Vermilion Energy Inc

VET-T

Tax loss selling coming? This late year event may occur again. He cautions that taking money out of the space may lock in losses that can not possibly be made up in other sectors. Maybe sell the odd name and re-balance into another, he suggests.

(A Top Pick Nov 19/18, Down 36%) Almost 14% dividend. He like it. It got beat up last year and is a buy this year during tax loss selling season.

Doesn't own it in their core portfolio, but does own it in the income-seeking one. Juicy yield. Risk of dividend cut is moderate, but not immiment. Payout ratio is manageable. Has never cut a dividend. Stock is cheap. Yield is 14.2%.

Pays a 14.1% dividend, but the street expects this to be cut. He has started to look at it. VET has international operations in Europe and Australia. Worth buying if you stomach a dividend cut.

The stock has really been hurt. Most of its assets are outside of Canada. The dividend is huge and continues to be paid. It is safe and cash flow will cover it. Everything he sees says it is okay. But it is not without risk.

The dividend is very high. A good example of how the market doesn't want to be in fossil fuels. It's at 13% right now. It's a good company with European exposure. A great company but investors aren't buying it.

The dividend is very high. A good example of how the market doesn't want to be in fossil fuels. It's at 13% right now. It's a good company with European exposure. A great company but investors aren't buying it.

They have a high yield and the market punished the stock. They only pay out 2/3'rds of their cash flow. He worries that they might cut the dividend a little at some point, but there is no reason for them to cut it at this point. There will be continued headline risk but they will climb higher over the next few months. You will see a geopolitical risk premium.

It was a Top Pick and is up nicely. Don’t chase the stock right now. He does not think there is risk to the 12% dividend.

It is a very well positioned company, very good management. They can continue to pay that dividend. He has a lot of confidence in this company. This will perform well if the oil industry comes back. (Analysts’ price target is $32.00)

Yield of 14%! The company has indicated they intend to keep the dividend in place. However, whenever it gets to 10% yield, the market is usually telling you it will not be maintained. The recent purchase of Canadian natural gas assets is being questioned by investors.

The dividend is likely safe. They have some exposure to European natural gas where prices have fallen. Investors are concerned about the CEO getting a 52% pay raise last year, but the stock underperformed the index--what's going on? When oil stocks rally again, this will likely underperform over Euro prices and using their balance sheet to pay their dividend. But there aren't major issues here and it's overall fine.

(A Top Pick Sep 05/18, Down 48%) They have never cut the dividend in worse times. The shorts might give up. The assets are good and management is good.

Pays a near 15% dividend, which is getting dangerous. They carry $2 billion of debt, not horrible leverage, but still.... VET is in the wrong sector--oil is getting punished. There needs to be a China trade deal for oil to lift. Could be a couple of years before oil picks up. He owns only 4% oil.