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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

Comment by Moemoney42on Jan 22, 2021 2:57pm
169 Views
Post# 32361319

RE:Why....

RE:Why....Well let me see...
Oil is down, Covid rates are up and lockdowns are getting the headlines & bad press makes it a reason for some to trim their holdings.. so you have a sector sell off.. not just VET related..Here's the bad press:

 

Globe says Vermilion Energy lowered to "sector perform"

2021-01-20 08:11 ET - In the News

The Globe and Mail reports in its Wednesday, Jan. 20, edition that ATB Capital analyst Patrick O'Rourke lowered his ranking for Vermilion Energy to "sector perform" from "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. O'Rourke also cut his share target by a loonie to $8.50


RevT79 wrote: Why are we down 5% again....
this is becoming to be ridiculous!
shorts (the big banks )are using our money to destroy the small investors investments!!



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