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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 lashingon Feb 18, 2021 6:46pm
203 Views
Post# 32605257

In time VET will triple

In time VET will tripleThe assets are all good. Debt is large, no one can ignore that. The biggest danger is the next market crash, which is inevitable. Markets have not been operating on fundamentals or free trade for some time. Its all propped up by smoke. Oil always takes a hit with general markets. So the only question is how long do we have? No questions a supply crisis is in the making for this summer. This may get killed by a new Covid marketing campaign etc and their is that pesky "little" issue of a fake US election which needs to be worked out and which will be worked out. Instability is coming for the USA. I'd go all in on VET and others if it were for all the instability and pure fraud all around us. Plus I hold enough already I'd be lucky to break even on. 

What  bought in summer 2020 has covered some losses nicely.
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