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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 GregC24on Feb 04, 2023 1:48pm
239 Views
Post# 35266917

RE:RE:RE:RE:RE:RE:Hard to keep the faith

RE:RE:RE:RE:RE:RE:Hard to keep the faith
Citizen13 wrote: Poor guy , you seem part of the woke dummies who talk to me everyday at the pumps about how the energy companies are gouging us .  Not a clue in the world about how the system works . I dont LOL about you, I think it's sad there are so many ignoramuses on the planet. Energy struggles ? Whose fault is that  ?  Get a clue.


GregC24 wrote:
Citizen13 wrote:
They have to report everything . 50% of people will be offended by them reporting and 50% for not reporting . Have you noticed COVID has made people a lot more on edge and whinging about everything ? I have . It's disturbing .  I had a customer try to cancel my life because of something he perceived to be disparaging of his equipment. I laughed so hard I cried because of how thin skinned people have become. Anyways, end of rant. I'm now 100% out of Vermillion because you go where they are investor friendly. The EU and UK  will pay a price eventually for their stupid short sighted moves and I want no part of giving what should be my money and your money to a woke socilaist society.  They can go forth and F  themselves. 


Abedim15 wrote:

Just to be clear, I'm not panicking- I'm still here but to suggest that a stock drops by about 50% ( from almost $40 Cdn to under $20) in about 6 months is a bot/ oil & gas swing thing is disingenuous. 

I'm glad they know how to produce oil and gas because there is no denying that their PR needs some rethinking. Their chicken little move in December announcing the need to pause buy backs and rethink dividend increases because of the uncertainty of windfall taxes gave the impression that the sky may indeed be falling. They did not owe the market any comment. They had said that approval was granted for 10% buy back over the year and that the dividend amount was tied to debt reduction. They hadn't committed to a specific number in December or January. They could have paused buy backs and not said anything while they waited to figure out what's what. Simply saying, well it's a bit of a shxt show dealing with the EU but we'll figure this out. It's going to cost us but the sky is not falling.

so now they say we'll things aren't that bad so we're going to proceed with the buy backs etc. Too late though, the damage is done. PR 101. 




Whining about whining.  Followed by whining about governments and society and how they are unable to profit enough off of people's energy struggles.  Lol


More whining.  Perhaps try an investment in a cheese company instead.   As a past and likely future investor in vet I understand how it works.  Funny that you continue to whine about how the system is actually working, just not how you want it to.  Perhaps you are the one who needs to understand?

You don't seem to realize you are the same as those you whine about.  You want to whine about others whining.  You want your full cut of the profits.  You did nothing to earn them, you just want them.  Just like the government.  And then, when you couldn't get a cut of the profits to the size you think you deserve, you left because you don't want any part of the downside.  Just like the government.  You wanted to profit from a situation you had nothing to do with.  And the market caught you out.  It happens.  It is "how the system works" sometimes.

Good luck in your travels and future attempts to "win the internet".  Hopefully you find some happiness.   And some cheese.  
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