Vermilion Energy Inc. T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.

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Vermilion Energy Inc. > I'm out and dumped all shares

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Comment by Moemoney42on Dec 02, 2020 11:33am

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Post# 32018037

RE:RE:RE:RE:I'm out and dumped all shares

Got to admit Trican chart is looking like a strong base was built and a good trend is in place... don't think you can go wrong with that trade long term..?

Moemoney42 wrote: That's exactly why I'm staying.. the Nat Gas assets are what will maintain cash flow while oil (WTI) gets back to over $50 and when it does this company will be a cash cow to milk.. as are many others with a relatively good balance sheet at $50 WTI

EstevanOutsider wrote: Go ahead. I added MEG and Trican with the proceeds. I hope Vermilion recovers but I have very little faith in the management and think the company is under poor guidance. If we ever see meaningful insider buying or deleveraging by asset sales in Europe, I might be interested again.