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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Crude is approximately double the price it was in late 2015 - early 2016 and the shares of VET.to are where they were when oil was trading at 30 per barrel. 35% of Vermillion's holdings are Brent-priced light oil production and European natural gas prices that are 2-2.5x greater than North American gas prices. Compared to a typical Western Canadian oil and gas producer it would seem that Vermilion is a bit of a value play here. The fact they did not cut their dividend through the last downturn and have paid an increasing dividend since 2010 is also notable. So what am I missing? Thanks! Randy D.
Read Answer Asked by Randy on November 12, 2018
Q: I'm wondering if you would know what percentage of Vermillion's revenue now comes from its non-Canadian assets. I'm thinking of harvesting some losses on Cdn. energy stocks I hold and putting the proceeds into Vermillion shares as a way of staying in the sector in case of a recovery. Your thoughts please.
Read Answer Asked by Donald on November 12, 2018
Q: Are you aware of the underlying reason(s) Vermillion has dumped since its Oct. 25th earnings release? Some production up, some down, +280% boe US increase production helped by Powder River Basin acquisition in Wyoming but no big announcement. Your rating of VET and short term/long term outlooks would be appreciated.
Read Answer Asked by Ted on November 12, 2018