Vermilion Energy Inc T.VET

Buzz on the Bullboards: TSX hits new high amid holiday optimism and sector disparities

[MyHoneyPot]

Arx stock is amout twice the cost of VET and Vet has also acheived the same debt target.  1: So VET FFO is almost double that of ARX, so with every share Vet buys back they get 4X times the 

[MyHoneyPot]

Marty, I did own VET a few year ago, but today it is a much different company in my opinion. All their plays look to be cash generating, Europe this is a 2024 opportunity now that wind fall taxes are

[Marty57]

Oops... sorry. made this comment on the wrong board... thought I was on VRN.  VET dividend is not good yet but this company is moving in the right direction as well IMO.

[Marty57]

For myself, I can live with 6 percent dividend yield and wait while positive factors change the siituation... rising production, lower debt, improved commodity prices.  These factors won't

[MyHoneyPot]

I think because of that the management approach is really good.  Pay some debt down, buy some shares back, and grow produciton moderately with high quality plays with good returns and FCF. Hedge

[papaloapan]

The investment case here is reasonably compelling, but it has been for several years. Despite steady and improving fundamentals and execution, the stock does not react.

[Quintessential1]

The only number that i think ARX leads in is Market Cap Yeah it's too bad that doesn't translate into share price accreation and ROI huh? GLTA

[MyHoneyPot]

Interesting Arc is $25.71 and pays a new 19 cents a share a quarter                   Vet is $14.00 and pays an existing dividend of 12 cents a quarter So

[Quintessential1]

Yup every measurement  but share price accreation and ROI but I expect that will change.  Soon With VET buying back in large amounts I expect VET and ARX to meet in the $30 per share range.

[MyHoneyPot]

As long as the ability exist to buy back 10% of your stock for roughly 200 million dollars, and increase you FCF, CF, and reduce your dividends costs by 10%, i really don't expect to see much here

[MyHoneyPot]

It is easy they can buy back 40 million million dollars worth of share and increase production per share 2% compounded every quarter. They don't have a bloated float and only 155 million shares

[Jonathon Brown]

This past week, the TSX reached a new intraday high, reflecting a buoyant market sentiment as investors gear up for the holiday season. read article.

[Trapped]

I'm confused. In the past you've said buybacks are a complete waste of money. Why is it okay for VET but bad for other names?

[MyHoneyPot]

8 million shares were bought back in 2024 todate, which effectively means a 5% increase in CF, FCF, Production on a per share.  Every 3 million shares repurchased, increases the production per

[loopsbutterfly]

if you look at the 1 year stock chart we have a double bottom....trade range is $12,85-$14,20 and it is very unlikely to fall below that support...

[MyHoneyPot]

Sorry these numbers are wrong, it should be FFO increase from $1.76 a share to 1.96 a share, or about 11.1%. It is really cheap even if the use debt because they are no longer paying the dividend on