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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 Oldnaggeron Feb 02, 2021 12:41pm
138 Views
Post# 32447634

RE:BNN: VET potentially short squeeze candidate!

RE:BNN: VET potentially short squeeze candidate!
EnergyWatcher55 wrote: BNN reporting today that VET, ARC, Canada Goose and Ballard Power are potentially short squeeze candidates!

A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall, to buy it in order to forestall even greater losses. Their scramble to buy only adds to the upward pressure on the stock's price.

The top most shorted stocks on the TSX are the canabais stocks (ACB, WEED, APHA) and Crescent Point Energy and Imperial oil. 

I agree with Energy , this is what I should have taken more time to convey. My apologies if I have confused anyone
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