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Bullboard - Stock Discussion Forum Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

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

TSX:VET - Post Discussion

Vermilion Energy Inc > Who would prefer that VET pay the DIV monthly?
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Post by DukesMtl on Apr 02, 2022 9:37am

Who would prefer that VET pay the DIV monthly?

Rather than quarerly? As they did pre-pandemic? Please respond to this post and let VET know that you feel the same!
Comment by aphill on Apr 02, 2022 9:47am
This post has been removed in accordance with Community Policy
Comment by aphill on Apr 02, 2022 9:49am
This post has been removed in accordance with Community Policy
Comment by Oldnagger on Apr 02, 2022 11:03am
VET was originally set up as a company that grew by acquisitions and development. They were very successful at that . Then the government of the time created Energy trusts that were similar in nature to REIT 's . That structure has long been broken due to a sudden reversion in taxation policy.  VET tried to hold on to the model nonetheless, until it broke due to Covid. Management was ...more  
Comment by Chandler97 on Apr 02, 2022 11:39am
While I like a good dividend stock, in this particular case, I would prefer to significantly pay down the debt and then have the company focus on buy-backs and/or acquisitions that will add to FCF. I truly believe that VET can be $70 to $75 a share 24 months from now.
Comment by Quintessential1 on Apr 02, 2022 11:39am
I would.  When I originally invetsed in VET it paid a monthly dividend and I would like to see it go back to that for sevaral reasons. It becomes more attractive to those investors that want to use the dividend as an income stream. It would help prevent the kind of dividend swing trading that occurs quartly with dividend payers like Enbridge. It would help prevent those large quarterly ...more  
Comment by delissio on Apr 02, 2022 12:05pm
I think we should leverage current environment of "green pressure" and buy 2-3 more huge natural gas assets in Europe from majors. Those assets could be currently deeply discounted. It would set us up for tremendous FCF for a long time and provide us with many options for share buy-backs and increase in dividends.      GLTA!
Comment by stockmarket1 on Apr 02, 2022 1:33pm
I, myself, as well as everyone would prefer a monthly dividend. Who wouldn't? But currently the times we're on.....I think VET is just trying to become a much more solid company in terms of growing and having a very solid balance sheet before things head south. And it will at some point down the road. I mean the whole energy sector itself. Cyclical. So, that being said....for monthly ...more  
Comment by Ebankbank on Apr 02, 2022 3:15pm
Couldn't agree more, I bought VET for the dividends, I have said it before. I believe that they are now doing the right thing. Pay down debt well the commodity prices are higher and then maybe in the fall after the 3 quarter results are in they will be in much better shape and could then reinstate the dividends for the first quarter in 2023. January 23 would be nice to see Vet solid ...more  
Comment by byloselhir on Apr 09, 2022 9:36am
Either way is good by me, my biggest issue with all the o&g stocks now is i would prefer debt/divi/buybacks not debt/buybacks/divi i just hate seeing shares bought back at 10x plus their lows, i have lots of people respond like i am an idiot that the o&g price was so low they had no money to buy shares, oh so the execs where not still making their millions? I don't need to be told the ...more  
Comment by Oldnagger on Apr 09, 2022 10:36am
You can thank Mark Carnage for that. His campaign to force banks to stop financing Canadian petroleum firms was beyond the pale !! Where is he now?? Brookfield Renewables !!
Comment by Quintessential1 on Apr 09, 2022 10:39am
Certainly with VET buybacks are not neccessary and slightly disadvantageous.  The share float is already so low that shorters have an easier time influencing the share price of the stock.  Buybacks would just amplify this problem.   Divs are coming, they said they are and we are due to be paid.  The question is, how often?   I have stocks that are monthly ...more  
Comment by papaloapan on Apr 10, 2022 9:21am
Agree.  Management, regardless of industry, rarely buys back at the proper time.  The only ones that seem to do it correctly are those constant multi-year buyback plans / targets.
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