Our global exposure provides us with stronger and more stable pricing, project investment diversification and a greater selection of business development opportunities. DIVIDEND GROWTH (3 YEAR)-3.44. DIVIDEND GROWTH ... 12/30/2019.
All in all, if you are looking for a financially strong oil driller with a dividend that looks secure, Vermillion isn't it.
Be a part of it. All our operating regions generate free cash flow with a project slate that delivers high margins, low decline rates and strong capital efficiencies. Key Data for Vermilion Energy Inc. (VET), including dividends, moving averages, valuation metrics, and more. That certainly sounds great, but there's a lot more for investors to understand before they jump aboard this relatively tiny energy stock. We care enough to look for it.
And then there's the dividend, which has trended higher over the past 16 years. CALGARY, Nov. 15, 2019 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on December 16, 2019 to all shareholders of record on November 27, 2019. 0.23 CAD: 12/16/2019. This period included the company changing its corporate structure from a Canadian Royalty Trust to a regular corporation. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings.
A cash dividend payment of $0.175 per share is scheduled to be paid on …
To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. See you at the top!
Again, that sounds OK until you compare it to Chevron's 24 times and Exxon's 26 times. Vermilion Energy (TSE:VET) Dividend Information Vermilion Energy pays an annual dividend …
Another leg down in oil prices could severely pinch this oil driller's ability to return cash to shareholders while still investing in its business.
Since our founding more than 20 years ago, Vermilion has been guided by our core values of Excellence, Trust, Respect and Responsibility. And, for that reason, it's hard to call Vermillion a great dividend stock.
We believe that producing energy for the many people and businesses that rely upon it to meet their daily needs and sustain their quality of life is both a great privilege and a great responsibility. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET. Vermilion pays a monthly dividend of Canadian $0.23 per share, which provides a current yield of approximately 14.5%. The dividend, however, is paid monthly, which makes it kind of like replacing a paycheck.
That said, 2020 is expected to see roughly flat production based on the company's current projections.
That concern has left the yield at lofty levels, but most dividend investors should probably avoid Vermillion. Since 2012 Vermillion has seen material growth in its production via a mixture of acquisitions and capital investmentm and its 13% annualized production growth rate over that span would put most of the integrated energy majors to shame. Europe and Australia provide about half of its free cash flow, though, so it is definitely not a regional player. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). While Vermillion has certainly proven that it is willing to support its dividend even while spending heavily on growth, there comes a point where too many debt and equity sales catch up to a company. Supported by a strong leadership team, our staff drive a high performing, engaged, collaborative and community-minded culture that is the single most important factor in our success. The ex-dividend date for this payment is November 26, 2019. At Vermilion, our people deliver excellence daily, around the world. We have been recognized as a top decile performer amongst Canadian publicly listed companies in governance practices, as a Climate Leadership level (A-) performer by the CDP, and a Best Workplace in the Great Place to Work® Institute's annual rankings in Canada, the Netherlands and Germany.
For starters, Vermillion is spending more than it brings in the door, and has been for many years. The ex-dividend date for …
As a responsible energy producer, we are committed to giving back to the communities where our people live and work. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps.
That's a key reason why investors have pushed the stock price lower and yield higher.
A cash dividend payment of $0.169 per share is scheduled to be paid on … The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. 11/26/2019. Vermillion does have a solid foundation in this regard, even if it plans to pull back some on the capital spending front.
12/31/2019.
CALGARY, Nov. 15, 2019 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN … ... DIVIDEND FREQUENCY. 12/16/2019. That's true here, too, unfortunately.
Canadian oil driller Vermillion Energy (NYSE:VET) has a massive 14% dividend yield. Sign up to automatically receive news releases from Vermilion. There is value beyond ourselves in the communities where we operate.
We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. To make up the difference, the oil company has issued a lot of shares (the average share count has nearly doubled over the past decade) and debt (up 630% over the past 10 years). V ermilion Energy Inc. (VET) will begin trading ex-dividend on March 28, 2019. The information contained in news releases posted to this website was accurate at the time of posting, but may be superseded by subsequent news releases. Vermillion's ability to pay interest expenses is problem. Vermilion is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia. Vermillion tends to favor conventional drilling, with assets that benefit from long production lives and relatively low costs.
However, it's important to highlight that Vermillion isn't a fracking company focused on U.S. unconventional onshore assets where cost containment is a huge issue. Dividend investors tend to be a conservative group, preferring a reliable dividend to one that's large and at risk of being cut (often called a sucker's yield).
