next >>

Comment by Quintessential1on Dec 23, 2024 4:23pm

110 Views

Post# 36375569

RE:RE:purchase price looks good

Yeah but we are only getting a look at the acquirer's stock which finished the day green on both sides.

Who knows if Westbrick was as beat down as CR.

They did pay at the low end of their asking price but Westbrick also carved out some Duvernay for themselves for later. Completely undeveloped but 300 000 acres.

POU still owns part of Westbrick so maybe they want those lands in a separate deal.

POU also jumped today in stock price. Not sure if was because of their percentage of the sale biut it was sugnificanlty more than VET.

Haven't seen any analysts digesting this yet but they probably took off early for the holidays.

I almost missed it myself.

GLTA

downwithdotcom1 wrote: Not exactly the TOU/CR every went up kinda reaction ..i guess its a christmas present for the traders/shorters...shotcallers want it that way as they are focusing on the INCREASED DEBT PROFILE and the risk of these new assets . I agree, at least on paper, this deal looks good with increased metrics plus the hope that cdn nat gas will start seeing permanent higher price decks with the start up of LNG canada as well new export capacity in the US (The "donald" effect aside.

Anyone have analyst commentary reaction please post. Thank-you and happy holidays...dwdc

11.92-0.81(-6.36%)