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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 Pandoraon Dec 02, 2023 4:48pm
148 Views
Post# 35765399

RE:RE:RE:RE:Vermilion, rumoured sale

RE:RE:RE:RE:Vermilion, rumoured sale
Quintessential1 wrote: What is your opinion.

Mine is VET is the better buy.

GLTY and all


Pandora wrote:
So knowing what we know about the two companies which would be the better bet right now?

500 shares of T.VET or 11,000 shares of V.CEI?

Not asking for investment advice -- just wondering what opinions are saying.




For some reason I always tend to lean toward quantity as opposed to quality but maybe that's because when it comes to dollars I don't have a big quantity. :-))

So I was just looking at the amount VET has bought into CEI and what influence that might have on the future for CEI.

11,000 shares of CEI being equivalent to 500 shares of VET at today's prices makes me wonder if a double is more likely at 77 cents? I guess that's a simple arithmetic approach but it always hits my mind in looking at things.

11,000 X $1.54 = $16,940 or 500 X $33.88 = $16,940

Which one is more likely to occur? i.e. how much is the building VET interest in CEI going to influence CEI's price or vice-versa?

As well having 11,000 of something always seems to suggest to me that it gives me a little more flexibilty than having 500. Maybe just ignoring the quantity of shares and just dwelling on the dollar amount makes more sense --- from a quality point of view??

Simplistic approach but I always dwell on it. Probably why I have too many small caps in a rough market.
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