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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 14, 2021 6:10pm
163 Views
Post# 32565903

RE:RE:RE:Latest short

RE:RE:RE:Latest shortThe most dangerous short position imaginable is nat gas during a polar vortex. With loclized prices jumping well over USD  100 in many locations shorts can see instant ruin as their liabilities are unlimited and worse they can be violently squeezed. VET has 45% nat gas which is essentially all located in the most frigid of regions.
Do not be surprised to see panic buying by shorts as trading reopens on Tuesday !!
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