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. > $ 38.25

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Comment by stockmarket1on Aug 25, 2022 3:31pm

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Post# 34920661

RE:$ 38.25

As today's trading day comes to an end. We can certainly see profit taking occur as the shares decine from it's high.

Tomorrow ( Friday), could very well be the day that we see VET in the red. But that's ok. I would like it to cool off and create a new support level before it take the next swing up which would be past $40.

Where that support level is would anyone's guess. $30 level maybe??? Either way, I'm more than ready to add shares much lower than todays price. Thoughts?

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