Vermilion Energy Inc T.VET

National Bank on VET - $53

[whoLuLu]

[url= /uploads/13942/files/NationalBankVETMay22.pdf] /uploads/13942/files/NationalBankVETMay22.pdf[/url]

[whoLuLu]

https://www.investorvillage.com/uploads/13942/files/NationalBankVETMay22.pdf

[Oldnagger]

Based on the severe under evaluation, VET is the perfect candidate for a share buyback program. That  way VET will no longer be the Rodney Dangerfield of the Investment world !!

[stockmarket1]

$53 price target!? I think that's the highest recent target I've seen for VET? Wow. Talk about major optimistic. It sure would be a huge bonus if we actually saw vet reach $54.

[JohnnyDoe]

I'd certainly like to see it. I'm banking on them all rising. It's going to be interesting to watch this play out over the year. It seems were in for sustained 100+ oil. In that scenario, Canadian companies are producing massive fcf. They can't really drill. First off there are labour constraints, secondly there's a takeaway capacity shortage so more production leads to a

[Moemoney42]

Yes we certainly are in for some impressive quarters going forward.. Jan Stewart of Piper Sandler just confirmed that on BNN.. he says expect high crude prices for at least 2 more years even if the producers decide to spend more on capex.. says Opec has no spare capacity to speak of..  ;-)  I agree with Jan..! 

[Oldnagger]

My guess is that the market will want a 15 % fcf yield and a 6% dividend yield once debt is paid down. With 15 $ fcf very likely as a result of this higher pricing environment , we are looking at a $100 share price in less than a year from now. Even  without, higher petroleum prices, VET is extremely well positioned to get the $15  per share FCF target via share buybacks given the

[Oldnagger]

I should have mentioned , that when I said debt paid down, I did not mean to zero , with the new notes of $ 500 million extended to 2030 and an extended credit line till 2026 of 1.6 billion. VET does not need to pay down much more debt !!

[sclarda]

Oldnagger wrote My guess is that the market will want a 15 % fcf yield and a 6% dividend yield once debt is paid down. With 15 $ fcf very likely as a result of this higher pricing environment , we are looking at a $100 share price in less than a year from now. Even  without, higher petroleum prices, VET is extremely well positioned to get the $15  per share FCF target via share buybacks