VET News and Press, Vermilion Energy Inc. Common From 04/04/20

Anyone who tried to sell short into the recent crude oil rally prompted by Donald Trump alluding to a 10 million barrel per day ("mmpd") coordinated cut to oil production has, at least for now, been run over by rampant market optimism. While many tend to levy criticism at Donald Trump and hi...

Vermilion Energy ( VET -11.3% ) cuts its 2020 capital budget by C$80M-C$100M , a 25% reduction at the midpoint, and its monthly dividend to C$0.02/share from C$0.115/share in response to the decline in global commodity prices. More news on: Vermilion Energy Inc., Energy stocks news, S...

Gulfport Energy (NASDAQ: GPOR ) -74% . More news on: Gulfport Energy Corporation, Oasis Petroleum Inc., Diamond Offshore Drilling, Inc., Stocks on the move, , Read more ...

Vermilion Energy (NYSE: VET ) further slashes its monthly dividend by 83% to C$0.02/share from C$0.115/share, translating to forward annual yield of 4.93%. The new dividend is effective from April, payable in May 2020. The company earlier halved its monthly dividend to C$0.115/share from...

Vermilion Energy Inc. Announces Reductions to Capital Program and Monthly Dividend Canada NewsWire CALGARY, March 16, 2020 CALGARY , March 16, 2020 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) announces that its Board of...

Investment Thesis Junk bonds have been a ticking time bomb marked by narrow spreads, deteriorating credit and investor overconfidence. While investors have been searching for decent yields anywhere they can find it in this low yield environment, many have dipped too far into this dicey secto...

Independent oil producer stocks are taking it on the chin once again. At this writing, a large group of independents is down 14% or more on March 11 in early-afternoon trading, tacking even more losses onto a horrendous 2020 that's seen the group lose more than two-thirds of its value: As of 2:...

The freshly triggered oil price war between Saudi Arabia and Russia has dragged global stock markets down at rates not seen since the 2008 financial crisis, with Canadian stocks hit hard. The breakdown in negotiations between Saudi Arabia, a member of the Organization of the Petroleum...

Introduction When Vermilion Energy ( VET ) released their results for the fourth quarter of 2019, they also disappointed their yield chasing shareholders by halving their dividend payments . It was only approximately four months ago that I warned that their massive double-digit dividend...

Vermilion Energy Inc. (VET) Q4 2019 Earnings Conference Call March 6, 2020 11:00 ET Company Participants Anthony Marino - President & CEO Adam Iwanicki - Risk Manager & Marketing Director Lars Glemser - VP & CFO Conference Call Participants Dennis Fong - Canacco...