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. > Next Monday & week ahead....

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Comment by whoLuLuon Oct 05, 2021 3:56pm

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Post# 33968496

RE:RE:RE:Next Monday & week ahead....

still waiting ??

stockmarket1 wrote: Yes, I agree Nava. For sure I can see a decent pull back next week. Even if it take us below $11 ....I would only see that as a major buying opprotunity.

What you said and November earnings should be a lot better. So....it's a recipe for a much higher share price as we go into December.

navajojoe wrote:

stockmarket1 wrote: Past 2 weeks have been outstanding for VET and the sector itself. That said... With the upcoming opec meeting, any bets this sector as a whole will pull back next week? You think a lot of profit taking will occur? Gotta admit... We've had some really large gains here. . For thoughts and comments....

If OPEC hints that they might start pumping more oil, I don't see how we wouldn't see the traders taking profits. Both the oil futures and individual stocks have had big runs, lots of paper profit there.

But the basic problem of a shortage of energy of all kinds doesn't look like it will be resolved any time soon, and winter is coming. If there is a pullback, I don't see how it can be sustained. All we need is some other disruption in supply, and the roof could get blown off.

I have trimmed a few shares in some energy stocks lately, simply because I was insanely over-weight in the sector, but I haven't touched a single share of VET, and have no intention of selling any time soon. JMO