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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

Comment by Oldnaggeron Jul 20, 2021 5:50am
142 Views
Post# 33573999

RE:RE:RE:RE:look at the charts

RE:RE:RE:RE:look at the charts

Refineries around the world are buying Crude on the August contract to meet their needs this fall. That is traditionally a season of weaker demand for products and consequent refinery shutdowns for maintenance. Layer on concern over continuing lockdowns and then maybe that explains why the trade did not jump in on yesterdays blow out. 
Nevertheless of two things I am sure ; Winter will come and the inndustry will not be able to stock up in time. As to actual numbers , I have not been blessed with those powers, but I can usually spot a good long term bet and VET fills that bill for me !!

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