๐ Deep Dive: Vermilion Energy ($VET) ๐
Vermilion Energy (TSX: VET, NYSE: VET), an international oil and gas producer with a solid track record, robust cash flows, and compelling valuation metrics.
Welcome to this weekโs Deep Dive, where we analyze an under-the-radar gem poised for significant upside. Today, weโre spotlighting Vermilion Energy (TSX: VET, NYSE: VET), an international oil and gas producer with a solid track record, robust cash flows, and compelling valuation metrics.
Company Profile
Vermilion Energy
Ticker Symbol: $VET
Sector: Energy (Oil & Gas)
Market Cap: ~$2.2B (USD)
Headquarters: Calgary, Alberta, Canada
Founded in 1994, Vermilion Energy is a leading global energy producer with operations spanning North America, Europe, and Australia. The company specializes in conventional and unconventional oil and natural gas exploration and production, maintaining a diversified portfolio of onshore and offshore assets. Vermilionโs strategy focuses on free cash flow generation and shareholder returns, including regular dividend payouts and debt reduction.
Production Breakdown:
Oil: ~50% of production
Natural Gas: ~50% of production, including European gas assets benefiting from higher prices in the region.
2023 Exit Production: ~83,000 barrels of oil equivalent per day (boe/d).
Investment Rationale
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