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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 > usual reaction!
View:
Post by CarsT1 on Jul 10, 2024 3:53pm

usual reaction!

well known that Nuttall doesn't want to hold VET. That said he bought it a few years ago (briefly). 

So at the right price, there is always a buyer. Generating net cash and buying back shares.

Street targets are ~ $20 or 30% upside.

Based on company geography, NG shortages in Europe or Australia may provide catalysts laster this summer for a move towards the target price.
GLTA

Comment by Teetime on Jul 11, 2024 11:42am
Have owned this a few times in the past but seems they don't treat shareholders well, so price gets punished.  I got out a while back and barely made anything, although the dividend was good at one point. I still follow it as I have a friend that works for them and it sounds like employee morale isn't great and they don't incentivize them very well either, they do have periodic ...more  
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