Vermilion Energy Inc T.VET

Suncor divy could be the starting act for VET!

[EnergyWatcher55]

VET is swimming in cash. In excess of $500M with a low share float, this is a no brainer.

[Quintessential1]

VET and SU are in the O&G sector.  That is where the similarities end. VET is still swimming in debt and needs to pay it down. If it does that I believe we will see the market reward VET with far more share price accreation than a dividend introduction would at this time. We'll see what the numbers say on the 9th. GLTA!

[Relaxrelax]

Yeah Suncor is great, only owe 20 billion :) How much debt does Suncor Energy have? "); display: inline-block; height: 24px; width: 24px; margin-top: -1px; transform: rotateZ(-180deg);">     Total Assets   Jun 2021

[Quintessential1]

Yup.  10 times the debt of VET and only 20 times the market cap.  What were they thinking? If VET can reduce their debt to equity to Suncore's level,  they can do what Suncore did. (maybe)

[sclarda]

Quintessential1 wrote VET and SU are in the O&G sector.  That is where the similarities end. VET is still swimming in debt and needs to pay it down. If it does that I believe we will see the market reward VET with far more share price accreation than a dividend introduction would at this time. We'll see what the numbers say on the 9th. GLTA! ---------------------------------

[Quintessential1]

So if they are going to use the free cash flow that they are "swimming in" to pay down debt,  then they must be swimming in debt or they wouldn't have to use that cash flow to pay it down. I also noticed you allocated nothing to a dividend payment. So Free Cash Flow - Debt + 0 divy = Share price accreation Isn't that what I said? GLTA

[sclarda]

Quintessential1 wrote So if they are going to use the free cash flow that they are "swimming in" to pay down debt,  then they must be swimming in debt or they wouldn't have to use that cash flow to pay it down. I also noticed you allocated nothing to a dividend payment. So Free Cash Flow - Debt + 0 divy = Share price accreation Isn't that what I said? GLTA ---------

[CashGreenGold]

Amazing Post Sclarda! My first 16,000 shares was bought at ~ $4.50.  I'll be looking at a 140% Div yeild on that tranche Overall I'm looking at 76% div Yield when it comes back.

[Quintessential1]

"As you seem to have a very hard understand what that means" " Let me try and  make it as simple as possible for you as you are obviously not very bright." "As you seem to have a very hard understand what that means" LOL!  You're kidding right? " In previous posts"   I don't read your posts.  Why would I?  You&

[CashGreenGold]

As of Q2, they had less than 5% of 2022 oil hedged. and~ 69% of NG. the amt this company "traditionally" hedged was higher because they had a div. to pay Now they dont. How much they might have hegded is a complete guess now

[Quintessential1]

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[lashing]

So many "experts" on this board. Yet the meme stock kids are outperforming you all several hundred x to 1.

[Rational43]

Awww, that's cute.  You're probably not old enough to remember the Dot Com bubble.   Google it before you load up more on Digital Images.