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 DukesMtlon Mar 08, 2020 9:52pm

150 Views

Post# 30781642

RE:I think Covid will wreak havoc on the economy and oil

VET's oil & gas are 70% heged at much higher prices. The exact numbers are available on their website. Nice to know that they are buffered from these swings in prices.

Russia will have no choice but to play ball with OPEC and join the cuts. Saudi doesn't want low oil prices.

This is nothing more than a warning shot across Russia's bow.

Bullboard Posts

Rich TV Live's Stocks to Watch this week (Nov. 22, 2024)