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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 Apr 15, 2020 10:39am
169 Views
Post# 30911520

EIA numbers look incredibly bearish for oil

EIA numbers look incredibly bearish for oilCrude inventory increased by over 19 million barrels week-over-week. That is incredible!!! And diesel inventories are up much more than expected as I told you it would. 

I have been 100% spot on with inventories and the ramifications of OPEC+. So don’t doubt me now when I continue to tell you crude has much further to fall as global storage capacity is breached within the next 2 months. 

VET is incredibly vulnerable in this environment. JMHO. GLTA. 

https://www.google.com/amp/s/www.fxstreet.com/amp/news/eia-us-crude-oil-stocks-change-192-million-barrels-in-week-ending-apr-10-202004151433
Bullboard Posts