Buy Vermilion Energy As Its 3Q 2022 International Results Will Be Strong

SM Investor
2.86K Followers

Summary

  • Due to the energy crisis in European countries, VET’s international FFO in 2Q 2022 was higher than its North America FFO.
  • As EU natural gas prices jumped in 3Q 2022, I expect VET’s third-quarter financial results to be strong.
  • The leverage ratios of Vermilion Energy indicate its ability to meet its current and future obligations.
  • The stock is a strong buy.
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onurdongel

Vermilion Energy's (NYSE:VET) stock price increased by 15% in the past six months. However, according to the company’s financial results in 2Q 2022, my expectation about its 3Q 2022 results, and the energy market outlook, the stock is still undervalued. The company’s international sales in the

This article was written by

2.86K Followers
SM Investor focuses on medium to long-term investments, analyzing companies' financial metrics such as cash flow, growth, and valuation. As financial analysts with real market education and experience, we cover diversified portfolios including growth and value equities, and dividend stocks (including REITs and RICs). Our approach involves using diversified value investing strategies to identify profitable companies with strong financials and low risks at bargain prices.SM Investor collaborates with Morteza Moradi, who holds a Master's degree in Economics and has more than 10 years of experience writing data-driven analytical and investing content.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of VET either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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