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Vero Energy Inc. (VRO) - Financial and Strategic SWOT Analysis Review

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Vero Energy Inc. (Vero Energy) is an energy company. The company undertakes exploration, development and production of oil, natural gas and natural gas liquids (NGL's). The company has its operations in Edson, Corbett, Whitecourt in the West Central Alberta, Canada. It has total proved plus probable reserve of 9,019 gross million barrels of oil equivalents (mboe). The company has a land base of over 119,000 net undeveloped acres and over 170 drilling locations. Vero Energy is headquartered in Calgary, Canada. The company focuses on growing through the drill bit along with acquisition and divestitures that strategically fit the company's expertise. Recently the company divested its deep basin natural gas assets for $209m so as to become a well capitalized company focused on the Cardium light oil.

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									        Vero Energy Inc. (VRO) - Financial and Strategic SWOT Analysis Review
        Reference Code: GDGE3020FSA                                                                                           Publication Date: AUG 2012

          Suite 900, 520 - 3rd Avenue S.W.                   Phone              +1 403 2182063                  Revenue          112.48 (million CAD)
          Calgary, AB                                        Fax                +1 403 2182064                  Net Profit       -74.92 (million CAD)
          T2P 0R3                                            Website            www.veroenergy.ca               Employees        NA
                                                                                VRO [Toronto         Stock
          Canada                                             Exchange                                           Industry         Oil & Gas
                                                                                Exchange]

       Company Overview
       Vero Energy Inc. (Vero Energy) is an energy company. The company undertakes exploration, development and production of oil,
       natural gas and natural gas liquids (NGL's). The company has its operations in Edson, Corbett, Whitecourt in the West Central
       Alberta, Canada. It has total proved plus probable reserve of 9,019 gross million barrels of oil equivalents (mboe). The company
       has a land base of over 119,000 net undeveloped acres and over 170 drilling locations. Vero Energy is headquartered in Calgary,
       Canada.


       The company focuses on growing through the drill bit along with acquisition and divestitures that strategically fit the company's
       expertise.
       Key Executives                                                                SWOT Analysis
                      Name                                 Title                      Vero Energy Inc., SWOT Analysis
         Douglas J. Bartole                  Chief Executive Officer                  Strengths                              Weaknesses
         Kenneth P. Acheson                  Director
                                                                                      Increase in Oil and Gas                Low Liquidity
         Paul R. Baay                        Chairman                                 Reserves
         Robert G. Rowley                    Director
                                                                                      Flexibility to Shift Focus on Oil
         Clinton T. Broughton                Director                                 Drilling
        Source: Annual Report, Company Website, Primary and Secondary
        Research, GlobalData
                                                                                      Opportunities                          Threats
       Share Data
         Vero Energy Inc.                                                             Entry into Canadian Shale Gas Intense Competition
                                                                                      Plays
        Share Price (CAD) as on 02-Aug-                                  1.77                                       Stringent Regulations
        2012                                                                          Strategic Acquisitions
        EPS (CAD)                                                       -1.53
        Market Cap (million CAD)                                           91        Source: Annual Report, Company Website, Primary and Secondary Research,
                                                                                     GlobalData
        Enterprise Value (million CAD)                                   273
        Shares Outstanding (million)                                       49
       Source: Annual Report, Company Website, Primary and Secondary
       Research, GlobalData

       Financial Performance                                                         Recent Developments
                                                                                      May 14, 2012         Vero Energy Reports Revenue Of CAD16.1m
                                                                                                           In Q1 2012
                                                                                      Apr 10, 2012         Vero Energy Provides Q1 2012 Operations
                                                                                                           Update
                                                                                      Mar 12, 2012         Vero Energy Provides Operations Update
                                                                                      Mar 12, 2012         Vero Energy Reports Revenue Of CAD112.5m
                                                                                                           In 2011
                                                                                     Source: Annual Report, Company Website, Primary and Secondary Research,
                                                                                     GlobalData

       Source: Annual Report, Company Website, Primary and Secondary
       Research, GlobalData




Vero Energy Inc. (VRO) - Financial and Strategic SWOT Analysis                                                                  Reference Code: GDGE3020FSA
Review
Source : www.globalcompanyintelligence.com                                                                                                                     Page 1
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
       Table of Contents
       Table of Contents ............................................................................................................................................................................... 2
          List of Tables .................................................................................................................................................................................. 3
          List of Figures ................................................................................................................................................................................. 3
       Section 1 - About the Company.......................................................................................................................................................... 4
       Vero Energy Inc. - Key Facts.............................................................................................................................................................. 4
       Vero Energy Inc. - Key Employees ..................................................................................................................................................... 5
       Vero Energy Inc. - Key Employee Biographies................................................................................................................................... 6
       Vero Energy Inc. - Major Products and Services ................................................................................................................................ 7
       Vero Energy Inc. - Key Operational Summary.................................................................................................................................... 8
       Vero Energy Inc. - History .................................................................................................................................................................. 9
       Vero Energy Inc. - Company Statement ........................................................................................................................................... 10
       Vero Energy Inc. - Locations And Subsidiaries ................................................................................................................................ 11
          Head Office ................................................................................................................................................................................... 11
       Section 2 – Company Analysis ......................................................................................................................................................... 12
       Vero Energy Inc. - Business Description .......................................................................................................................................... 12
       Vero Energy Inc. - Corporate Strategy ............................................................................................................................................. 13
       Vero Energy Inc. - SWOT Analysis .................................................................................................................................................. 14
          SWOT Analysis - Overview........................................................................................................................................................... 14
          Vero Energy Inc. - Strengths......................................................................................................................................................... 14
             Strength - Increase in Oil and Gas Reserves ............................................................................................................................ 14
             Strength - Flexibility to Shift Focus on Oil Drilling...................................................................................................................... 14
             Strength - Improvement in Operational Efficiency ..................................................................................................................... 14
          Vero Energy Inc. - Weaknesses ................................................................................................................................................... 14
             Weakness - Low Liquidity.......................................................................................................................................................... 14
          Vero Energy Inc. - Opportunities ................................................................................................................................................... 15
             Opportunity - Entry into Canadian Shale Gas Plays .................................................................................................................. 15
             Opportunity - Strategic Acquisitions .......................................................................................................................................... 15
          Vero Energy Inc. - Threats ............................................................................................................................................................ 15
             Threat - Intense Competition ..................................................................................................................................................... 15
             Threat - Stringent Regulations .................................................................................................................................................. 15
             Threat - Volatility in oil and gas markets.................................................................................................................................... 15
       Vero Energy Inc. - Key Competitors ................................................................................................................................................. 16
       Section 3 – Company Financial Ratios ............................................................................................................................................. 17
       Financial Ratios - Capital Market Ratios........................................................................................................................................... 17
       Financial Ratios - Annual Ratios ...................................................................................................................................................... 17
   
								
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