Added to YB: 2024-12-30
Pitch date: 2024-11-11
VET [bullish]
Vermilion Energy Inc.
-30.24%
current return
Author Info
No bio for this author
Company Info
Vermilion Energy Inc., an oil and gas producer, focuses on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia.
Market Cap
CAD 1.8B
Pitch Price
CAD 9.35
Price Target
26.00 (+299%)
Dividend
4.46%
Sector
Oil, Gas and Consumable Fuels
Category
value
Vermilion Energy Inc. - $VET
VET: Undervalued E&P at 20% FCF yield. Growing production in Germany & Croatia w/ high-netback TTF gas. 10+ yr inventory, strong balance sheet. Potential NAM acquisition at 2x CF. Target C$26 (10% FCF yield), still discount to peers. Catalysts: Germany wells, Croatia dev, NAM deal, TTF pricing.
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