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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
Comment by Sadie222on Feb 27, 2020 2:03pm
74 Views
Post# 30742424

RE:RE:RE:RE:RE:RE:RE:FYI

RE:RE:RE:RE:RE:RE:RE:FYIContext is important. The mortality rate for this virus is actually pretty low. US has already had 6,000 or more deaths as part of a normal flu season. If that doesn’t get out, people will see the (low) mortality from COVID as high-risk and worth a small panic attack. When the US numbers start climbing, so will the anxiety (and trade restrictions).

PeterWright wrote: I get what you are saying Sadie but the issue isn't the deaths but the spread of the virus and containment. Supply chains have shut down, countries have closed borders, entire communities quarantined etc, really hurts economic growth. I think the economy will have another downturn once the US starts getting an increase in cases....then we should see a lot of stimulus poured into the markets/economy. 


Bullboard Posts