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

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Post by Frost19on Feb 22, 2021 10:30am

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Post# 32625678

Earning release early March

The share price will get to ~$9 before earning (assuming WTI stays around $60 plus or minus $3).

With earnings release we should see share price pop over $10.

Then every week that WTI stays at ~$60 plus or mins $3 we should see 5-10% share price gains.
2 steps forward and 1 step back.

By mid summer we will be into the teens again and when Q1 2021 releases that will be extremely bullish for the share price as we've had excellent benchmark pricing that will easily suprpass VET's previous proejections.

Just takes time but this should be an easy 2x in less than a year and 3x in one years time - as long as WTI stays above $50 (and it should with cruise ships, planes, travel etc all re-opening)

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