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 > Q2 - Before Market - August 16.

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Comment by Oldnaggeron Jul 18, 2021 3:14pm

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Post# 33567081

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q2 - Before Market - August 16.

I believe that when Opec stated that they would increase supply by 400 kbpd each month they knew that this estimate would be very conservative compared to rising global demand. The fact that the market was weak on Friday was concerning , as Sundays meeting was known and people usually don't have meetings without already knowing they will have something positive to announce.
So Monday maybe a last hurrah day, but it is hard for me to see how traders can now continue to stave off the inevitable rebound !!

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