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

Bullboard Posts

Comment by shakkaon Feb 14, 2020 9:35am

74 Views

Post# 30690685

RE:RE:Anthony M

The asset diversification is what people forget. This isnt a CDN oil company. 50% of the CF is generated from outside NA.

I didnt know that the Australian asset generates a + $20 premium to Brent. That is nuts.

Also, seems WTI has formed a decent base around $50 and Brent at $55. If we get the OPEC+ cuts and Corona #'s start to come down, we should see WTI and Brent move back to the levels we saw in early Jan. Plus summer driving season is around the corner.

Hold or add to your position if you can. All other sectors are at all time highs with very little room to move higher. Oil is still lagging big time and I think will have the best potential for upside.

Shak

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