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 > I'm getting old I know but what is an algorithm machine

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Comment by stockmarket1on Aug 06, 2021 10:58am

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Post# 33663238

RE:RE:RE:RE:RE:I'm getting old I know but what is an algorithm machine

I'm now sensing the same thing. My suspicion is that the share price for VET will still remain under $10 by fall of 2021. My opinion anyway. That said, ample time to accumulate but with caution because there are plenty of other names to invest in that 1) have more solid growth which equals a rise in shares and 2)...they pay dividends. Get paid to wait.

Vet, currently, has neither so tread with caution here. I'll keep my main holding on this but right now, I'm honestly and strongly considering on reducing my VET holdings if there is a small rally just before, or after earnings day.

I now feel that that shares will flutter along with no rise for a considerable time. It's just a feeling I have and I've been rarely wrong with my feelings when it comes to shares i own lol. I'll reassess soon and we'll see by Fall and beyond if I'm wrong.

G/L