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VET - Vermilion Energy: Revenue And Cash Flow Are Expected To Grow Further
Vermilion Energy Inc. Common
Vermilion Energy (VET), a Canadian upstream company with broadly diversified asset base, published its 2018 results on February 28. As comes from the consolidated statements in the annual report, the firm generated substantial operating cash flow converted into levered free cash flow (net OCF less capex, while capex includes D&D, E&E) of CA$297.8 million with FCF margin of 19.5%, higher than the net margin of 18%. Crucial drivers of the results are favorable benchmark oil and gas prices, Saskatchewan LSB and Brent, to name a few. Q4 total hydrocarbon production, the essential