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.

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Comment by mnztron Aug 08, 2021 3:22am

127 Views

Post# 33669170

RE:RE:RE:Vet..

OIL!?? I though they made health products for animals dammit!!!

sclarda wrote:
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Cars and planes use a lot of Oil which is what VET produces. VET produces crude oil which is sold to refiners who produce jet fuel, gasoline, diesel and many other products. So if their is more demand for these fuels it increases the demand for crude Oil and if there is not enough supply to meet it oil prices would rise which would benefit VET and all oil companies.

If you have a hard time understanding the basics of supply and demand you likely should not be investing in oil stocks or anything else.