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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

Comment by Oldnaggeron May 17, 2021 4:06pm
139 Views
Post# 33215887

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why VET still under $10?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why VET still under $10?VET is a bit of a mystery, on one hand investors are worried about the debt, on the other hand bankers are not. VET is fully margineable at a 30% rate. Other investors want a dividend, that is probably a good idea as dividend funds require it Some refuse to invest in Canadian cos in spite of their stellar ESG ratings in the sector. Many others just want to play the company up and down repeatedly.
my advice to everyone is to figure out why you are here and to be content with that. If you are only here to settle past scores, then I have good news for you , You probably will if the Cardiologist doesn't get their first !!
Personally ,I am here for one simple reason and that is to make money, Seeing that I am not smarter  than everyone else, my only weapon is patience. But I watch the bottom line and not the stock charts.
Fortunately , with returns over 30 %, it is very hard to go wrong.
P.S. European nat gas prices are already going through the roof and things are only getting better elsewhere.
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