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing properties in North America, Europe and Australia. Roughly two-thirds of Vermillion's production comes from Canada and the United States, with the rest coming from Europe and Australia.
Vermilion holds a 20% working interest in the Corrib gas field in Ireland. While the low yields in the debt market are a far better option for raising cash, the material increase in Vermillion's debt is also a problem. Many other companies that made the same transition ended up cutting their dividends. A part of that is thanks to a plan to reduce capital spending by nearly 15% in 2020. So what's the problem? That's tough with often volatile oil prices hovering in the $50- and $60-per-barrel range, which doesn't leave much room for profits. Since stock price and yield have an inverse relationship, it shouldn't come as a surprise that the company's 13% yield is backed by a stock that is off by more than 50% since roughly 2010. The company's return on capital employed -- a measure of management's effectiveness -- sits at a solid 10.7%, which is not quite as good as the 18.5% of industry outperformer ConocoPhillips (NYS… Often, a high dividend is a result of a floundering share price.
Market data powered by FactSet and Web Financial Group.
Returns as of 10/26/2020. DIVIDEND YIELD-EX-DIV-DATE-PAYABLE DATE. Vermilion's priorities are health and safety, the environment, and profitability, in that order.
Our global exposure provides us with stronger and more stable pricing, project investment diversification and a greater selection of business development opportunities. DIVIDEND GROWTH (3 YEAR)-3.44. DIVIDEND GROWTH ... 12/30/2019.
All in all, if you are looking for a financially strong oil driller with a dividend that looks secure, Vermillion isn't it.
Be a part of it. All our operating regions generate free cash flow with a project slate that delivers high margins, low decline rates and strong capital efficiencies. Key Data for Vermilion Energy Inc. (VET), including dividends, moving averages, valuation metrics, and more. That certainly sounds great, but there's a lot more for investors to understand before they jump aboard this relatively tiny energy stock. We care enough to look for it.
And then there's the dividend, which has trended higher over the past 16 years. CALGARY, Nov. 15, 2019 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on December 16, 2019 to all shareholders of record on November 27, 2019. 0.23 CAD: 12/16/2019. This period included the company changing its corporate structure from a Canadian Royalty Trust to a regular corporation. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings.
A cash dividend payment of $0.175 per share is scheduled to be paid on …
To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. See you at the top!
Again, that sounds OK until you compare it to Chevron's 24 times and Exxon's 26 times. Vermilion Energy (TSE:VET) Dividend Information Vermilion Energy pays an annual dividend …
Another leg down in oil prices could severely pinch this oil driller's ability to return cash to shareholders while still investing in its business.
Since our founding more than 20 years ago, Vermilion has been guided by our core values of Excellence, Trust, Respect and Responsibility. And, for that reason, it's hard to call Vermillion a great dividend stock.
We believe that producing energy for the many people and businesses that rely upon it to meet their daily needs and sustain their quality of life is both a great privilege and a great responsibility. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET. Vermilion pays a monthly dividend of Canadian $0.23 per share, which provides a current yield of approximately 14.5%. The dividend, however, is paid monthly, which makes it kind of like replacing a paycheck.
That said, 2020 is expected to see roughly flat production based on the company's current projections.
That concern has left the yield at lofty levels, but most dividend investors should probably avoid Vermillion. Since 2012 Vermillion has seen material growth in its production via a mixture of acquisitions and capital investmentm and its 13% annualized production growth rate over that span would put most of the integrated energy majors to shame. Europe and Australia provide about half of its free cash flow, though, so it is definitely not a regional player. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). While Vermillion has certainly proven that it is willing to support its dividend even while spending heavily on growth, there comes a point where too many debt and equity sales catch up to a company. Supported by a strong leadership team, our staff drive a high performing, engaged, collaborative and community-minded culture that is the single most important factor in our success. The ex-dividend date for this payment is November 26, 2019. At Vermilion, our people deliver excellence daily, around the world. We have been recognized as a top decile performer amongst Canadian publicly listed companies in governance practices, as a Climate Leadership level (A-) performer by the CDP, and a Best Workplace in the Great Place to Work® Institute's annual rankings in Canada, the Netherlands and Germany.
For starters, Vermillion is spending more than it brings in the door, and has been for many years. The ex-dividend date for …
As a responsible energy producer, we are committed to giving back to the communities where our people live and work. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps.
That's a key reason why investors have pushed the stock price lower and yield higher.
A cash dividend payment of $0.169 per share is scheduled to be paid on … The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. 11/26/2019. Vermillion does have a solid foundation in this regard, even if it plans to pull back some on the capital spending front.
