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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 JoeDevon Jul 23, 2021 8:18pm
130 Views
Post# 33600125

RE:RE:RE:RE:Last couple of weeks with Vet...

RE:RE:RE:RE:Last couple of weeks with Vet... Thanks for sharing that bro. It does help to hear I'm not alone . Many of us I guess. I just hope this thing can find its bottom again. Oil went past 76.00 and it still went down from its high. I talked to someone at VET he said they fell out of favor when they cut the dividend to pay down debt. He also said they get 15. Bucks for the Nat gas in Europe and get a premium on their Brent like oil. I thought he said. He said all their Hedges expired for the remainder of the year too. So if oil stays up they should have 2 good quarters for the end of 21. Then he said they were hoping to start the dividend again. I'm hopeful. Just need patience I guess.
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