Friday, January 24, 2020

New purchase : Vermilion Energy Inc.

New position in portfolio started : Vermilion Energy Inc. (TSE:VET).

Vermilion Energy Inc is a Canada-based international energy company, which focuses on conventional and semi-conventional exploration and development projects. Its primarily interested in light oil and liquids-rich natural gas. The Company manages the acquisition, exploration, development and optimization of producing properties in North America (Canada and USA), Europe (France, Holland, Germany, Ireland, Croatia, Hungary, Slovakia) and Australia.

Vermilion Energy Inc. pays dividend monthly and my initial yield on cost is at 13.30%. Yield is really high as the company stock price has been going down lately.

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