
TSE:VET
This summary was created by AI, based on 12 opinions in the last 12 months.
Vermilion Energy Inc (VET) has received mixed reviews from experts, with opinions ranging from cautious optimism to critical assessments. While some view the company as a potential value trap due to its broad geographic exposure and lack of clear catalysts, others highlight the disciplined management and recent performance improvements. Natural gas, particularly in Europe, is seen as a significant opportunity, given the region's increasing energy demands exacerbated by geopolitical tensions. The company's focus on consolidating operations and returning capital to shareholders is noted, alongside concerns about market volatility and a need for careful monitoring of exit strategies. Overall, while some analysts express a bullish stance on VET, particularly as an intermediate fuel option, others recommend exploring alternatives with more growth potential.
Has long owned this, one of the few oils he has. Money isn't flowing into this sector, but leaving. Oil needs to find buyers. It's not a good sign when Canadian companies seek opportunities in the U.S. It says a lot about Alberta. Vermillion has 60% of its earnings outside Canada and fetches international prices. It's unfortunate, the state of Canadian oil.
Another tough day today. They purchased some assets from Sparton and the market has penalized them for that. The sector as a whole is getting beaten up. It is a good company. If you are looking for income, you probably don’t want to look at the energy sector. If you have a time horizon of a couple of years, should be good but there could still be some price decrease.
(Past Top Pick Sept. 13, 2017, Down 8%) They recently bought Spartan Energy, so how will they integrate it? Their margins have been squeezed. Their plans to expand German assets has been delayed a bit. The share price has fall to the point where they pay a 7.3% dividend which is safe. He still believes highly in Vermillion.
About 66% of production lies outside Canada. It's trading cheaper than historically. He sees cash flow per share growth. Safe dividend. Good balance sheet. Market didn't like their last quarter because of weakness/concerns in the Caribbean and European operations. They made some acquisitions that'll benefit them. Buy if you feel oil will top $60-70.