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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 > Insider purchases
View:
Post by galaxyr on Aug 07, 2022 8:30pm

Insider purchases

Vermilion has been picking up significantly more shares in cei as per SEDI Coelacanth energy Any thoughts??? https://www.coelacanth.ca/
https://ceo.ca/api/sedi/?symbol=Cei&amount=500.0&transaction=&insider=
Comment by Oldnagger on Aug 07, 2022 10:06pm
Due to their experience in Europe, I am sure that VET management realize how valuable natural gas assets can be . They are seemingly on a longer term plan to acquire more assets in the same region as the Leucrotta acquisition. right now the cash requirements for the share purchases are under $200k per day which is only a small percentage of VET s close to 5 million per day cash flow.
Comment by Overertune on Aug 08, 2022 3:07pm
Please start dividends first, then they can spend the rest for additional acquisitions.
Comment by stockmarket1 on Aug 08, 2022 10:03pm
Oh, I'm quite sure they are top of everything a lot more than us lol. They know what they are doing. We're in this for years anyway. The balance sheet has improved greatly since 2020 so....lets be grateful where we stand today. The shares are doing great and I don't see why VET can't hit $40 in 2023 and with a soon to be better dividend payout. We've made a lot boat load of ...more  
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