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Bullboard - Stock Discussion Forum 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... see more

TSX:VET - Post Discussion

Vermilion Energy Inc. > Why is Vet badly lagging the price of WTI
View:
Post by papineau on Jun 09, 2021 7:45am

Why is Vet badly lagging the price of WTI

What was the share price of VET the last time WTI was $70? 
All replies welcome 
Will it ever see my break even price of $30 again?
Comment by stockmarket1 on Jun 09, 2021 11:13am
The past is the past. Doesn't matter tbh. We're in a different atmosphere now for this company and sector. As for seeing $30 ever again? Highly doubt we'll see VET at $30 tbh.  If it's struggling to stay above $10 and can't surge above $11+ with WTI & Brent above $70....how are we going to see $30? Not a chance!  WTI and Brent would have to touch $100 for a very ...more  
Comment by gold_diggers1 on Jun 09, 2021 11:21am
I agree Stockmarket1.  The way things going... I would be happy to see $15, not even $20. . Unless of course.... Anon is buying up shares being offered day in day out which seems to be NOT the case here.... from what I have been posting in House Positions. . GLTA .
Comment by stockmarket1 on Jun 09, 2021 12:00pm
I agree actually $15 instead of $20. At this point, I'm on the high side of unloading everything I have in VET if the share price gets between $15 - $20. I really don't ---or can't see VET hitting north of $20.  I mean, VET is  NO suncor or CNQ. Lets be honest.  At that pt...I'll reasses. Right now, I'm leaning towards more steady income companies such as ...more  
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