Bullboard - Stock Discussion Forum 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... see more

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TSX:VET - Post Discussion

Vermilion Energy Inc. > reason for the drop

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Post by Aurum1983 on Nov 10, 2021 4:05pm

reason for the drop

I've been observing this for awhile. initiated a small position today.

Can someone explain what triggered the drop today? Frankly I am not entirely sure.

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Comment by Relaxrelax on Nov 10, 2021 4:34pm

Many reasons but they were expected to show a profit of .38 and had a loss of .91. It really was just a bad earnings report, Wyoming, hedges, just hard to get excited when there's so many better plays out there. Plus Natural gas didn't have a great day to add to it. Arx, Tourmaline, CNQ, and even Nuvista who had a big beat were all down.

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Vermilion Energy Inc.