VET-T
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.
The only change you will see from the company is less dividends with debt pay down being the focus. Everything else is really the commodity price. Energy is generally out of favour. It has typically been a good quality dividend payer. He got out before the major downdraft. They will focus on paying down debt before re-instating the dividend. If you are looking for an energy stock, then why not get one paying a dividend like CNQ-T.
The only change you will see from the company is less dividends with debt pay down being the focus. Everything else is really the commodity price. Energy is generally out of favour. It has typically been a good quality dividend payer. He got out before the major downdraft. They will focus on paying down debt before re-instating the dividend. If you are looking for an energy stock, then why not get one paying a dividend like CNQ-T.
ARX vs VET ARX holds super high quality liquids assets in the Montney formation. VET has a more diversified production slate including Australia and the Netherlands as well as Canada. The US has shut in 1.4 million barrels a day, this has reduced associated natural gas production. This will tighten the natural gas markets making it much more bullish. This is helpful for ARX, more so. He has not been a huge supporter of the VET management team and is less bullish on European natural gas markets (where VET is more active). ARX also provides a better dividend stream.
ARX vs VET ARX holds super high quality liquids assets in the Montney formation. VET has a more diversified production slate including Australia and the Netherlands as well as Canada. The US has shut in 1.4 million barrels a day, this has reduced associated natural gas production. This will tighten the natural gas markets making it much more bullish. This is helpful for ARX, more so. He has not been a huge supporter of the VET management team and is less bullish on European natural gas markets (where VET is more active). ARX also provides a better dividend stream.
(A Top Pick Apr 25/19, Down 83%) With an exposure to European natural gas markets it was attractive. He sold last June into ARX when it began to collapse with other energy holdings. They have had to restrict or cut their dividend several times. The energy space will continue to be a tough environment.
(A Top Pick Apr 25/19, Down 83%) With an exposure to European natural gas markets it was attractive. He sold last June into ARX when it began to collapse with other energy holdings. They have had to restrict or cut their dividend several times. The energy space will continue to be a tough environment.
Fed bailout? He has no idea yet if VET or PXT would qualify if there was a Federal government incentive. He does not expect a bailout; rather, a lump sum of money available for financing.
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.
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.
(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.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 30
Neutral - Hold Signals / Votes : 14
Bearish - Sell Signals / Votes : 32
Total Signals / Votes : 76
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, 76 stock analysts published opinions about VET-T. 30 analysts recommended to BUY the stock. 32 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Vermilion Energy Inc.
Vermilion Energy Inc was recommended as a Top Pick by Eric Nuttall on 2020-06-19. 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.
76 stock analysts on Stockchase covered Vermilion Energy Inc In the last year. It is a trending stock that is worth watching.
On 2020-07-02, Vermilion Energy Inc (VET-T) stock closed at a price of $6.17.
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.