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Bullboard - Stock Discussion Forum 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... see more

TSX:VET - Post Discussion

Vermilion Energy Inc. > For every 1.00 move up with Brent,,,,
View:
Post by DukesMtl on Aug 25, 2020 1:17pm

For every 1.00 move up with Brent,,,,

Vermilion makes an increase of $20,000,000/day profit!
Comment by stockmarket1 on Aug 26, 2020 4:17pm
Good point Duke... I've added the past 4-5 weeks but now I think I'm done. My cost is in the low teens and now have enough shares. I don't want to ahead of myself because then the risk increases. Until I see the debt decline somewhat..... there's still alot of risk. There's still the risk of Wti / Brent declining. A Biden presidency is a huge risk to this sector. Just my ...more  
Comment by yggdrasilll on Aug 26, 2020 10:15pm
I think it could be argued that a Biden presidency would lead to a rise in oil prices, as Biden will likely tamp down shale subsidies in favour of renewables, and he will not allow drilling in ANWR. This could dampen US production and help oil prices stabilize. I also trust a Biden administration to take proper measures against Covid in the US which could lead to a faster normalization of the ...more  
Comment by Tuco110 on Aug 27, 2020 12:50pm
I agree that a Biden administration would result in higher oil prices because also the Bernie Bros on his team will ban fracking on government land. The covid thing won't change because the actions of the federal gov, whether in Canada or the US are very limited, it's the provinces and states who have all the power over health care and treatments and restrictions.
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