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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 chillyballson Apr 08, 2021 11:23am
228 Views
Post# 32956652

It ain't VET...

It ain't VET...

...the entire industry is down today and overall for the past several weeks. Whether it is gas related, oil related, oil services related... it's all down.
The tough part with VET is that it is more volatile than many... when it drops it drops fast... but when it rises it ignites  the after burners... you can have your cake but you will have to wait to eat it. Analysts all have this in the 11-14 dollar range for now... and it is still way below pre-covid... relax arm-chair analysts.
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