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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

Comment by stockmarket1on Nov 14, 2022 4:57pm
147 Views
Post# 35097969

RE:RE:RE:RE:RE:Commodities price swings

RE:RE:RE:RE:RE:Commodities price swingsBut there are a few posters on yahoo who feel vet may trade well below $20 Canadian. Although, their opinion and only theirs and the way this is currently trading, and, with the uncertainty surrounding the oil and gas sector right now in general, they might be correct.
Oldnagger wrote: Agreed with both of your points on the windfall taxes , and the contrived commodity markets and the ridiculous proposed taxes on buy backs etc.
Yet underneath all this VET continues to remain strong and as debt gets paid down and costly hedges disappear then there will come a time when VET starts to throw mountains of cash at us.
So for me this is an incredible opportunity to amass shares at very reasonable prices. I may be wrong, but I think the odds are certainly very much in my favour !!


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