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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

Post by prestedon May 03, 2023 11:31am
199 Views
Post# 35427595

How are the mighty fallen.

How are the mighty fallen.Incredible that a company like this can be brought so low and all because of events that were completely out of their control. Governments that seek to penalize popular villains like O&G companies, knowing their electorate will support it, are still failing to put the blame where it fairly belongs; an overreliance on a source that was owned by a criminal entity, Russia.
     It is such an opportunity for long term investors, very hard on those of us who are forced to eat it. Any guesses when we will start to see turn-round?
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