Vermilion Energy Inc (VET) Options

Vet is looking good!

Looks like $VET is going to break out to the upside. :)

Will VET ever implement a dividend again?

looks like a buy the dip opportunity for VET!!!

BREAKING NEWS: $VET Vermilion Energy Inc. Announces Results for the Three and Nine Months Ended September 30, 2020 and the Release of its 2020 Corporate Sustainability Report

Vermilion Energy Inc. Announces Results for the Three and Nine Months Ended September 30, 2020 and the Release of its 2020 Corporate Sustainability Report Canada NewsWire CALGARY, AB, Nov. 9, 2020 CALGARY, AB , Nov. 9, 2020 /CNW/ - Vermilion Energy Inc. ("Ve...

Got this from VET - Vermilion Energy Inc. Announces Results for the Three and Nine Months Ended September 30, 2020 and the Release of its 2020 Corporate Sustainability Report

News: $VET Why Occidental Petroleum, SM Energy, and Vermilion Energy Jumped 10% or More on July 21

Shares of relatively tiny oil driller SM Energy (NYSE: SM) jumped nearly 14% in the first half hour of trading on July 21. Following close behind were Canadian international oil company Vermilion Energy (NYSE: VET) and U.S.-based giant Occidental Petroleum (NYSE: OXY) , both of whic...

Read the whole news VET - Why Occidental Petroleum, SM Energy, and Vermilion Energy Jumped 10% or More on July 21

https://www.vermilionenergy.com/

They suspended their monthly dividend today! "-Vermilion Energy Inc. announces that its Board of Directors has suspended our monthly dividend until further notice. In view of our determination to reduce debt within the current commodity environment, we are suspending our monthly dividend until further notice following the payment of the March dividend of $0.115 previously declared for payment today." That is a game changer. I must revise my thinking about VET. Not only will it take a dive after the dividend is paid today, the dive may go to as low as $2. "Until further notice" is the only hope that remains for this stock. Your guess is as good as mine if this board of directors will reinstate the dividend as the price of oil climbs. All four bigs, OPEC, Russia, US and Mexico will be cutting their production by an historic 20% or more. The price of oil and gas will be increasing back up to around $80+/bbl in my opinion, making VET quite profitable again. Will it restore the dividend? If you think it will, then the $2/share, or thereabouts, is a major bargain. If not, then who knows where a fair price will be for VET. It's gamblin' time at the VET!

Here's the way I'm, looking at VET: This stock was downgraded because of the poor shape of the oil & gas industry. But these oil and gas prices are about to take a nice leap - OPEC & Russia are agreeing to cut output, Mexico and US have also agreed to cut output. This will increase oil prices substantially, thus the share price of VET. The SP is lingering around $4.50 and there is a big reason it will fall further - maybe to the $4 or lower level. April 15th is the pay-date for the $.11 dividend. There will be a big sell off of those holding to get this dividend on the 15th (tomorrow, with sell off on Wed). The announced dividend of $.02 for May etc. is not enough to hold them. Others will join the sell off because of the lowering of the dividend to $.02/month. But, that's not all that bad as dividends go. $.24/year for a $4.50 stock is a 5% yield! Now that doesn't compare to the $.21 - $.29 dividend VET holders are used to, but in the world of dividends, that's known as exceptional and "high yield". As for the VET dividend, as oil & gas prices go up starting now, I believe they will increase their dividend to 8 cents, then back to 11 cents a few months later. Say the July-August divvy to $.08, then the Nov-Dec back to $.11. With oil & gas prices climbing for the rest of the year, I just cannot see the VET dividend being less than the .11 by the end of the year. Plus, in the meantime, we should be enjoying a substantial SP increase from the current $4.50 to around $8 or higher by the end of the year. Now, that's MVHO. I'm no friggin optimist. The market for VET is just looking really good and it's had a very long history of being a champ!

No thanks, thats a VERY long wait. I'll park my benjamins elsewhere

Think about what the yield could be if you buy now and they raise the dividend back up.

Toofuzzy

Vermillion cut their divy from .23 CDN to .11 CDN now they dropped it to .02 CDN as of March 16ths announcement. There is no incentive to hold it at this point.

I doubt it, this virus has shut down or will shut down global commerce. Think about Walmart and how many products they import from China. Chinas shipping industry is halting, exports, NO. The US's supply of all paper products comes from China, Toilet paper, paper towels, tissues, wipey wipes.

How many items does Canada import from China? With less of a demand for bunker fuel or any type of fossil fuel, demand will be down. This virus is closing down schools public venues isolating people to go inside. Hmmmm maybe instacart, are they public? HOME delivery will become popular. If everyone self quarantines what do they eat?

Scary times ahead, every industry I can think of will be affected.
Companies paying dividends have to preserve themselves first.

Vermillion is no different. I expect dividend cuts from every payer and elimination from weaker players.

the entire market is so out of wack. I sure hope it stabilizes soon.

Thank you COVID19, I picked up some VET @ $4.39 this morning. :) :)

Today VET announced results and also put out a company presentation. Information regarding their Ukraine purchase was unknown until now. But if you compare the presentation information and maps below, you can see that Vermilion is very close to Cub Energy. So keeping an eye on both companies for drill results. In truth, it almost makes more sense for VET to acquire KUB since VET shares the same JV in Slovakia(NAFTA) and have similar mineral leases. They also share directors.

https://www.vermilionenergy.com/files/Vermilion_Energy_-_Corporate_Presentation_-_Nov_2019_-_WEB.pdf

Awarded two exploration licenses totaling approximately 500,000 gross acres in Ukraine, in a 50/50 partnership with Ukrgazvydobuvannya ("UGV“), a Ukrainian state owned gas producer
? Partnership includes access to technical data, local drilling fleet, and key infrastructure
? Licenses located in one of Europe’s most prolific natural gas basins, the Dnieper-Donets Basin
? Adjacent to several existing multi-TCF gas fields
? Limited application of modern exploration and exploitation technology
? Production sharing agreement has attractive fiscal regime with gas market priced on European imports at Ukrainian hub (TTF premium)
? Modest back-end capital commitment over a 5-year period

Compared To KUB:

http://www.cubenergyinc.com/_resources/corporate-presentation.pdf?v=4

Transcarpathian Sedimentary Basin (West)
? 3 licenses 100% and 50% owned by Cub
? 108,000 gross acres (70,500 net)

Dnieper-Donets Sedimentary Basin (East)
? 6 licenses 35% owned by Cub
? 203,000 gross acres (71,000 net acres)

News: $VET Vermilion Energy Inc. Announces $0.23 CDN Cash Dividend for October 15, 2019 Payment Date

CALGARY , Sept. 16, 2019 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on October 15, 2019 to all shareholders of record on September 30, 2019 . The ex-dividend date for this payment is ...

Got this from VET - Vermilion Energy Inc. Announces $0.23 CDN Cash Dividend for October 15, 2019 Payment Date

Dividend yield is now almost 15% on this oil stock.

Good technical comp.

Yeah but it's up 25% off the ruler-line drawn....

Which is why I say :



Meanwhile EXON (and likely numerous others) look like this



And I'm not sure that XOM is actually bullish

Really like it here.

Darn it : Missed it !



Could it be a buy ?

Vermilion Energy (NYSE:VET): Q1 EPS of $0.01.

Revenue of $179.5M (-49.7% Y/Y

Q3 cc transcript

http://www.earningsimpact.com/Transcript/84404/VET/Vermilion-Energy-Inc---Q3-2013-Earnings-Call