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.

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Vermilion Energy Inc. > Annnnnndddd

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Comment by stockmarket1on Apr 22, 2021 9:34pm

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RE:RE:RE:Annnnnndddd

While I love VET and plan on more buying and holding for a long time ( providing it doesn't get taken out) , I WOULD NOT say " its not the debt ". The debt VET holds is something that you should NOT ignore.
As long as WTI and Brent stay at high prices for the long term and continue to climb, then yes, VET has a fantastic chance on surviving and a much much higher share price. Plus dividend re-introduction. But as of now, they are still on shakey ground. Next weeks earnings report should tell the tale on what's in store going forward in terms of debt. We'll see much has been put towards it.