Vermilion Energy Inc T.VET

Close to $10 per share cash flow going forward.

[hawkowl1]

Vet is a $40 stock . Will be adding in morning.

[tweezer1957]

Can you explain why earnings are lower when every top line item is higher

[divime1]

tweezer1957 Generated net earnings of $284 million in Q1 2022 (Q4 2021 - $345 million). Q1 net earnings were supported by an increase in FFO and impairment reversals which were primarily offset by higher unrealized hedged losses tweezer1957

[tweezer1957]

Thanks. Got it

[L0ung3r]

Hedging - the hedges locked in prices and with commodities jumping massively, hedging loses show up on the books. That's why Hedged FFO/FCF numbers are the things to pay attention to. 

[Oldnagger]

The annualized $10 per share cash flow does not include the additional 36 % acquisition from Corrib. That was ticking along at $ 3 per share in Q1. For the rest of the year who knows given the Russian situation !!

[stockmarket1]

The Russia issue will continue on. That isn't ending anytime soon. As for Corrib. The point was, that down the road, that will turn out to be a cash cow holding! NAT GAS isn't going anywhere either! This is a long game play! I expect the shares to make up alot of ground now. 

[sclarda]

Oldnagger wrote The annualized $10 per share cash flow does not include the additional 36 % acquisition from Corrib. That was ticking along at $ 3 per share in Q1. For the rest of the year who knows given the Russian situation !! -------------------------------------------------------------------  Yes the Corrib acquisition has really increased Free cashflow.  Excluding the

[EnergyWatcher55]

$40?? Are you kidding?? VET's net earnings were LOWER in Q122 that Q421. Why do you think VET sunk more than the other oil and gas companies.