Vermillion: Is It Thr Bottom For One of Canada's Most Geographically Diverse Energy Names?

The company and others have been touting the stability of Vermillion's dividend, one of the highest yields in the industry (15.9%) signaling distress.  

It has among other Euripean exposure and is not beholden to Albeta like others.  

Has it reached an inflection point this week? Yes, but if the recession is on the horizon and with Aramco's IPO scheduled soaking up a lot of equity, there could be continued weakness or at nest "flatlining" during this time. 

As juicy as this dividend is the risks of a dividend cut are high.  Mayne not in the next two quarters but within the year .