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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

Post by shenty46on Feb 16, 2021 7:37am
178 Views
Post# 32571237

i think

i thinki think most of us have forgotten that vermillions 45% production is towards ng, and with north american ng prices firming up very nicely comparing to european gas prices which are usually 2 to 2andhalf times high , vermilliom should be in a very sweet spot, and we also forgot that most of its production is sold in brent pricing, which is already near 65$, and we also forgot that thier australian production is sold at almost 20$ highher than even brent. 5-10 dollar increase in oil prices will get this into 20s for sure.
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