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  5. VET: Can you provide current assessment and upside opportunity. [Vermilion Energy Inc.]
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Investment Q&A

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Q: Can you provide current assessment and upside opportunity. Can you list pros and cons for this company. Would you buy here, it looks extremely cheap.
Asked by Chris on January 30, 2024
5i Research Answer:

Pros are the very cheap valuation (4.4x forward earnings) and being a dividend payer with an OK dividend yield at 2.75%.  Cons would beweak performance over the last year, and minimal/negative growth forecast for the next two years. The company also stopped its dividend completely for a couple of years starting in 2020. Management also does not own a lot of shares. We would see it as an OK, not great, buy.