Vermilion Energy Inc T.VET

Dividend re-instatement very likey.

[EnergyWatcher55]

eom.

[geemonet]

In 2-3 years

[EnergyWatcher55]

Maybe. But oil and gas prices have exceeded even VET's expectations.

[geemonet]

Agreed, but 2 billion dollars is a lot of dollars to owe. What is their NUMBER 1 PRIORITY? To get ffo : debt to 1.5x. If their number 1 priority was to get a div going , sure, I'd agree that we could see a div next week. But it isn't. The old ceo who just wanted to pay himself fat dividends is gone. The new crew wants a balance sheet that looks, well, balanced. 

[EnergyWatcher55]

Agreed. Higher oil and gas prices accelerate their debt reduction. 

[geemonet]

Accelerates it from 5-6 years to 2-3 years. Not 5-6 months.

[stockmarket1]

Well said and I would prefer the latter part of your comment below. Clean up the balance sheet, then re-introduce a dividend. Make sure the company survives. 

[prested]

I think most small investors (which is who post here, despite what some of them think themselves to be), would probably be quite content to let VET pay down debt before dividends. The problem is that the institutional investors want to revenue from dividends and they hold sway. Still, looking brighter every day. GLTAL

[stockmarket1]

You may be correct with your comment here but the opposite holds true too. When payouts are more than a company can handle.....shares are sold off. Remember,  a higher than normal divy payout is what got Vermillion and others who had a higher than normal payout in heat. Not from indy investors but institutions as well. They all unloaded. Vet was a $50 stock at one point.  I'd rather

[stockmarket1]

And BTW. I am a long term investor who was reaping the rewards with that high dividend. Now, I've managed to ride it down and got my cost aggressively down so, I'm ok where we now are. Always have powder at hand to ride shares down. Going out a few years, I think we'll be ok. 

[sportstermathew]

There are many that don't care a darn for what the company does or did or is going to do.  They just want it to go up when they own it and take a profit then gone.

[stockmarket1]

That's true and Vice versa !

[geemonet]

This ain't dogecoin!!!

[Moemoney42]

I agree stockmarket1.. at this point I'd rather see a cleaner balance sheet and a steady gain of $1/sh. per month than a $.10/month divi... the big question would be if a $.10/mo. divi was intitiated, would the stock rise more than $1/mo. without improvements to the balance sheet..??? I know the introduction of a divi would attract divi. funds to buy in, so its a tough call as to which would

[stockmarket1]

All good comments Moe but the long and short of it. Dividend funds can wait a quarter or 2 because the uncertainty in this sector still exists, unfortunately. If commodity Prices stay strong throughout now and next yrs winter, I think everyone will be onboard again. I think the jury is still out in regards with Vet. We'll know more next week how we stand. Cheers