Vermilion Energy Inc. (VET)

[Scotttrader80]

I doubt it, this virus has shut down or will shut down global commerce. Think about Walmart and how many products they import from China. Chinas shipping industry is halting, exports, NO. The US's supply of all paper products comes from China, Toilet paper, paper towels, tissues, wipey wipes.

How many items does Canada import from China? With less of a demand for bunker fuel or any type of fossil fuel, demand will be down. This virus is closing down schools public venues isolating people to go inside. Hmmmm maybe instacart, are they public? HOME delivery will become popular. If everyone self quarantines what do they eat?

Scary times ahead, every industry I can think of will be affected.
Companies paying dividends have to preserve themselves first.

Vermillion is no different. I expect dividend cuts from every payer and elimination from weaker players.