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. > This should be at 12$

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Comment by Oldnaggeron Apr 18, 2021 5:00am

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Post# 33018376

RE:RE:RE:RE:RE:This should be at 12$

I am still trying to figure out what it is that determines share prices.According to investment theory, the share price should be the net present value of all future payouts discounted at a rate that is consistent with risk.
For VET a 6$ share price woiuld equate to a discount rate of well over 40 %, meaning that bankruptcy in the near future is highly likely. Utter Foolishness IMHO.
This is but one more reason, why serious investors should never let themselves be influenced by the roar of the maddening crowd. Not only for VET but even more particularly all those shares of companies that are soaring based on nothing more than jingoism .
Investors owe it to themselves and to society to place their investments in such a manner as to encourage the development of the common good. That does not preclude petroleum companies, since their products are essential until such time as a replacement is found. The time frame needed to replace Petroleum is surely much longer than the few years that outlandish discount rates that the market has given to Oil Company share prices would imply.
I firmly believe that the modern media and particularly social media are doing tremendous harm not only to investors but also as we have witnessed to social order.I fully believe in freedom of speech but the problem is that it leaves others with a tremendous burden to counter the more egregious statements and info being posted !!
Honesty , thoughtfulness and courage are now commodities that are dearly required in order that society may safely traverse these modern dark ages !!!