12/31/2019.
CALGARY, Nov. 15, 2019 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN … ... DIVIDEND FREQUENCY. 12/16/2019. That's true here, too, unfortunately.
Canadian oil driller Vermillion Energy (NYSE:VET) has a massive 14% dividend yield. Sign up to automatically receive news releases from Vermilion. There is value beyond ourselves in the communities where we operate.
We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. To make up the difference, the oil company has issued a lot of shares (the average share count has nearly doubled over the past decade) and debt (up 630% over the past 10 years). V ermilion Energy Inc. (VET) will begin trading ex-dividend on March 28, 2019. The information contained in news releases posted to this website was accurate at the time of posting, but may be superseded by subsequent news releases. Vermillion's ability to pay interest expenses is problem. Vermilion is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia. Vermillion tends to favor conventional drilling, with assets that benefit from long production lives and relatively low costs.
However, it's important to highlight that Vermillion isn't a fracking company focused on U.S. unconventional onshore assets where cost containment is a huge issue. Dividend investors tend to be a conservative group, preferring a reliable dividend to one that's large and at risk of being cut (often called a sucker's yield).
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing properties in North America, Europe and Australia. Roughly two-thirds of Vermillion's production comes from Canada and the United States, with the rest coming from Europe and Australia.
Vermilion holds a 20% working interest in the Corrib gas field in Ireland. While the low yields in the debt market are a far better option for raising cash, the material increase in Vermillion's debt is also a problem. Many other companies that made the same transition ended up cutting their dividends. A part of that is thanks to a plan to reduce capital spending by nearly 15% in 2020. So what's the problem? That's tough with often volatile oil prices hovering in the $50- and $60-per-barrel range, which doesn't leave much room for profits. Since stock price and yield have an inverse relationship, it shouldn't come as a surprise that the company's 13% yield is backed by a stock that is off by more than 50% since roughly 2010. The company's return on capital employed -- a measure of management's effectiveness -- sits at a solid 10.7%, which is not quite as good as the 18.5% of industry outperformer ConocoPhillips (NYS… Often, a high dividend is a result of a floundering share price.
Market data powered by FactSet and Web Financial Group.
Returns as of 10/26/2020. DIVIDEND YIELD-EX-DIV-DATE-PAYABLE DATE. Vermilion's priorities are health and safety, the environment, and profitability, in that order.
Our global exposure provides us with stronger and more stable pricing, project investment diversification and a greater selection of business development opportunities. DIVIDEND GROWTH (3 YEAR)-3.44. DIVIDEND GROWTH ... 12/30/2019.
All in all, if you are looking for a financially strong oil driller with a dividend that looks secure, Vermillion isn't it.
Be a part of it. All our operating regions generate free cash flow with a project slate that delivers high margins, low decline rates and strong capital efficiencies. Key Data for Vermilion Energy Inc. (VET), including dividends, moving averages, valuation metrics, and more. That certainly sounds great, but there's a lot more for investors to understand before they jump aboard this relatively tiny energy stock. We care enough to look for it.
And then there's the dividend, which has trended higher over the past 16 years. CALGARY, Nov. 15, 2019 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on December 16, 2019 to all shareholders of record on November 27, 2019. 0.23 CAD: 12/16/2019. This period included the company changing its corporate structure from a Canadian Royalty Trust to a regular corporation. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings.
A cash dividend payment of $0.175 per share is scheduled to be paid on …
To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. See you at the top!
Again, that sounds OK until you compare it to Chevron's 24 times and Exxon's 26 times. Vermilion Energy (TSE:VET) Dividend Information Vermilion Energy pays an annual dividend …
Another leg down in oil prices could severely pinch this oil driller's ability to return cash to shareholders while still investing in its business.
Since our founding more than 20 years ago, Vermilion has been guided by our core values of Excellence, Trust, Respect and Responsibility. And, for that reason, it's hard to call Vermillion a great dividend stock.
We believe that producing energy for the many people and businesses that rely upon it to meet their daily needs and sustain their quality of life is both a great privilege and a great responsibility. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET. Vermilion pays a monthly dividend of Canadian $0.23 per share, which provides a current yield of approximately 14.5%. The dividend, however, is paid monthly, which makes it kind of like replacing a paycheck.
That said, 2020 is expected to see roughly flat production based on the company's current projections.
