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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 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

Bullboard Posts
Post by WheresMeGoldon Feb 27, 2020 10:17am
111 Views
Post# 30740422

I am going to back off on coronavirus concerns

I am going to back off on coronavirus concernsFor weeks I have been aggressively cautioning people on this board of the devastating effects coronavirus would have on human and financial levels. I warned of the disruption it would have on global commerce and travel. I emphasized the deflationary effects it would have on commodities, particularly oil. And I made it perfectly clear that VET was especially vulnerable because it had huge obstacles and issues before coronavirus. 

I did this even even though I was consistently ridiculed and mocked because it was worth getting the message out. At this point there is no reason for me to emphasize the devastating effects of coronavirus as it has largely played out. There’s no reason to pile on. 

However, there are many systemic issues with VET outside of coronavirus that still isn’t recognized fully even though the stock price is screaming there’s a serious problem with VET remaining a going concern. I will still express my thoughts and opinions on these matters.

JMHO. GLTA. 
Bullboard Posts