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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 > It's gonna take a dividend increase ...
View:
Post by prested on Mar 06, 2023 1:53pm

It's gonna take a dividend increase ...

...to lift this puppy from the floor methinks. Reducing debt, and buybacks just aren't doing it. way oversold and the wait for reason to prevail is very frustrating. GLTAL
Comment by Ebankbank on Mar 06, 2023 5:22pm
I agree, I bought for the monthly dividend at .23 cents sold when it went up. Bought back before winfall tax now it's lingering, the company in in good financial shape and it can afford a bigger increase then 10cents per quarter.  2.76 per share pre Covid and .64 per share after with the best debt situation in over 10 years and a really small share float. Let's go management hopefully ...more  
Comment by RiverCartel on Mar 07, 2023 12:22pm
VET is clost to hitting their debt targets. Once achieved the divy will increase. They are maxing out their buybacks already. Long term outlook for oil productioon and demand is steadily increasing in alignment. This suggests profits will be quite good for the distant future and VET becomes an atttractive buy at these prices.
Comment by clamlinguine on Mar 08, 2023 11:11pm
You must be kidding. The stock isn't rising because they aren't reducing debt or buying stock, they are buying assets and paying windfall taxes.  I wish. 
Comment by Nuttw1ster on Mar 09, 2023 8:41am
...and those are the facts. Debt was hardly touched, dividend is too small to be supportive and 2023 is going to be a disaster in regards to debt reduction/production declines/FCF towards buybacks or dividends as per the numbers they provide.  The shares bought back thus far barely cover the new shares issued as compensation, the net result of 70 million$ of buyback cash is not anything for ...more  
Comment by mnztr on Mar 09, 2023 3:35pm
prioritizing buybacks over debt reduction is idiotic and shows the mgmt would rather do ANYTHING with the money vs returning it to shareholders. 
Comment by JoeDev on Mar 09, 2023 4:46pm
They haven't bought any shares back in the last 5 yrs. These are all lies by the company.  Check the shares outstanding.  Same as 5 yrs ago. Lies Lies Lies. I dont know how they get away with it..
Comment by GregC24 on Mar 09, 2023 6:12pm
They "get away with it" because "well informed" people like you don't actually read the information provided by the company but instead go on the internet and make all sorts of wild statements based on an intent to misinform.   "In 2022, Vermilion purchased and cancelled 2.34 million common shares under the NCIB for total consideration of $71.7 million. The ...more  
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