
TSE:VET
This summary was created by AI, based on 12 opinions in the last 12 months.
Vermilion Energy Inc. (VET-T) has garnered mixed reviews from experts, with some viewing it as a potential turnaround story while others see it as a value trap. The company has made strides in consolidating its geographical exposure and is focusing more on natural gas, particularly in light of increasing energy demand in Europe following recent geopolitical tensions. The disciplined management has positively impacted the stock's performance, yet there are concerns about its lack of catalysts and the volatility of gas prices in Europe. While some analysts are bullish due to the company’s high free cash flow yield and attractive dividend, others suggest caution, noting that it may not be a compelling long-term hold given the current macroeconomic environment.
Dividend cut? Royal Bank analysts think they may cut the dividend. This may be coming Friday, when they report earnings. He thinks there are lots of things management could do, like cut the dividend 50% or eliminate the DRIP program and the share price would jump up. He would not be selling it here, nor would he be a buyer.
(A Top Pick Apr 11/19, Down 57%) He no longer owns this one. It has always had a premium valuation as it priced its production off the Brent oil market. They switched out back last June, buying ARX-T instead.