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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 silverbabyon Aug 24, 2019 11:51am
121 Views
Post# 30061997

RE:Silverbaby

RE:SilverbabyExactly. It seems nowadays there are not as many buy and hold investors as there used to be. For those who say it doesn’t work, look at one of the richest men in the world, Warren Buffet. I have a number of stocks that were purchased for me by my parents 30 years ago such as BCE, CIBC, BMO to name a few. I didn’t sell a single share during the 08-09 crash, I simply collected my dividends and waited for a recovery. To calm myself I looked at what happened during the Great Depression when the market fell 90%. The big banks still continued to pay their dividends. I understand that if you are older you may need to sell some of your stocks, but at my age I’m happy to keep collecting dividends.
Bullboard Posts