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.

TSX:VET - Post by User

Vermilion Energy Inc. > Sub $11 on its way

<< Previous

Bullboard Posts

Next >>

Comment by Quintessential1on Nov 18, 2021 4:37pm

87 Views

Post# 34142826

RE:RE:RE:RE:Sub $11 on its way

So if you earn money and then buy property and pay down debt you didn't really earn money or have to pay tax on it? Is that how it works?

So I can earn money buy a plot of land and pay off my mortgage tax free? Cool!

geemonet wrote:
They didn't REALY REALY lose money last quarter... they just had to sell some gas (at a profit) for less than market price. So it looks like a loss but it's not really. It's just less than if they would have been able to sell for market price.

they bought property and paid down debt. That ain't losing money, that's just not making as much as they could have.

<< Previous

Bullboard Posts

Next >>

How a junior advances one of the largest undeveloped diamond projects