Vermilion Energy Inc. T.VET

Can VET hit $20 by fall?

[gribbs2]

Im looking at leap options for 6 to 12 months out ...

in the money $7 - $9 calls....

[Mcburnz]

I'm in the 7.50s for june ....looking for 14 ish hopefully next month.

[lashing]

VET was trading in the 20's when oil was lower pre pandemic. Of course there was a dividend premium attacked to the stock for years too. They wont be reinstating those rates of dividends anytime soon. I doubt at all this year. Still, with the cash machine operations at current and the debt writedowns I expect to see Monday, VET could in fact double ....in short order. Look at CPG for example

[Oldnagger]

Vet has millions of undeveloped acres throughout Europe with huge nat gas potential. Nat gas in Europe is headed towards at least coal equivalent pricing and most likely towards crude pricing longer term .  Hopefully, Vet will use a large portion of their cash flow to further develop this potential . Good for the environment and good for our pocket books !!

[gribbs2]

July Calls could be a big payout... US recovery will be in full swing during may and june... https://www.barchart.com/stocks/quotes/VET.TO/options?expiration=2021-07-16-m