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.

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Vermilion Energy Inc > Possible target for the interim bottom

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Post by cleareyeon Jan 26, 2021 4:05pm

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Post# 32390390

Possible target for the interim bottom

I think that a bottom of $4.55 US or $5.79 Canadian is a reasonable target for these shorters. Or, $5.89 Canadian and $4.64 US.

It's too bad that so many holders of this stock are selling into a market that is supportive of VET's cash flow sources.

We'll see if the bloodbath continues tomorrow or if cooler heads prevail and smart money steps in.

Wednesday is often a "change of fortunes day". Not sure if that will be the case tomorrow.

cleareye.

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