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 mrawesome1on Dec 07, 2019 12:02pm

246 Views

Post# 30432134

Projections for VET

I saw the powerpoint presentation forVET conference call in one of the posts in the last couple of days where the projections showed an assumption of 1.33 CDN$ to 1 USD$ for 2020 meaning a 75
cents Canadian dollar.

With the bad job numbers yesterday + the Canadian banks not doing well-- shouldn't we get interest rate cuts - lower CDN$ . Wouldn't that be positive for VET if CDN$ was ex 70cents.

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