
TSE:VET
This summary was created by AI, based on 12 opinions in the last 12 months.
Vermilion Energy Inc (VET-T) is currently a complex investment, with a mix of opinions among experts. While some highlight its international footprint and potential for growth in Europe, particularly in natural gas, others express concerns over its recent performance and market position. The company's management has been praised for returning value to shareholders and consolidating operations, especially in the wake of geopolitical shifts impacting energy supply. However, the stock is seen as fluctuating in value with many investors still waiting to break even after recent downturns. There is a cautionary tone regarding future growth and volatility, particularly influenced by European energy prices and broader market dynamics.
It has exposure to European gas and has had excess profits. European governments decided to tax these profits so this brought the share price down. Also European gas prices have been coming down. If you want exposure to gas go to a diversified company. She does not have exposure to energy producers.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.
We think VET is OK, with many of the expected problems at least partially priced in now.
We would like TOU better, as well as WCP, TVE and SU/CNQ.
NNRG is an easy choice for investors looking for an active managed, more aggressive fund. It is hard to compare the fund with single companies, however. Unlock Premium - Try 5i Free
We again reiterate VET as a TOP PICK. Cash reserves are growing, while debt is retired and shares bought back. It trades under book value and supports a ROE of 36%. We continue to recommend a stop at $18, looking to achieve $25 -- upside potential of 23%. Yield 1.7%
(Analysts’ price target is $25.18)