Post by
EnergyWatcher55 on Jan 06, 2023 4:41pm
Today's Financial Post article on VET: NOT GOOD
"The company said it was forecasting free cash flow of $800 million in 2023 — a far cry from the $1.8 billion estimate the company had touted previously based on an analyst survey in August."
"The company said the imposition of a windfall tax has meant it will be harder to meet its debt targets over the coming months."
https://financialpost.com/commodities/energy/oil-gas/vermilion-energy-dividend-hike-buyback
Comment by
Citizen13 on Jan 06, 2023 6:05pm
Only a communist socialist government can coin the term " surplus profit " Makes me very angry. It should concern everyone. I dont recall the term " surplus losses" being thrown around for the last 8 years.