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.

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Comment by splurgeon Jul 24, 2019 4:50pm

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Post# 29956539

RE:RE:RE:Vet

I also sold 3000 average $26.60 today taking some profits but still hold some and trade some. I think it could perform well on drill bit news as they have a lot going on exploration wise. If it dips again to approach new lows I probably would add again all things being equal. Seasonally weak period in Europe andd gas in Canada and US oil production maybe turn flat to down which would allow for more inventory draws. Legacy oil declines are really high and productivity report by EIA in drilling regions does not impress me like before. New production not rising like before. Splurge

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