Would prefer TOU over VET. The challenge is the stressed balance sheet for these energy providers. VET has some of the worst price momentum, value, volatility and earnings profile in terms of current return on equity. They can move quickly if they look like they will survive. If you are looking for a huge amount of leverage and upside for a recovery, you could own VET but TOU is the more stable choice.
A good operator with fine internationally diversification. They cut their high dividend, but had to and won't return to that level. We live in a different world with lower oil prices and demand. VET's balance sheet is okay and this will survive. That said, he prefers Tourmaline Oil which has more cash.
VET vs OVV? They are both stocks he would not own. OVV participated well on expected index buying in the US, but they are no longer able to attract US investors based on their share price. It is a non-starter for sure. VET cut the dividend and they changed management, but it will be a long road. They can't sell assets to help reduce debt and they can't raise the dividend. They are in far too many geographical areas and he thinks they have lost focus.
Vermilion Energy Inc is a Canadian stock, trading under the symbol VET-T on the Toronto Stock Exchange (VET-CT). It is usually referred to as TSX:VET or VET-T
In the last year, 5 stock analysts published opinions about VET-T. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Vermilion Energy Inc.
Vermilion Energy Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Vermilion Energy Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Vermilion Energy Inc In the last year. It is a trending stock that is worth watching.
On 2022-05-20, Vermilion Energy Inc (VET-T) stock closed at a price of $24.8.