That concern has left the yield at lofty levels, but most dividend investors should probably avoid Vermillion. Since 2012 Vermillion has seen material growth in its production via a mixture of acquisitions and capital investmentm and its 13% annualized production growth rate over that span would put most of the integrated energy majors to shame. Europe and Australia provide about half of its free cash flow, though, so it is definitely not a regional player. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). While Vermillion has certainly proven that it is willing to support its dividend even while spending heavily on growth, there comes a point where too many debt and equity sales catch up to a company. Supported by a strong leadership team, our staff drive a high performing, engaged, collaborative and community-minded culture that is the single most important factor in our success. The ex-dividend date for this payment is November 26, 2019. At Vermilion, our people deliver excellence daily, around the world. We have been recognized as a top decile performer amongst Canadian publicly listed companies in governance practices, as a Climate Leadership level (A-) performer by the CDP, and a Best Workplace in the Great Place to Work® Institute's annual rankings in Canada, the Netherlands and Germany.
For starters, Vermillion is spending more than it brings in the door, and has been for many years. The ex-dividend date for …
As a responsible energy producer, we are committed to giving back to the communities where our people live and work. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps.
That's a key reason why investors have pushed the stock price lower and yield higher.
A cash dividend payment of $0.169 per share is scheduled to be paid on … The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. 11/26/2019. Vermillion does have a solid foundation in this regard, even if it plans to pull back some on the capital spending front.
12/31/2019.
CALGARY, Nov. 15, 2019 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN … ... DIVIDEND FREQUENCY. 12/16/2019. That's true here, too, unfortunately.
Canadian oil driller Vermillion Energy (NYSE:VET) has a massive 14% dividend yield. Sign up to automatically receive news releases from Vermilion. There is value beyond ourselves in the communities where we operate.
We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. To make up the difference, the oil company has issued a lot of shares (the average share count has nearly doubled over the past decade) and debt (up 630% over the past 10 years). V ermilion Energy Inc. (VET) will begin trading ex-dividend on March 28, 2019. The information contained in news releases posted to this website was accurate at the time of posting, but may be superseded by subsequent news releases. Vermillion's ability to pay interest expenses is problem. Vermilion is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia. Vermillion tends to favor conventional drilling, with assets that benefit from long production lives and relatively low costs.
However, it's important to highlight that Vermillion isn't a fracking company focused on U.S. unconventional onshore assets where cost containment is a huge issue. Dividend investors tend to be a conservative group, preferring a reliable dividend to one that's large and at risk of being cut (often called a sucker's yield).
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing properties in North America, Europe and Australia. Roughly two-thirds of Vermillion's production comes from Canada and the United States, with the rest coming from Europe and Australia.
Vermilion holds a 20% working interest in the Corrib gas field in Ireland. While the low yields in the debt market are a far better option for raising cash, the material increase in Vermillion's debt is also a problem. Many other companies that made the same transition ended up cutting their dividends. A part of that is thanks to a plan to reduce capital spending by nearly 15% in 2020. So what's the problem? That's tough with often volatile oil prices hovering in the $50- and $60-per-barrel range, which doesn't leave much room for profits. Since stock price and yield have an inverse relationship, it shouldn't come as a surprise that the company's 13% yield is backed by a stock that is off by more than 50% since roughly 2010. The company's return on capital employed -- a measure of management's effectiveness -- sits at a solid 10.7%, which is not quite as good as the 18.5% of industry outperformer ConocoPhillips (NYS… Often, a high dividend is a result of a floundering share price.
Market data powered by FactSet and Web Financial Group.
Returns as of 10/26/2020. DIVIDEND YIELD-EX-DIV-DATE-PAYABLE DATE. Vermilion's priorities are health and safety, the environment, and profitability, in that order.
Our global exposure provides us with stronger and more stable pricing, project investment diversification and a greater selection of business development opportunities. DIVIDEND GROWTH (3 YEAR)-3.44. DIVIDEND GROWTH ... 12/30/2019.
All in all, if you are looking for a financially strong oil driller with a dividend that looks secure, Vermillion isn't it.
Be a part of it. All our operating regions generate free cash flow with a project slate that delivers high margins, low decline rates and strong capital efficiencies. Key Data for Vermilion Energy Inc. (VET), including dividends, moving averages, valuation metrics, and more. That certainly sounds great, but there's a lot more for investors to understand before they jump aboard this relatively tiny energy stock. We care enough to look for it.
And then there's the dividend, which has trended higher over the past 16 years. CALGARY, Nov. 15, 2019 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on December 16, 2019 to all shareholders of record on November 27, 2019. 0.23 CAD: 12/16/2019. This period included the company changing its corporate structure from a Canadian Royalty Trust to a regular corporation. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings.
