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 > Long term hold

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Comment by stockmarket1on Feb 10, 2021 3:07pm

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Post# 32528076

RE:RE:RE:RE:RE:Long term hold

Years to break even? Why not average down at these prices which will bring your average cost much lower?

lashing wrote: I have a ton of over $20 shares too. Its going to take years to break even. Once the div was cancelled VET was over. But teh sompany is still good and will produce plenty of cash. Guys like Nuttall want to hate this stock forever. Even though he is willing to trade it. $28? Maybe if $100 oil hits and the divvy comes back. The "green" BS has to die eventually but my feeling is they want to bankrupt companies and shareholders first to take it all for pennies.

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The investment impact of the U.S. 25% tariff on Canadian imports