Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

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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Post by Rosmorducon Oct 31, 2019 1:01pm

174 Views

Post# 30292743

Institutions have bailed on Canadian Oil and Gas

and aren't coming back.

Whoever is left (the Nuttall's & the the Bow-Tie-Man's of the world) are getting decimated and they will soon leave to once they run out of money.

These stocks have another 30-40% downside to go and 80% will no longer be around come 2021.

Good luck for those who are still dreaming. Keep collecting those dividends while your behinds are handed to you.

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