A cash dividend payment of $0.175 per share is scheduled to be paid on …
To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. See you at the top!
Again, that sounds OK until you compare it to Chevron's 24 times and Exxon's 26 times. Vermilion Energy (TSE:VET) Dividend Information Vermilion Energy pays an annual dividend …
Another leg down in oil prices could severely pinch this oil driller's ability to return cash to shareholders while still investing in its business.
Since our founding more than 20 years ago, Vermilion has been guided by our core values of Excellence, Trust, Respect and Responsibility. And, for that reason, it's hard to call Vermillion a great dividend stock.
We believe that producing energy for the many people and businesses that rely upon it to meet their daily needs and sustain their quality of life is both a great privilege and a great responsibility. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET. Vermilion pays a monthly dividend of Canadian $0.23 per share, which provides a current yield of approximately 14.5%. The dividend, however, is paid monthly, which makes it kind of like replacing a paycheck.
That said, 2020 is expected to see roughly flat production based on the company's current projections.
That concern has left the yield at lofty levels, but most dividend investors should probably avoid Vermillion. Since 2012 Vermillion has seen material growth in its production via a mixture of acquisitions and capital investmentm and its 13% annualized production growth rate over that span would put most of the integrated energy majors to shame. Europe and Australia provide about half of its free cash flow, though, so it is definitely not a regional player. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). While Vermillion has certainly proven that it is willing to support its dividend even while spending heavily on growth, there comes a point where too many debt and equity sales catch up to a company. Supported by a strong leadership team, our staff drive a high performing, engaged, collaborative and community-minded culture that is the single most important factor in our success. The ex-dividend date for this payment is November 26, 2019. At Vermilion, our people deliver excellence daily, around the world. We have been recognized as a top decile performer amongst Canadian publicly listed companies in governance practices, as a Climate Leadership level (A-) performer by the CDP, and a Best Workplace in the Great Place to Work® Institute's annual rankings in Canada, the Netherlands and Germany.
For starters, Vermillion is spending more than it brings in the door, and has been for many years. The ex-dividend date for …
As a responsible energy producer, we are committed to giving back to the communities where our people live and work. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps.
That's a key reason why investors have pushed the stock price lower and yield higher.
A cash dividend payment of $0.169 per share is scheduled to be paid on … The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. 11/26/2019. Vermillion does have a solid foundation in this regard, even if it plans to pull back some on the capital spending front.
12/31/2019.
CALGARY, Nov. 15, 2019 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN … ... DIVIDEND FREQUENCY. 12/16/2019. That's true here, too, unfortunately.
Canadian oil driller Vermillion Energy (NYSE:VET) has a massive 14% dividend yield. Sign up to automatically receive news releases from Vermilion. There is value beyond ourselves in the communities where we operate.
We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. To make up the difference, the oil company has issued a lot of shares (the average share count has nearly doubled over the past decade) and debt (up 630% over the past 10 years). V ermilion Energy Inc. (VET) will begin trading ex-dividend on March 28, 2019. The information contained in news releases posted to this website was accurate at the time of posting, but may be superseded by subsequent news releases. Vermillion's ability to pay interest expenses is problem. Vermilion is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia. Vermillion tends to favor conventional drilling, with assets that benefit from long production lives and relatively low costs.
However, it's important to highlight that Vermillion isn't a fracking company focused on U.S. unconventional onshore assets where cost containment is a huge issue. Dividend investors tend to be a conservative group, preferring a reliable dividend to one that's large and at risk of being cut (often called a sucker's yield).
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing properties in North America, Europe and Australia. Roughly two-thirds of Vermillion's production comes from Canada and the United States, with the rest coming from Europe and Australia.
Vermilion holds a 20% working interest in the Corrib gas field in Ireland. While the low yields in the debt market are a far better option for raising cash, the material increase in Vermillion's debt is also a problem. Many other companies that made the same transition ended up cutting their dividends. A part of that is thanks to a plan to reduce capital spending by nearly 15% in 2020. So what's the problem? That's tough with often volatile oil prices hovering in the $50- and $60-per-barrel range, which doesn't leave much room for profits. Since stock price and yield have an inverse relationship, it shouldn't come as a surprise that the company's 13% yield is backed by a stock that is off by more than 50% since roughly 2010. The company's return on capital employed -- a measure of management's effectiveness -- sits at a solid 10.7%, which is not quite as good as the 18.5% of industry outperformer ConocoPhillips (NYS… Often, a high dividend is a result of a floundering share price.
