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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

Bullboard Posts
Post by ValueSpotteron Jul 30, 2018 11:53pm
210 Views
Post# 28389247

VET is a unique trade

VET is a unique tradeRemember how Talisman traded back in the glory days? On the upswing it traded within that upswing +/- 10% every few months. Now look at VET. There have been a number of recent 10% quartely swings. When I owned Talisman stock I watched these 10% swings vowing to find the next Talisman mimic. VET in my humble opinion fits the bill perfectly. I have a position that I do not trade. But I also wait until the predictable drop then I buy about 50k. Which I did today. If it drops another few percentage points more I will buy another 50k. Then I will sell out when it rebounds to 49 to 49.50. If it doesn't hit 49 for a year, that is ok because I collect my 6% dividend plus my 10% capital gain. But... it will rebound... it always does. If you can trade this 4 times per year and get 10% each trade... well... plug that into your compound interest calculator. I will give you a hint... your returns are greater than 40%. I am not suggesting that you follow my lead. I could be some oddball loser who makes stuff up to sound intelligent. Or... not... If you believe that latter take a long hard look at MPVD. VS
Bullboard Posts