Bullboard - Stock Discussion Forum 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... see more

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TSX:VET - Post Discussion

Vermilion Energy Inc > Curtis Hicks on BNN this morning

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Post by ronster65 on Sep 24, 2021 9:37am

Curtis Hicks on BNN this morning

CEO giving his read on the European Energy market this moring.

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Comment by divime1 on Sep 24, 2021 10:40am

He just said VET is getting $ 35 for gas in Europe . He called it a Black Swan similar to the drop in oil last year . This time it's good for them . Dividend will be back sooner than later .

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Comment by Moemoney42 on Sep 24, 2021 11:00am

Also mentioned a dividend return by mid 2022 or maybe earlier.. one that would equate to ~5-10% of CF.. as they anticipate to be roughly 1.5 times D/CF by then.. ;-)

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Comment by CashGreenGold on Sep 24, 2021 2:35pm

My post on IV: "5-10% of CASH FLOW ...not FCF (I didn't hear it...but i'm assuming OP meant CF and not FCF) quick run down of numbers: 85,000 boe/year is 31,025,000 boe 40% NG approx. price split (HH/TTF) of $20 mmbtu 50% oil 10% NGLs Company is looking at ~ $2.5 billion OCF in 2022 when the gas hedges roll off ...more

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