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 > current Rally...

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Comment by mnztron Feb 22, 2021 9:26pm

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Post# 32633554

RE:current Rally...

It really depends on oil prices. If we were in normal times and oil was at 65 with no pandemic variables, VET would be $20+. If oil prices drop when the Saudis add 1M bbl in March it could dip again, but the previous lows were predicting bankruptcy. Its pretty clear now that VET is at no risk of bankruptcy even down to $30 oil.

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