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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
Comment by himmleron Dec 12, 2018 3:59pm
170 Views
Post# 29105601

RE:RE:RE:revised price by banks

RE:RE:RE:revised price by banksThese analysts are projecting their concensus a year out..many people forget that..as for Acker and the like,of course it could reach mid 20's.But I say so what?Painfull as it is to look at the shareprice , a year is a long time.This company is getting hit with tax loss selling..its all too clear.So my point is this : if one day trades this and is shorting it,you"ve done evry well indeed.But to the ones not shorting its a matter of coming back next year and taking a second look at the shareprice.The chances are very good it will be back up.This year was terrible for all oilco's...even the US ones.the clowns that are critical of Canadian oilco's are right to a point but ,but forget to look in their own backyard..American oilcos arent much better.They may not have dropped as much% wise but no money was made for the year.
With VET,the dividend is safe for a couple years,so we just have to wait..as painfull as that may seem. I always saw VET as being extremely volitile..to the upside as well as the down.Thats the only problem I see with it.
Bullboard Posts