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. > Why is Vet badly lagging the price of WTI

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Comment by gold_diggers1on Jun 09, 2021 11:21am

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Post# 33355040

RE:RE:Why is Vet badly lagging the price of WTI

I agree Stockmarket1. The way things going... I would be happy to see $15, not even $20.
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Unless of course.... Anon is buying up shares being offered day in day out which seems to be NOT the case here.... from what I have been posting in House Positions.
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GLTA
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stockmarket1 wrote: The past is the past. Doesn't matter tbh. We're in a different atmosphere now for this company and sector. As for seeing $30 ever again? Highly doubt we'll see VET at $30 tbh.

If it's struggling to stay above $10 and can't surge above $11+ with WTI & Brent above $70....how are we going to see $30? Not a chance!

WTI and Brent would have to touch $100 for a very extended period of time , drilling production would have to increae a lot from todays numbers ---BOE increasing, mass debt reduction and a healthy dividend reinstatement. Maybe then, we'll see $30 +. A bid for the company would do it too imo. Those scenarios ---- we could very well see $30+. But imho....i doubt it. Close to $20 would be my guess....and that's already a struggle. WTI and Brent are already close to untra highs so.....