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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. > Why is it doing sooo badly?
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Comment by Christian1on Dec 07, 2023 2:23pm
169 Views
Post# 35773549

RE:RE:RE:Why is it doing sooo badly?

RE:RE:RE:Why is it doing sooo badly?The windfall tax was placed equally on profits above average percentage revenues. BP and Shell obviously made more Shell made 339 B and BP is at 227B  Vet is at 1.7B. Their windfall taxes are much lower considering that they all have international operations. 
It is not my business plan that has VET down 26% while BP is up .89% and Shell is up 4.96% Nor is it my business plan that they give 4% and 4.87% dividends.
I do not need your permission to sell. Everyone is selling and you back up the company as if you were making a big bonus for it. Open your eyes and find a solution instead of defending a company that does not retribute the shareholders.

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