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.

Bullboard Posts

Comment by WheresMeGoldon Feb 19, 2020 7:02am

79 Views

Post# 30706868

RE:RE:RE:Now Japan energy usage will be significantly reduced

hyperionx, your glasses are so rosy it’s caused you to suffer from a horrible case of circular reasoning. And perhaps you should be quarantined because it seems to have spread to a lot of people on this board...LOL!!!

But in a seriousness, if you think owning an oil and gas company when consumption of oil and gas is down significantly is an example of diversification then you’re simply starting with a premise and doing everything you can to then find it. That’s a recipe for investment loss. And with stock price losses dwarfing its unsustainable dividend that’s what VET has offered. Just look at the chart (scoreboard). JMHO. GLTA.

hyperionx wrote:

WheresMeGold wrote: Yep, Soth Korea is not far behind.

https://www.google.com/amp/s/news.yahoo.com/amphtml/south-korea-coronavirus-cases-jump-half-015132613.html

WheresMeGold wrote: The deflationary forces of coronavirus continue to get worse and is now spreading to Japan as travel and commerce will be reduced significantly there as well. And BTW, South Korea is not far behind. Singapore and Hong Kong are already well along their way as well.

Here’s a notable quote from the article:

Japan appears "on the cusp of a large outbreak and maybe epidemic growth," former U.S. Food and Drug Administration Commissioner Scott Gottlieb told CNBC on Tuesday. The country's patient count has doubled in four days, he said.

https://asia.nikkei.com/Spotlight/Coronavirus/Thousands-work-from-home-as-Sony-and-Takeda-join-telework

That is a good point WheresMeMind, as things get worse, I want to be in a very diversified investment ..and that is exactly what Vet is. they are getting inbedded with Ng supplies through Europe and into the old eastern block. This could be a huge future opportunity. Vet is not held hostage to Canadian pipeline issues with all assetts.. they are everywhere... in the US and Australia also. With the sweet div you would have to be a moran to not buy in.