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. > France Mulls Extending Windfall Tax On Oil And Power Giants

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Comment by Quintessential1on Oct 13, 2023 4:58pm

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Post# 35683031

RE:RE:France Mulls Extending Windfall Tax On Oil And Power Giants

O&G are pretty easy pickings in France these days.

We can be thankful that in Canada they decided to WFT the banks instead of O&G although it looks like they could use some relief right about now. It looks like they have the grocers in their sights atm but O&G in Canada has built in royalty to price increases and are contributing nicely so they probably won't revisit those.

VET doesn't need $100 oil to hit $30 and the economy could do without the inflationary hit too.
$80-$90 oil will get VET there soon enough.

GLTY and all

Paray99 wrote:
When politicians fail a country, that is what they offer!
if we elect idiots, that is how things work.... why no windfall tax on everything else that makes record profits with our much needed essentials?

oil to hit $100 and VET to hit $30 soon....