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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 emmitton Sep 06, 2019 8:55am
131 Views
Post# 30101506

RE:Oil Price

RE:Oil PriceBe careful with any Forex assumptions when investing in Oil and gas. There is no guarantee that the US is going to reduce rates. If a China deal gets done there will be no interest rate cuts! Oil prices and US dollar correlation has had a disconnect lately as well. The US dollar has been extremely strong the last few years but it hasn't effected the oil prices like it would have in the past.  Russia and China have started plans to stop using the dollar for international trade.  
Pick strong companies and don't make it a forex play. 
Bullboard Posts