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

Post by WheresMeGoldon May 11, 2020 8:25pm

206 Views

Post# 31014679

Shell suggests oil demand never recovers

The CFO of Royal Dutch Shell suggested the major global demand destruction for oil may never fully recover from previous highs. Shell cut its dividend for the first time since the 1940’s. This should give any energy investor or potential investor tremendous pause as it demonstrates that this downturn is horribly deep and different.

Invest accordingly. JMHO. GLTA.

https://seekingalpha.com/article/4341777-royal-dutch-shells-rds-ceo-ben-van-beurden-on-q1-2020-results-earnings-call-transcript

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