Market data powered by FactSet and Web Financial Group.
Returns as of 10/26/2020. DIVIDEND YIELD-EX-DIV-DATE-PAYABLE DATE. Vermilion's priorities are health and safety, the environment, and profitability, in that order.
Our global exposure provides us with stronger and more stable pricing, project investment diversification and a greater selection of business development opportunities. DIVIDEND GROWTH (3 YEAR)-3.44. DIVIDEND GROWTH ... 12/30/2019.
All in all, if you are looking for a financially strong oil driller with a dividend that looks secure, Vermillion isn't it.
Be a part of it. All our operating regions generate free cash flow with a project slate that delivers high margins, low decline rates and strong capital efficiencies. Key Data for Vermilion Energy Inc. (VET), including dividends, moving averages, valuation metrics, and more. That certainly sounds great, but there's a lot more for investors to understand before they jump aboard this relatively tiny energy stock. We care enough to look for it.
And then there's the dividend, which has trended higher over the past 16 years. CALGARY, Nov. 15, 2019 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on December 16, 2019 to all shareholders of record on November 27, 2019. 0.23 CAD: 12/16/2019. This period included the company changing its corporate structure from a Canadian Royalty Trust to a regular corporation. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings.
A cash dividend payment of $0.175 per share is scheduled to be paid on …
To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. See you at the top!
Again, that sounds OK until you compare it to Chevron's 24 times and Exxon's 26 times. Vermilion Energy (TSE:VET) Dividend Information Vermilion Energy pays an annual dividend …
Another leg down in oil prices could severely pinch this oil driller's ability to return cash to shareholders while still investing in its business.
Since our founding more than 20 years ago, Vermilion has been guided by our core values of Excellence, Trust, Respect and Responsibility. And, for that reason, it's hard to call Vermillion a great dividend stock.
We believe that producing energy for the many people and businesses that rely upon it to meet their daily needs and sustain their quality of life is both a great privilege and a great responsibility. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET. Vermilion pays a monthly dividend of Canadian $0.23 per share, which provides a current yield of approximately 14.5%. The dividend, however, is paid monthly, which makes it kind of like replacing a paycheck.
That said, 2020 is expected to see roughly flat production based on the company's current projections.
That concern has left the yield at lofty levels, but most dividend investors should probably avoid Vermillion. Since 2012 Vermillion has seen material growth in its production via a mixture of acquisitions and capital investmentm and its 13% annualized production growth rate over that span would put most of the integrated energy majors to shame. Europe and Australia provide about half of its free cash flow, though, so it is definitely not a regional player. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). While Vermillion has certainly proven that it is willing to support its dividend even while spending heavily on growth, there comes a point where too many debt and equity sales catch up to a company. Supported by a strong leadership team, our staff drive a high performing, engaged, collaborative and community-minded culture that is the single most important factor in our success. The ex-dividend date for this payment is November 26, 2019. At Vermilion, our people deliver excellence daily, around the world. We have been recognized as a top decile performer amongst Canadian publicly listed companies in governance practices, as a Climate Leadership level (A-) performer by the CDP, and a Best Workplace in the Great Place to Work® Institute's annual rankings in Canada, the Netherlands and Germany.
For starters, Vermillion is spending more than it brings in the door, and has been for many years. The ex-dividend date for …
As a responsible energy producer, we are committed to giving back to the communities where our people live and work. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps.
That's a key reason why investors have pushed the stock price lower and yield higher.
A cash dividend payment of $0.169 per share is scheduled to be paid on … The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. 11/26/2019. Vermillion does have a solid foundation in this regard, even if it plans to pull back some on the capital spending front.
12/31/2019.
CALGARY, Nov. 15, 2019 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN … ... DIVIDEND FREQUENCY. 12/16/2019. That's true here, too, unfortunately.
Canadian oil driller Vermillion Energy (NYSE:VET) has a massive 14% dividend yield. Sign up to automatically receive news releases from Vermilion. There is value beyond ourselves in the communities where we operate.
We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. To make up the difference, the oil company has issued a lot of shares (the average share count has nearly doubled over the past decade) and debt (up 630% over the past 10 years). V ermilion Energy Inc. (VET) will begin trading ex-dividend on March 28, 2019. The information contained in news releases posted to this website was accurate at the time of posting, but may be superseded by subsequent news releases. Vermillion's ability to pay interest expenses is problem. Vermilion is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia. Vermillion tends to favor conventional drilling, with assets that benefit from long production lives and relatively low costs.
