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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 Freefall222on Mar 10, 2020 12:22pm
149 Views
Post# 30788868

RE:RE:RE:I Truly Hope This is Not Another Crescent Point All Over....

RE:RE:RE:I Truly Hope This is Not Another Crescent Point All Over....Same thoughts as me! My problem with Vermillion is they are going to have to cut their dividend and I'm afraid it will go to $3. So I'm waiting to see the bottom. I also bought at $19 range and kicking myself for not selling at $16 two weeks ago, Anyways selling my stocks and putting into something more stable will never get my losses back. So I'm going to sit on my money for a few days and see if the market still bottoms. If it does I will buy back in, maybe not vermillion but another smaller guy and not look at my account after that for 6 to 9 months until the carnage is truly over.

i have ARX, I'm happier with them but they are dropping today quite a bit too. I wonder who is really the safest oil and gas stock right now. I would say Suncor or CNRL but the price point is too high for me to make really big gains when it rebounds.
Bullboard Posts