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 > WTI targets may have been hit.

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Comment by cleareyeon Jul 19, 2021 12:45pm

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Post# 33569598

RE:RE:WTI targets may have been hit.

Well, I was wrong on thinking that the price of WTIC was going to bounce and start to run higher, earlier this morning, off of the Fib Retrace of $67.10.

It may still - and if it closes well above 67.10 then we may have seen a bottom. But, as it is, there is this general market downturn today that may or may not develop into something bigger.

Drifting around 67.00 is not a bounce.

I was too quick to criticize the Bay St and Wall St crowd. (whether they deserve it or not.)

All the best.

cleareye.

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