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Vermilion Energy Inc. T.VET

Alternate Symbol(s):  VET

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.


TSX:VET - Post by User

Post by whoLuLuon Sep 18, 2021 1:09pm
151 Views
Post# 33883289

VET - technical

VET - technical

Vermilion Energy Set For Upside Momentum? Technically Speaking by Dwight Galusha

 

Vermilion Energy Inc. (TSX:VET) stock has a bullish technical setup

Dwight Galusha | September 14, 2021 | SmallCapPower: Vermilion Energy Inc. (TSX:VET) is attempting to push higher from the apex of a falling wedge continuation pattern that is setting up off a major horizontal support/resistance line while the weekly PPO momentum indicator starts to curl higher off the zero. This technical setup is bullish and suggests upside momentum to follow.

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Vermilion Energy is an international energy producer creating value through the acquisition, exploration, development and optimization of producing properties in North America, Europe and Australia.

The Company is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canada and the United States, the exploration and development of natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia.

Vermilion recently announced that its second-quarter 2021 fund flows from operations increased 7% quarter over quarter to $173 million.

Dwight Galusha is a Chartered Market Technician (CMT) whose work can be found at www.SetYourStop.com

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