Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas Integrated

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

Vermilion Energy Inc

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Comment by dinkdestroyeron Aug 13, 2019 11:12am

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Post# 30021987

RE:CIBC, Morgan Stanley & Goldman Sachs

These markets are very illiquid. They use algorithms to push the price where they want it. At some point the sell program ends, and they cover/go long and run it in the other direction.
Volume is very low in all markets in August, so the short energy sell program can have a bif effect on the share prices. Energy is very shorted, so at some point a recovery will happen.
Hard to say if today is the beginning.

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