However, it's important to highlight that Vermillion isn't a fracking company focused on U.S. unconventional onshore assets where cost containment is a huge issue. Dividend investors tend to be a conservative group, preferring a reliable dividend to one that's large and at risk of being cut (often called a sucker's yield).
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing properties in North America, Europe and Australia. Roughly two-thirds of Vermillion's production comes from Canada and the United States, with the rest coming from Europe and Australia.
Vermilion holds a 20% working interest in the Corrib gas field in Ireland. While the low yields in the debt market are a far better option for raising cash, the material increase in Vermillion's debt is also a problem. Many other companies that made the same transition ended up cutting their dividends. A part of that is thanks to a plan to reduce capital spending by nearly 15% in 2020. So what's the problem? That's tough with often volatile oil prices hovering in the $50- and $60-per-barrel range, which doesn't leave much room for profits. Since stock price and yield have an inverse relationship, it shouldn't come as a surprise that the company's 13% yield is backed by a stock that is off by more than 50% since roughly 2010. The company's return on capital employed -- a measure of management's effectiveness -- sits at a solid 10.7%, which is not quite as good as the 18.5% of industry outperformer ConocoPhillips (NYS… Often, a high dividend is a result of a floundering share price.
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Returns as of 10/26/2020. DIVIDEND YIELD-EX-DIV-DATE-PAYABLE DATE. Vermilion's priorities are health and safety, the environment, and profitability, in that order.
That's around seven times the yield on offer from an S&P 500 Index fund. Reuben Gregg Brewer believes dividends are a window into a company's soul. He tries to invest in good souls. Normally you wouldn't even compare Vermillion to names like these (it doesn't have downstream assets like the integrated giants, for one thing), but its drilling-focused business is actually spread around the world -- just like those of the energy majors.
Normally you wouldn't even compare Vermillion to names like these (it doesn't have downstream assetslike the integrated giants, for one thing), but its drilling-f…
Our free cash flow-oriented model seeks to create value for our shareholders while minimizing risk. That is in line with the company's larger goal to self-fund most of its own growth. Yahoo is part of Verizon Media.
We'll get to why this is happening in a moment, but it's actually surprising how many of Vermilion's financial metrics are sound.
Vermilion has paid cumulative dividends of $3.8B, or $40.20 per share, from 2003 through March 2020. Add in the fact that Vermillion sells a highly volatile commodity that's been languishing at relatively weak prices, and it's pretty clear why investors are worried here. Vermillion Energy hails from Canada and has a $2.3 billion market cap. Our business model emphasizes organic production growth augmented with value-adding acquisitions, along with providing reliable and increasing dividends to investors. You can change your choices at any time by visiting Your Privacy Controls. Vermillion does not have the same balance sheet strength as its larger peers, which are basically built to weather the volatile ups and downs of the energy market.
Employees and directors hold approximately 5% of our fully diluted shares, are committed to consistently delivering superior rewards for all stakeholders, and have delivered over 20 years of market outperformance.
Self-funding is an increasingly important approach in today's energy markets, with drillers looking to live within their means. This is high-risk fare that needs close monitoring, which is fine if that's what you want to own. In addition, Vermilion emphasizes strategic community investment in each of our operating areas. While not exactly a small company, it competes against names like ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX), which have market caps of roughly $290 billion and $230 billion, respectively. CALGARY, Nov. 15, 2019 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on December 16, 2019 to all shareholders of record on November 27, 2019. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
Our global exposure provides us with stronger and more stable pricing, project investment diversification and a greater selection of business development opportunities. DIVIDEND GROWTH (3 YEAR)-3.44. DIVIDEND GROWTH ... 12/30/2019.
All in all, if you are looking for a financially strong oil driller with a dividend that looks secure, Vermillion isn't it.
Be a part of it. All our operating regions generate free cash flow with a project slate that delivers high margins, low decline rates and strong capital efficiencies. Key Data for Vermilion Energy Inc. (VET), including dividends, moving averages, valuation metrics, and more. That certainly sounds great, but there's a lot more for investors to understand before they jump aboard this relatively tiny energy stock. We care enough to look for it.
And then there's the dividend, which has trended higher over the past 16 years. CALGARY, Nov. 15, 2019 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on December 16, 2019 to all shareholders of record on November 27, 2019. 0.23 CAD: 12/16/2019. This period included the company changing its corporate structure from a Canadian Royalty Trust to a regular corporation. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings.
