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 Spicoli420on Aug 15, 2019 11:14am

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Post# 30031697

RE:RE:RE:ncib

When I spoke to IR a couple of weeks ago, they said an institution was selling 4 million shares. This was the start of the brutal decline. The small share float compared to other O&G companies is good sometimes but can also be bad when a sell order for 2.6% of the outstanding shares hits the market. The volume has slowed down now. I believe the price will slowly start to recover.

The only thing Trump has going for him is the economy. He knows he has to get a deal done with China to ease the economic worries if he has any chance of winning in 2020.

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