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 Apr 17, 2020 7:20am

142 Views

Post# 30920525

RE:RE:wti @ 26....

Below is a perfect example of VET cheerleaders only viewing information in a way that confirms their favorable bias on VET. When WTI is doing poorly we hear from the cheerleaders that VET’s WTI exposure is very limited. Now when the cheerleaders THINK WTI spiked from $19 to $26 overnight they tout VET’s large WTI exposure.

The fact is WTI did not spike up last night. It’s all about contango and quotes switching from May to June prices. The WTI price for May is actually down $1 overnight.

https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html

cleareye wrote: According to their most recent information cicular, their revenue streams have a 44% exposure to wti, and about 1/3 each to Brent. and an Australian equivalent.

So, we may see this downtrend reversed.

The US economy is reopening.