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. > Against my Better Judgement…..

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Comment by Chandler97on Jun 07, 2022 10:59am

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Post# 34736961

RE:Against my Better Judgement…..

Ugh. I unload 1600 shares and we get a $1.45 uptick.

Maybe I should have some some earlier?? So typical.

Chandler97 wrote:

I sold 1600 VET shares this morning. I did get $29.70 for them, so at least I feel like I did well, compared to where they have been he last two months.

Why? This weekend I visited Scotiabank. I have my mortgage through them. Even though the equity in my home is likely somewhere around $1.3M, and I have no debt, the effing bank wouldn't give me a line of credit without 1. Fully refinancing and 2. doing a full forensic audit on me.

context: I am finishing off a large renovation and needed another $50k to put it to bed.

And don't worry, I still have a load of VET left....but I am extremely frustrated with our BS banks.