A cash dividend payment of $0.175 per share is scheduled to be paid on …
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Again, that sounds OK until you compare it to Chevron's 24 times and Exxon's 26 times. Vermilion Energy (TSE:VET) Dividend Information Vermilion Energy pays an annual dividend …
Another leg down in oil prices could severely pinch this oil driller's ability to return cash to shareholders while still investing in its business.
Since our founding more than 20 years ago, Vermilion has been guided by our core values of Excellence, Trust, Respect and Responsibility. And, for that reason, it's hard to call Vermillion a great dividend stock.
We believe that producing energy for the many people and businesses that rely upon it to meet their daily needs and sustain their quality of life is both a great privilege and a great responsibility. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET. Vermilion pays a monthly dividend of Canadian $0.23 per share, which provides a current yield of approximately 14.5%. The dividend, however, is paid monthly, which makes it kind of like replacing a paycheck.
That said, 2020 is expected to see roughly flat production based on the company's current projections.
That concern has left the yield at lofty levels, but most dividend investors should probably avoid Vermillion. Since 2012 Vermillion has seen material growth in its production via a mixture of acquisitions and capital investmentm and its 13% annualized production growth rate over that span would put most of the integrated energy majors to shame. Europe and Australia provide about half of its free cash flow, though, so it is definitely not a regional player. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). While Vermillion has certainly proven that it is willing to support its dividend even while spending heavily on growth, there comes a point where too many debt and equity sales catch up to a company. Supported by a strong leadership team, our staff drive a high performing, engaged, collaborative and community-minded culture that is the single most important factor in our success. The ex-dividend date for this payment is November 26, 2019. At Vermilion, our people deliver excellence daily, around the world. We have been recognized as a top decile performer amongst Canadian publicly listed companies in governance practices, as a Climate Leadership level (A-) performer by the CDP, and a Best Workplace in the Great Place to Work® Institute's annual rankings in Canada, the Netherlands and Germany.
For starters, Vermillion is spending more than it brings in the door, and has been for many years. The ex-dividend date for …
As a responsible energy producer, we are committed to giving back to the communities where our people live and work. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps.
That's a key reason why investors have pushed the stock price lower and yield higher.
A cash dividend payment of $0.169 per share is scheduled to be paid on … The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. 11/26/2019. Vermillion does have a solid foundation in this regard, even if it plans to pull back some on the capital spending front.
12/31/2019.
CALGARY, Nov. 15, 2019 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN … ... DIVIDEND FREQUENCY. 12/16/2019. That's true here, too, unfortunately.
Canadian oil driller Vermillion Energy (NYSE:VET) has a massive 14% dividend yield. Sign up to automatically receive news releases from Vermilion. There is value beyond ourselves in the communities where we operate.
We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. To make up the difference, the oil company has issued a lot of shares (the average share count has nearly doubled over the past decade) and debt (up 630% over the past 10 years). V ermilion Energy Inc. (VET) will begin trading ex-dividend on March 28, 2019. The information contained in news releases posted to this website was accurate at the time of posting, but may be superseded by subsequent news releases. Vermillion's ability to pay interest expenses is problem. Vermilion is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia. Vermillion tends to favor conventional drilling, with assets that benefit from long production lives and relatively low costs.
However, it's important to highlight that Vermillion isn't a fracking company focused on U.S. unconventional onshore assets where cost containment is a huge issue. Dividend investors tend to be a conservative group, preferring a reliable dividend to one that's large and at risk of being cut (often called a sucker's yield).
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing properties in North America, Europe and Australia. Roughly two-thirds of Vermillion's production comes from Canada and the United States, with the rest coming from Europe and Australia.
Vermilion holds a 20% working interest in the Corrib gas field in Ireland. While the low yields in the debt market are a far better option for raising cash, the material increase in Vermillion's debt is also a problem. Many other companies that made the same transition ended up cutting their dividends. A part of that is thanks to a plan to reduce capital spending by nearly 15% in 2020. So what's the problem? That's tough with often volatile oil prices hovering in the $50- and $60-per-barrel range, which doesn't leave much room for profits. Since stock price and yield have an inverse relationship, it shouldn't come as a surprise that the company's 13% yield is backed by a stock that is off by more than 50% since roughly 2010. The company's return on capital employed -- a measure of management's effectiveness -- sits at a solid 10.7%, which is not quite as good as the 18.5% of industry outperformer ConocoPhillips (NYS… Often, a high dividend is a result of a floundering share price.
Market data powered by FactSet and Web Financial Group.
Returns as of 10/26/2020. DIVIDEND YIELD-EX-DIV-DATE-PAYABLE DATE. Vermilion's priorities are health and safety, the environment, and profitability, in that order.
